S.2172: Small Business Surcharge Relief Act

About This Bill

Bill Version

Bill Summary

Small Business Surcharge Relief Act This bill partially exempts small businesses and nonprofit organizations from the Homeowner Flood Insurance Affordability Act (HFIAA) surcharge. The bill limits application of the HFIAA surcharge to two buildings on the same property, exempting additional buildings. The business or organization must certify that the savings will be used for flood mitigation on the property.

(Source: Library of Congress)

Bill Actions

Date Description
July 18, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 18, 2019

Introduced in the Senate by Roger Wicker (R-Miss.)

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