S.1507: State Flood Mitigation Revolving Fund Act of 2017

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Bill Summary

State Flood Mitigation Revolving Fund Act of 2017 This bill amends the National Flood Insurance Act of 1968 to permit the Federal Emergency Management Agency (FEMA) to provide capitalization grants to states to establish revolving funds to address flood risks. Revolving funds may be used to provide: (1) financial assistance to participants in the National Flood Insurance Program, including homeowners, businesses, nonprofit organizations, and...

(Source: Library of Congress)

Bill Actions

Date Description
June 29, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S3862-3863)
June 29, 2017

Introduced in the Senate by Jack Reed (D-R.I.)

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