Flood Insurance Pricing Transparency Act
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Flood Insurance Pricing Transparency Act
This bill directs the Federal Emergency Management Agency (FEMA) to publish all formulas used by FEMA to calculate mitigation credits available to properties insured under the National Flood Insurance Program (NFIP). (Under current NFIP rating methodology, individuals can receive premium credits for mitigation activity on their property such as installing flood openings, elevating the structure, and elevating machinery and equipment above the lowest floor.) FEMA must also develop a publicly available tool that estimates NFIP premium rates based on user inputs, including the change in rates as a result of mitigation activities.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 3829: Flood Insurance Pricing Transparency Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3829/
"S. 3829: Flood Insurance Pricing Transparency Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3829/.
S. 3829, 117th Cong. (2026), https://openamerica.io/bill/117-S-3829/.
[S. 3829: Flood Insurance Pricing Transparency Act](https://openamerica.io/bill/117-S-3829/)