S. 2275

National Flood Insurance Program Enhanced Borrowing Authority Act of 2006

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        [Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 2275 Enrolled Bill (ENR)]

S.2275

One Hundred Ninth Congress

of the

United States of America

AT THE SECOND SESSION

Begun and held at the City of Washington on Tuesday,
the third day of January, two thousand and six

An Act

An Act to temporarily increase the borrowing authority of the Federal
Emergency Management Agency for carrying out the national flood
insurance program.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``National Flood Insurance Program
Enhanced Borrowing Authority Act of 2006''.

SEC. 2. 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
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 ``$20,775,000,000''.

SEC. 3. EMERGENCY SPENDING.

Amendments made pursuant to this Act are designated as emergency
spending, as provided under section 402 of H. Con. Res. 95 (109th
Congress).

Speaker of the House of Representatives.

Vice President of the United States and
President of the Senate.