Bill Sponsor
House Bill 470
116th Congress(2019-2020)
To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas, and for other purposes.
Introduced
Introduced
Introduced in House on Jan 10, 2019
Overview
Text
Introduced
Jan 10, 2019
Latest Action
Jan 10, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
470
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Missouri
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

This bill limits the required purchase of flood insurance in certain circumstances to only residential properties (currently, the requirement applies to all types of property).

Text (1)
January 10, 2019
Actions (2)
01/10/2019
Referred to the House Committee on Financial Services.
01/10/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 1:49:17 PM