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Wednesday, March 13, 2013

Bill to Require FEMA to Study Community-Based Flood Insurance Passes House

The legislation, H.R. 1035, regarding Studies of Voluntary Community-based Flood Insurance Options, passed in the House on March 12, 2013.

The bill "would require the Federal Emergency Management Agency [FEMA], the agency which administers the National Flood Insurance Program [NFIP] to conduct a study on the advantages and disadvantages of providing voluntary community-based flood insurance through the NFIP and report its recommendations for implementation to Congress within 18 months."

Learn more about H.R. 1035.

Read the Congressional Record.