NFIP Extension Act of 2024

Bill: 118-s-4772
Sponsor: full_name: Sen. Kennedy, John [R-LA]
Introduced: 2024-07-25
Policy area: Finance and Financial Sector
Latest action: action_date: 2024-07-25
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:

tv_txt: II 118th CONGRESS 2d Session S. 4772 IN THE SENATE OF THE UNITED STATES July 25, 2024 Mr. Kennedy introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To reauthorize the National Flood Insurance Program.

1. Short title This Act may be cited as the NFIP Extension Act of 2024 . 2. Reauthorization (a) Financing Section 1309(a) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4016(a) ) is amended by striking September 30, 2023 and inserting September 30, 2025 . (b) Program expiration Section 1319 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4026 ) is amended by striking September 30, 2023 and inserting September 30, 2025 . (c) Retroactive effective date If this Act is enacted after September 30, 2024, the amendments made by subsections (a) and (b) shall take effect as if enacted on September 30, 2024.