HR 1430 · 112th Congress · Housing and Community Development

Flood Insurance Choice Act

Introduced 2011-04-07· Sponsored by Rep. Nunes, Devin [R-CA-21]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Insurance, Housing and Community Opportunity.(2011-05-02)

Plain Language Summary

[AI summary unavailable — showing source text] Flood Insurance Choice Act - Amends the Flood Disaster Protection Act of 1973 to require regulated lending institutions, federal agency lenders, and the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) to accept, as satisfaction of certain mortgage requirements for flood insurance, flood insurance coverage provided by a private entity that otherwise meets the Act's coverage requirements.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Republicans
Rep. Chaffetz, Jason [R-UT-3]UT
Rep. Paul, Ron [R-TX-14]TX