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HR 6082 118th Congress House Finance and Financial Sector

Emergency Advance Payments Modernization Act

Introduced: October 26, 2023 Introduced by: Garbarino, Andrew R. Republican · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 2023
Referred to the House Committee on Financial Services.
Oct 26, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Emergency Advance Payments Modernization Act

This bill requires the Federal Emergency Management Agency (FEMA) to establish a pilot program to enhance the delivery of advance payments made through the National Flood Insurance Program (NFIP). FEMA provides advance payment of NFIP insurance claims to certain policyholders who provide documentation before an adjustor inspection. Under the bill, FEMA must use real-time, rapid-monitoring data, including remote sensing data, to increase the speed and amount of such payments. The bill also allows FEMA to use amounts in the National Flood Insurance Fund to forgive any amounts overpaid to a policyholder under the pilot program.

What's happening now October 26, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1