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| Long title | To delay the implementation of certain provisions of the Biggert–Waters Flood Insurance Reform Act of 2012, and for other purposes. |
|---|---|
| Announced in | the 113th United States Congress |
| Sponsored by | Rep. Michael G. Grimm (R, NY-11) |
| Number of co-sponsors | 79 |
| Codification | |
| Acts affected | National Flood Insurance Act of 1968, Biggert–Waters Flood Insurance Reform Act of 2012 |
| U.S.C. sections affected | 42 U.S.C. § 4014, 42 U.S.C. § 4001 et seq., 42 U.S.C. § 4017, 42 U.S.C. § 4104, 42 U.S.C. § 4015, and others. |
| Agencies affected | United States House of Representatives, Executive Office of the President, United States Congress, Federal Emergency Management Agency, United States Senate |
| Authorizations of appropriations | an unlimited amount |
| Legislative history | |
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The Homeowner Flood Insurance Affordability Act of 2013 (H.R. 3370) is a bill that would reduce some of the reforms made to the federal flood insurance program that were passed two years prior.[1] The bill would reduce federal flood insurance premium rates for some properties that are sold, were uninsured as of July 2012, or where coverage lapsed as a result of the policyholder no longer being required to maintain coverage.[2]
The bill was passed in the United States House of Representatives during the 113th United States Congress.[3] On March 21, 2014, President Barack Obama signed the bill into law, making it Pub. L. 113–89 (text) (PDF).[3]
- ^ Kasperowicz, Pete (4 March 2014). "House retreats from 2012 flood reforms". The Hill. Retrieved 6 March 2014.
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