US SB2172 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on July 18 2019 - 25% progression, died in committee
Action: 2019-07-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 18 2019 - 25% progression, died in committee
Action: 2019-07-18 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Small Business Surcharge Relief Act
Sponsors
Sen. Roger Wicker [R-MS] |
History
Date | Chamber | Action |
---|---|---|
2019-07-18 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Subjects
Building construction
Disaster relief and insurance
Finance and financial sector
Floods and storm protection
Small business
Social work, volunteer service, charitable organizations
Tax-exempt organizations
Disaster relief and insurance
Finance and financial sector
Floods and storm protection
Small business
Social work, volunteer service, charitable organizations
Tax-exempt organizations
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2172/all-info |
Text | https://www.congress.gov/116/bills/s2172/BILLS-116s2172is.pdf |