To require a report regarding the potential impacts of any changes to the risk-rating methodology for the National Flood Insurance Program of the Federal Emergency Management Agency before implementation, and for other purposes.
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Committee
Latest Action · September 17, 2020
Referred to the House Committee on Financial Services.
National Flood Insurance Program Reporting on Impact to Seaboards and Counties Act of 2020 or the NFIP RISC Act of 2020
This bill requires the Federal Emergency Management Agency to, prior to implementing any chargeable premium rate for National Flood Insurance Program coverage related to a change in flood-risk assessment methodology, report on this change.
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