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H.R. 4866

Flood Insurance Rate Increase Suspension Act of 2016

Flood Insurance Rate Increase Suspension Act of 2016

This bill bars from taking effect for a 12-month period any increases in mandatory chargeable risk premium rates for flood insurance coverage under the National Flood Insurance Act of 1968.

Beginning upon the expiration of the 12-month period, the increases in chargeable risk premium rates shall be made on a yearly basis.

Referred to the House Committee on Financial Services.

Rep. Jolly, David W. [R-FL-13](R-FL)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions2subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Flood Insurance Rate Increase Suspension Act of 2016 — Informed