3.0.0 602 2025-01-14T18:20:21Z 2025-01-14T18:20:21Z Senate S S 2023-03-01 118 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2023-03-01T19:52:01Z 118 721 S 2023-03-08 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2023-03-01 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2023-03-01 Introduced in Senate IntroReferral 10000 9 Library of Congress K000393 Sen. Kennedy, John [R-LA] John Kennedy R LA N H001079 Sen. Hyde-Smith, Cindy [R-MS] Cindy Hyde-Smith R MS 2023-03-01 True Finance and Financial Sector Finance and Financial Sector 2023-03-21T18:45:53Z

00 2023-03-01 Introduced in Senate 2023-06-20T16:59:20Z <p><strong>Risk Rating 2.0 Transparency Act</strong></p> <p>This bill requires the Federal Emergency Management Agency (FEMA) to release specified information regarding the National Flood Insurance Program's new <i>Risk Rating 2.0</i>. <i>Risk Rating 2.0</i> went into effect on October 1, 2021, for new policies and on April 1, 2022, for existing policies. It bases premium rates on an individual property's specific flood risk instead of the flood risk of a general location and property type. </p> <p>Under the bill, FEMA must </p> <ul> <li>publish all data and methods used to calculate premium rates under <i>Risk Rating 2.0</i>, </li> <li>create an online database where policyholders can see premium rates for their property using specified calculations, and</li> <li>publish an assessment of the economic and social impacts of <i>Risk Rating 2.0</i>. </li> </ul>

Display Title 45 2024-07-24T15:23:35Z Short Title(s) as Introduced 101 2024-05-24T13:42:06Z Introduced in Senate IS Official Title as Introduced 6 2023-03-15T01:58:42Z Introduced in Senate IS Introduced in Senate 2023-03-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118s602is/xml/BILLS-118s602is.xml 2023-03-01 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.