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H.R. 2565

Introduced

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.

Introduced 5/19/2017•115th Congress•House
Congress.gov

Latest Action

Placed on the Union Calendar, Calendar No. 156.

7/14/2017 • House

Summary

(Sec. 1) 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.

Reported to House with amendment(s) • 7/14/2017

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Topics & Subjects

Policy Area: Finance and Financial Sector
Congressional oversightDisaster relief and insuranceFloods and storm protectionGovernment studies and investigationsInsurance industry and regulation

CBO Cost Estimates (1)

H.R. 2565, a bill 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

As ordered reported by the House Committee on Financial Services on June 21, 2017

Published: July 17, 2017

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (1)

Sponsor

R[
Rep. Luetkemeyer, Blaine [R-MO-3]

Republican • MO-3

Sponsored 5/19/2017

No cosponsors yet

Cosponsors may be added as the bill moves through Congress

Bill Journey

Originated in the House

Introduced

May 19, 2017

Committee Review

June 21, 2017

Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (2)

Reported in House7/14/2017
Formatted TextPDFFormatted XML
Introduced in House5/19/2017
Formatted TextPDFFormatted XML

Committee Reports (1)

H. Rept. 115-221

Related Bills (2)

H.R. 2874

21st Century Flood Reform Act

RelatedView bill →

H.R. 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.

RelatedView bill →

Committee

Financial Services Committee

House

View committee →

Details

Bill TypeHR
Current StatusIntroduced
Cosponsors0
View on Congress.gov
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