Amendment reduces the number of flood insurance policies that are directly managed by the Agency to not more than 10% of the total number of flood insurance policies in force and authorizes FEMA to refuse to accept future transfers of policies to the NFIP Direct program.

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Amendment Number
622
Description
Amendment reduces the number of flood insurance policies that are directly managed by the Agency to not more than 10% of the total number of flood insurance policies in force and authorizes FEMA to refuse to accept future transfers of policies to the NFIP Direct program.
Purpose
An amendment numbered 16 printed in House Report 112-138 to reduce the number of flood insurance policies that are directly managed by the Agency to not more than 10% of the total number of flood insurance policies in force. Would further authorize FEMA to refuse to accept future transfers of policies to the NFIP Direct program.
Congress
112
Type
HAMDT
Latest Action Date
Jul 12, 2011
Latest Action Text
On agreeing to the Sherman amendment (A010) Agreed to by voice vote.
Latest Action Time
16:09:33
Submitted Date
Jul 12, 2011
Chamber
House of Representatives
Update Date
Feb 3, 2022
Amendment 622 — Informed