S. 2968

NFIP Extension through 2023 Act

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II

118th CONGRESS

1st Session

S. 2968

IN THE SENATE OF THE UNITED STATES

September 28 (legislative day, September 22), 2023

Mr. Kennedy (for himself, Mr. Tillis, Mr. Cassidy, Mr. Cruz, Mr. Rubio, and Ms. Murkowski) 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 NFIP Extension through 2023 Act.

2.

Reauthorization

(a)

Financing

Section 1309(a) of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a)) is amended by striking September 30, 2023 and inserting December 31, 2023.

(b)

Program expiration

Section 1319 of the National Flood Insurance Act of 1968 (42 U.S.C. 4026) is amended by striking September 30, 2023 and inserting December 31, 2023.

(c)

Retroactive effective date

If this Act is enacted after September 30, 2023, the amendments made by subsections (a) and (b) shall take effect as if enacted on September 30, 2023.