Small Business Surcharge Relief Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Nov 7, 2017)
Small Business Surcharge Relief Act
This bill amends the National Flood Insurance Act of 1968 to partially exempt small businesses and nonprofit organizations from the Homeowner Flood Insurance Affordability Act (HFIAA) surcharge. The bill limits application of the HFIAA surcharge to two buildings on the same property, exempting additional buildings. The business or organization must certify that the savings will be used for flood mitigation on the property.
What just happenedNov 7, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateNov 7, 2017
- Nov 7, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Nov 7, 2017IntroReferral10000
Introduced in Senate