3.0.0 1309 2024-07-24T15:23:32Z 2024-07-24T15:23:32Z House H HR 2023-03-01 118 [Congressional Record Volume 169, Number 39 (Wednesday, March 1, 2023)][House][Pages H1051-H1052]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LUETKEMEYER:H.R. 1309.Congress has the power to enact this legislation pursuantto the following:[[Page H1052]]The constitutional authority on which this bill rests isthe explicit power of Congress to regulate commerce in andamong the states, as enumerate in Article 1, Section 8,Clause 3, the Commerce Clause, of the United StatesConstitution. Additionally, Article 1, Section 7, Clause 2 ofthe Constitution allows for every bill passed by the House ofRepresentatives and the Senate and signed by the President tobe codified into law and therefore implicitly allows CongresstoThe single subject of this legislation is:To require the use of replacement cost value in determiningthe premium rates for flood insurance coverage under theNational Flood Insurance Act, and for other purposes.]]> hsba00 Financial Services Committee House Standing Referred to 2023-03-01T14:04:05Z 2023-03-01 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-03-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-03-01 Introduced in House IntroReferral 1000 9 Library of Congress L000569 Rep. Luetkemeyer, Blaine [R-MO-3] Blaine Luetkemeyer R MO 3 N Finance and Financial Sector Finance and Financial Sector 2023-03-20T13:45:37Z 00 2023-03-01 Introduced in House 2023-05-23T17:50:02Z This bill directs the Federal Emergency Management Agency (FEMA) to incorporate the replacement cost value of a structure insured under the National Flood Insurance Program of 1968 in its consideration of chargeable premium rates.

FEMA must conduct a study regarding risk rating redesign utilizing replacement cost and report the findings to Congress.

]]> To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. Display Title 45 To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. 2024-07-24T15:23:32Z Official Title as Introduced 6 To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. 2024-03-18T20:23:56Z Introduced in House IH Introduced in House 2023-03-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr1309ih/xml/BILLS-118hr1309ih.xml 2023-03-01 Referred to the House Committee on Financial Services. 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.