[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 41 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                 H. R. 41

    To temporarily increase the borrowing authority of the Federal 
    Emergency Management Agency for carrying out the National Flood 
                           Insurance Program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 3, 2013

 Mr. Garrett (for himself, Mr. Smith of New Jersey, Mr. Frelinghuysen, 
Mr. Lance, Mr. Grimm, Mr. Hanna, Mr. King of New York, Mr. Meeks, Mrs. 
Carolyn B. Maloney of New York, Mrs. McCarthy of New York, Mr. Crowley, 
 Mr. Nadler, Mr. Andrews, Mr. Runyan, Mr. LoBiondo, Ms. Meng, Mr. Sean 
Patrick Maloney of New York, Mr. Pascrell, Mr. Tonko, and Mr. Bishop of 
  New York) introduced the following bill; which was referred to the 
 Committee on Financial Services, and in addition to the Committee on 
the Budget, for a period to be subsequently determined by the Speaker, 
 in each case for consideration of such provisions as fall within the 
                jurisdiction of the committee concerned

_______________________________________________________________________

                                 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. TEMPORARY INCREASE IN BORROWING AUTHORITY FOR NATIONAL FLOOD 
              INSURANCE PROGRAM.

    (a) Section 1309(a) of the National Flood Insurance Act of 1968 (42 
U.S.C. 4016(a)) is amended by striking ``$20,725,000,000'' and 
inserting ``$30,425,000,000''.
    (b) The amount provided by this section is designated by the 
Congress as an emergency requirement pursuant to section 403(a) of S. 
Con. Res. 13 (111th Congress), the concurrent resolution on the budget 
for fiscal year 2010, and as an emergency pursuant to section 4(g) of 
the Statutory Pay-As-You-Go Act of 2010 (2 U.S.C. 933(g)).
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