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S. 1386

BillFederalSenateIn Committee
A bill to exclude from consideration as income certain payments under the national flood insurance program.
About This Bill
Committee
Latest Action · July 13, 2005
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
109th (2005–2007)
Introduced
July 13, 2005
Cosponsors (5)
2D 3R
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Summary

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Amends the National Flood Insurance Act of 1968 to declare that assistance provided under a program for flood mitigation activities with respect to a property shall not be considered income or a resource of the owner (or any lessee or user) of the property when determining eligibility for or benefit levels under any income assistance or resource-tested program that is funded in whole or in part by a federal agency or by appropriated federal funds.

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