[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4656 Introduced in House (IH)]







109th CONGRESS
  2d Session
                                H. R. 4656

To increase the borrowing authority of the Federal Emergency Management 
     Agency for carrying out the national flood insurance program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 31, 2006

  Mr. Jindal introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To increase the borrowing authority of the Federal Emergency Management 
     Agency for carrying out the national flood insurance program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``National Flood Insurance Program 
Enhanced Borrowing Authority Act of 2006''.

SEC. 2. INCREASE IN BORROWING AUTHORITY.

    The first sentence of subsection (a) of section 1309 of the 
National Flood Insurance Act of 1968 (42 U.S.C. 4016(a)), as amended by 
section 2 of the National Flood Insurance Program Further Enhanced 
Borrowing Authority Act of 2005 (Public Law 109-106; 119 Stat. 2288), 
is amended by striking ``$18,500,000,000'' and inserting 
``$24,100,000,000''.
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