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S. 2704 117th Congress Senate

Small Business Surcharge Relief Act

Official title: A bill to amend the National Flood Insurance Act of 1968 to provide relief from surcharges to small businesses and nonprofit organizations.

Introduced: August 10, 2021 Introduced by: Roger F. Wicker Republican · Mississippi See on congress.gov
Finance and Financial Sector
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 10, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Aug 10, 2021
Introduced in Senate
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 Latest action August 10, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Small Business Surcharge Relief Act

This bill partially exempts small businesses and nonprofit organizations from the Homeowner Flood Insurance Affordability Act (HFIAA) surcharge. The bill limits application of the HFIAA surcharge to two buildings on the same property, exempting additional buildings. The business or organization must certify that the savings will be used for flood mitigation on the property.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Hyde-Smith, Cindy
Mississippi · Aug 10, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2704: Small Business Surcharge Relief Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-2704/
MLA
"S. 2704: Small Business Surcharge Relief Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-2704/.
Bluebook (legal)
S. 2704, 117th Cong. (2026), https://openamerica.io/bill/117-S-2704/.
Markdown link
[S. 2704: Small Business Surcharge Relief Act](https://openamerica.io/bill/117-S-2704/)
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