House extends national flood insurance program

WASHINGTON (Reuters) – Representative Barney Frank introduced legislation on Friday to extend the National Flood Insurance. The House Financial Services Committee, which is led by Frank, is working.

WASHINGTON-The House Financial Services Committee debated a package of legislation Wednesday to reform and reauthorize the National Flood Insurance Program. together, would extend the program until.

"The two top lawmakers on the House Financial Services Committee reached an agreement to extend the National Flood Insurance Program another four months, the 11th short-term extension of this financially troubled program in less than two years.

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Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday. The stopgap bill was passed by the House on Thursday with a fast-track procedure used when members are on recess. It will allow new flood insurance policies to be issued and avoid delays of real estate transactions [.]

Official Titles as Amended by House. To extend the National Flood Insurance Program, and for other purposes. Official Titles – Senate Official Titles as Amended by Senate. An act to extend the National Flood Insurance Program, and for other purposes. Official Titles as Introduced.

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Congress has once again temporarily extended the National Flood Insurance Program. As previously reported, at the end of 2018 Congress temporarily extended the Program until May 31, 2019.The recent legislation extends the Program to June 14, 2019.The temporary extension provides time for the House of Representatives to vote on H.R. 2157, which was passed by the Senate with an amendment.

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continues push for long-term NFIP reauthorization and reform "The embattled National Flood Insurance Program is central to U.S. disaster preparedness efforts," Guzman said in her testimony. "According.

Just days before the latest National Flood Insurance Program extension was set to expire, the U.S. House of Representatives on Wednesday approved another extension for the program.

In addition to the stopgap, another bill, which would appropriate $19.1 billion in disaster relief and extend the National Flood Insurance Program to September 30, is expected to pass this week.