Bill117th CongressFiled Aug 10, 2021Finance and Financial Sector
S. 2704
Small Business Surcharge Relief Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Aug 10, 2021)
Small Business Surcharge Relief Act
This bill partially exempts 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 happenedAug 10, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Wicker, Roger F. [R-MS](R-MS)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions
- Introduced in SenateAug 10, 2021
- Aug 10, 2021IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Aug 10, 2021IntroReferral10000
Introduced in Senate