S. 1533

National Flood Insurance Program Extension Act

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II

116th CONGRESS

1st Session

S. 1533

IN THE SENATE OF THE UNITED STATES

May 16, 2019

Mr. Kennedy introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To reauthorize the National Flood Insurance Program.

1.

Short title

This Act may be cited as the National Flood Insurance Program Extension Act.

2.

Reauthorization of National Flood Insurance Program

(a)

Financing

Section 1309(a) of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a)) is amended by striking May 31, 2019 and inserting December 1, 2020.

(b)

Program expiration

Section 1319 of the National Flood Insurance Act of 1968 (42 U.S.C. 4026) is amended by striking May 31, 2019 and inserting December 1, 2020.

(c)

Retroactive effective date

If this Act is enacted after May 31, 2019, the amendments made by subsections (a) and (b) shall take effect as if enacted on May 31, 2019.