To amend the National Flood Insurance Act of 1968 to allow the repair, expansion, and construction, without elevation, of agricultural structures located in special flood hazard zones, and for other purposes.
About This Bill
Committee
Latest Action · January 29, 2019
Referred to the House Committee on Financial Services.
Flood Insurance for Farmers Act of 2019
This bill modifies coverage requirements under the National Flood Insurance Program (NFIP). The bill allows certain local variances from compliance with elevation and flood-proofing requirements for agricultural structures located in special flood hazard zones. The chargeable premium rate for coverage of a structure given a variance shall be the same as would otherwise apply if the structure had been dry floodproofed.
The bill allows for alternative maps and risk-based rates for NFIP coverage in certain areas where levees fail to meet specified minimum standards.
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