House Bill 830
116th Congress(2019-2020)
Flood Insurance for Farmers Act of 2019
Introduced
Introduced in House on Jan 29, 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
830
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.
No House votes have been held for this bill.
Summary
Flood Insurance for Farmers Act of 2019
This bill modifies coverage requirements under the National Flood Insurance Program (NFIP). The bill allows certain local variances from compliance with elevation and flood-proofing requirements for agricultural structures located in special flood hazard zones. The chargeable premium rate for coverage of a structure given a variance shall be the same as would otherwise apply if the structure had been dry floodproofed.
The bill allows for alternative maps and risk-based rates for NFIP coverage in certain areas where levees fail to meet specified minimum standards.
January 29, 2019
01/29/2019
Referred to the House Committee on Financial Services.
01/29/2019
Sponsor introductory remarks on measure. (CR E102)
01/29/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 3:02:55 PM