3.0.0 2251 2023-01-11T20:19:37Z 2023-01-11T20:19:37Z Senate S S 2007-10-26 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2007-10-26T17:45:30Z 2007-10-26 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S13491) IntroReferral 2007-10-26 Sponsor introductory remarks on measure. (CR S13490-13491) IntroReferral B00100 9 Library of Congress 2007-10-26 Introduced in Senate IntroReferral 10000 9 Library of Congress F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA N L000447 Sen. Lott, Trent [R-MS] CHESTER LOTT R MS TRENT 2007-10-26 True C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2007-10-26 True Emergency Management Disaster insurance Finance and Financial Sector Flood control Floods Insurance premiums Water Resources Development Emergency Management 00 2007-10-26 Introduced in Senate 2008-02-28T22:27:46Z Homeowner's Flood Insurance Protection Act of 2007 - Amends the National Flood Insurance Act of 1968 with respect to any area that: (1) previously was not designated as a special flood hazard area because it was protected by a flood protection system; and (2) becomes so designated as a result of the decertification of that flood protection system pursuant to any updating, reviewing, or remapping of flood insurance program rate maps.

Sets the chargeable flood insurance premium rate for any property that, before enactment of this Act, was located within such an area at 50% of the chargeable risk premium rate otherwise applicable. Terminates such discount rate five years after the area's initial designation as a special flood hazard area.

]]> Homeowner's Flood Insurance Protection Act of 2007 Official Title as Introduced A bill to ensure that individual homeowners that were not previously required to purchase flood insurance that are now required to do so because of the updating of flood insurance program rate maps receive a discount for the purchase of such insurance. Introduced in Senate IS Display Title Homeowner's Flood Insurance Protection Act of 2007 Short Titles as Introduced Homeowner's Flood Insurance Protection Act of 2007 Introduced in Senate 2007-10-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2251is/xml/BILLS-110s2251is.xml 2007-10-26 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S13491) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.