HR 4866 · 114th Congress · Finance and Financial Sector

Flood Insurance Rate Increase Suspension Act of 2016

Introduced 2016-03-23· Sponsored by Rep. Jolly, David W. [R-FL-13]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2016-03-23)

Plain Language Summary

[AI summary unavailable — showing source text] Flood Insurance Rate Increase Suspension Act of 2016 This bill bars from taking effect for a 12-month period any increases in mandatory chargeable risk premium rates for flood insurance coverage under the National Flood Insurance Act of 1968. Beginning upon the expiration of the 12-month period, the increases in chargeable risk premium rates shall be made on a yearly basis.…

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

Cosponsors (1)

1 Republican
Rep. Bilirakis, Gus M. [R-FL-12]FL