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- H.R.2565
H.R.2565: To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
About This Bill
- Introduced May 19, 2017
- Latest Major Action July 14, 2017
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Versions
- Reported in House - July 14, 2017
- Introduced in House - May 19, 2017
Bill Summary
(Sec. 1) This bill directs the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates. FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
Date | Description |
---|---|
July 14, 2017 |
Placed on the Union Calendar, Calendar No. 156.
|
July 14, 2017 |
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-221.
|
June 21, 2017 |
Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
|
June 21, 2017 |
Committee Consideration and Mark-up Session Held.
|
May 19, 2017 |
Referred to the House Committee on Financial Services.
|
May 19, 2017 |
Introduced in the House by Blaine Luetkemeyer (R-Mo.) |