I
109th CONGRESS
2d Session
H. R. 4656
IN THE HOUSE OF REPRESENTATIVES
January 31, 2006
Mr. Jindal introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To increase the borrowing authority of the Federal Emergency Management Agency for carrying out the national flood insurance program.
Short title
This Act may be cited as the National Flood Insurance Program Enhanced Borrowing Authority Act of 2006
.
Increase in borrowing authority
The first sentence of subsection (a) of section 1309 of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a)), as amended by section 2 of the National Flood Insurance Program Further Enhanced Borrowing Authority Act of 2005 (Public Law 109–106; 119 Stat. 2288), is amended by striking $18,500,000,000
and inserting $24,100,000,000
.