[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5793 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 5793

To temporarily limit the authority of the Administrator of the Federal 
 Emergency Management Agency to prescribe chargeable premium rates for 
      flood insurance under the National Flood Insurance Program.


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                    IN THE HOUSE OF REPRESENTATIVES

                            November 1, 2021

    Mr. Diaz-Balart (for himself, Mr. Gimenez, Mr. Donalds, and Mr. 
  Buchanan) introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To temporarily limit the authority of the Administrator of the Federal 
 Emergency Management Agency to prescribe chargeable premium rates for 
      flood insurance under 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 ``NFIP Risk Rating 2.0 Delay Act of 
2021''.

SEC. 2. PREMIUM RATE FREEZE.

    Notwithstanding section 1308(a) of the National Flood Insurance Act 
of 1968 (42 U.S.C. 4015(a)), during the period beginning on the date of 
enactment of this Act and ending on September 30, 2022, the chargeable 
premium rates for flood insurance coverage under the National Flood 
Insurance Act of 1968 (42 U.S.C. 4001 et seq.), as in effect on the day 
before that date of enactment--
            (1) shall remain in effect; and
            (2) may not be adjusted by the Administrator of the Federal 
        Emergency Management Agency.
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