[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 2275 Considered and Passed Senate (CPS)]








109th CONGRESS
  2d Session
                                S. 2275

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


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

            February 10 (legislative day, February 9), 2006

    Mr. Shelby introduced the following bill; which was read twice, 
              considered, read the third time, and passed

_______________________________________________________________________

                                 A BILL


 
    To temporarily 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 
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 ``$21,200,000,000''.

SEC. 3. EMERGENCY SPENDING.

    Amendments made pursuant to this Act are designated as emergency 
spending, as provided under section 402 of H. Con. Res. 95 (109th 
Congress).
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