To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

USA118^th CongressHR-1309| House

| Updated: 3/1/2023

This bill directs the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates. FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.

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Timeline

Bill from Previous Congress

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Bill from Previous Congress

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Bill from Previous Congress

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Mar 1, 2023

Introduced in House

Mar 1, 2023

Referred to the House Committee on Financial Services.

Bill from Previous Congress
HR 116-469
To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
Bill from Previous Congress
HR 117-3415
To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
Bill from Previous Congress
HR 115-2565
To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
March 1, 2023
Introduced in House
March 1, 2023
Referred to the House Committee on Financial Services.

Finance and Financial Sector

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

USA118^th CongressHR-1309| House

| Updated: 3/1/2023

This bill directs the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates. FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Bill from Previous Congress

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Bill from Previous Congress

To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.

Mar 1, 2023

Introduced in House

Mar 1, 2023

Referred to the House Committee on Financial Services.

Bill from Previous Congress
HR 116-469
To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
Bill from Previous Congress
HR 117-3415
To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
Bill from Previous Congress
HR 115-2565
To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes.
March 1, 2023
Introduced in House
March 1, 2023
Referred to the House Committee on Financial Services.

Blaine Luetkemeyer

Blaine Luetkemeyer

Republican Representative

Missouri

Financial Services Committee

Finance and Financial Sector

Introduced
In Committee
On Floor
Passed Chamber
Enacted