S 3320 · 112th Congress · Finance and Financial Sector

A bill to authorize the Administrator of the Federal Emergency Management Agency to waive the 30-day waiting period for flood insurance policies purchased for private properties affected by wildfire on Federal lands.

Introduced 2012-06-20· Sponsored by Sen. Bingaman, Jeff [D-NM]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2012-06-20)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the National Flood Insurance Act of 1968 to exempt from the statutory 30-day waiting period for a new contract for flood insurance coverage the initial purchase of flood insurance coverage for private property if: (1) the Administrator of the Federal Emergency Management Agency (FEMA) determines that the property is subject to elevated risk of flood due to wildfire on federal land, and (2) such coverage was purchased within 60 days after the fire containment date relating to the wildfire that caused the post-wildfire conditions.…

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

Cosponsors (4)

4 Democrats