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- H.R.469
H.R.469: 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 Jan. 10, 2019
- Latest Major Action Jan. 10, 2019
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - Jan. 10, 2019
Bill Summary
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
Bill Actions
| Date | Description |
|---|---|
| Jan. 10, 2019 |
Referred to the House Committee on Financial Services.
|
| Jan. 10, 2019 |
Introduced in the House by Blaine Luetkemeyer (R-Mo.) |