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S 601 118th Congress Senate Finance and Financial Sector

Flood Insurance Affordability Act

Introduced: March 1, 2023 Introduced by: Kennedy, John Republican · Louisiana See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
Mar 1, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 1, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

Flood Insurance Affordability Act

This bill lowers the annual limit on National Flood Insurance Program (NFIP) premium increases applicable to primary residences from 18% to 9%.

What's happening now March 1, 2023

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 601: Flood Insurance Affordability Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-601/
MLA
"S. 601: Flood Insurance Affordability Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-601/.
Bluebook (legal)
S. 601, 118th Cong. (2026), https://openamerica.io/bill/118-S-601/.
Markdown link
[S. 601: Flood Insurance Affordability Act](https://openamerica.io/bill/118-S-601/)
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