HR 5618 · 115th Congress · Finance and Financial Sector

Flooded Homeowner Financial Relief Act of 2018

Introduced 2018-04-25· Sponsored by Rep. Faso, John J. [R-NY-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2018-04-25)

Plain Language Summary

[AI summary unavailable — showing source text] Flooded Homeowner Financial Relief Act of 2018 This bill exempts certain property from the National Flood Insurance Program's mandatory purchase requirement. Specifically, a flood-hazard-area property that is part of a binding agreement for open-space conversion under an approved buy-out program shall be exempt from the requirement to purchase flood insurance.…

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

Cosponsors (6)

1 Democrat5 Republicans