Flood Insurance Integrity Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 29, 2015)
Flood Insurance Integrity Act of 2015
Directs the Government Accountability Office (GAO) to review every four years the rate tables established by the Federal Emergency Management Agency for implementing the national flood insurance program under the National Flood Insurance Act of 1968, and determine whether: (1) the chargeable premium rates for flood insurance coverage determined by those tables are actuarially sound, based on standard actuarial practices used in the private sector; and (2) such chargeable premium rates are sufficient to ensure the long-term financial sustainability of the national flood insurance program.
Directs GAO to review annually the process for establishing and updating flood insurance rate maps and determine the degree of accuracy of the mapping process.
What just happenedJul 29, 2015
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJul 29, 2015
- Jul 29, 2015IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jul 29, 2015IntroReferralIntro-H
Introduced in House
- Jul 29, 2015IntroReferral1000
Introduced in House