The National Flood Insurance Program Extension Act of 2023 aims to extend the National Flood Insurance Program (NFIP). The bill seeks to provide continued access to affordable flood insurance for property owners in flood-prone areas. It includes provisions for program reauthorization, premium rates, coverage limits, and mitigation efforts to reduce flood risks. The main impact of this bill is ensuring the stability and availability of flood insurance coverage for individuals and communities vulnerable to flooding events.
2023-03-07: Introduced in House
2023-03-07: Referred to the House Committee on Financial Services.
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