S.3320: 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.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced June 20, 2012
  • Latest Major Action June 20, 2012

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
June 20, 2012

Introduced in the Senate by Jeff Bingaman (D-N.M.)

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