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H.R. 1401

BillFederalHouseIn Committee
Flood Insurance Fairness Act of 2017
About This Bill
Committee
Latest Action · March 7, 2017
Referred to the House Committee on Financial Services.
Congress
115th (2017–2019)
Introduced
March 7, 2017
Cosponsors (1)
1D 0R
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Summary

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Flood Insurance Fairness Act of 2017 This bill amends the National Flood Insurance Act of 1968 to allow, under the National Flood Insurance Program, subsidized risk premium rates for flood insurance coverage on: (1) non-primary residences, and (2) business property. In developing guidance and rate tables necessary to implement this Act, the Federal Emergency Management Agency (FEMA) shall consult with "Write Your Own" companies that write and service standard flood insurance policies in their own names.

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