[Congressional Record (Bound Edition), Volume 152 (2006), Part 1]
[Senate]
[Page 1460]
[From the U.S. Government Publishing Office, www.gpo.gov]




 NATIONAL FLOOD INSURANCE PROGRAM ENHANCED BORROWING AUTHORITY ACT OF 
                                  2006

  Mr. FRIST. Mr. President, I ask unanimous consent that the Senate 
proceed to the immediate consideration of S. 2275, introduced earlier 
today.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The legislative clerk read as follows:

       A bill (S. 2275) to temporarily increase the borrowing 
     authority of the Federal Emergency Management Agency for 
     carrying out the national flood insurance program.

  There being no objection, the Senate proceeded to consider the bill.
  Mr. FRIST. Mr. President, I ask unanimous consent that the bill be 
read a third time and passed, the motion to reconsider be laid upon the 
table, and that any statements relating to the bill be printed in the 
Record.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill (S. 2275) was read the third time and passed, as follows:

                                S. 2275

       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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