A bill to ensure that holders of flood insurance policies under the National Flood Insurance Program do not receive premium refunds for coverage of second homes.
About This Bill
Passed
Latest Action · March 13, 2014
Referred to the House Committee on Financial Services.
Prohibits the Administrator of the Federal Emergency Management Agency (FEMA) from refunding any flood insurance premium collected in excess of the rates required by the Homeowner Flood Insurance Affordability Act of 2014 if the residential property covered is not an individual's primary residence.
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