US Congress House Bill 3258 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on June 13 2019 - 25% progression, died in committee
Action: 2019-06-13 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Directs the Government Accountability Office (GAO) to review every four years the rate tables established by the Federal Emergency Management Agency (FEMA) for implementing the National Flood Insurance Program (NFIP). The GAO must determine whether (1) the chargeable premium rates for flood insurance coverage are actuarially sound, based on standard actuarial practices used in the private sector; and (2) such chargeable premium rates are sufficient to ensure the long-term financial sustainability of NFIP. The bill also directs the GAO to review annually the process for establishing and updating flood insurance rate maps and determine the degree of accuracy of the mapping process.

Flood Insurance Integrity Act of 2019

Rep. Gus Bilirakis [R-FL]	Rep. Al Lawson [D-FL]	Rep. Francis Rooney [R-FL]	Rep. Ross Spano [R-FL]
Rep. Ted Yoho [R-FL]

Date	Chamber	Action
2019-06-13	House	Referred to the House Committee on Financial Services.
2019-06-13	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/3258/all-info
Text	https://www.congress.gov/116/bills/hr3258/BILLS-116hr3258ih.pdf