S.2275 - National Flood Insurance Program Enhanced Borrowing Authority Act of 2006109th Congress (2005-2006)
|Sponsor:||Sen. Shelby, Richard C. [R-AL] (Introduced 02/10/2006)|
|Latest Action:||03/23/2006 Became Public Law No: 109-208. (TXT | PDF) (All Actions)|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- Resolving Differences
- To President
- Became Law
Summary: S.2275 — 109th Congress (2005-2006)All Information (Except Text)
Public Law No: 109-208 (03/23/2006)
(This measure has not been amended since it was passed by the House on February 15, 2006. The summary of that version is repeated here.)
National Flood Insurance Program Enhanced Borrowing Authority Act of 2006 - Amends the National Flood Insurance Act of 1968 to increase from $18.5 billion to $20.775 billion, through FY2008, the total amount which the Director of the Federal Emergency Management Agency (FEMA) may borrow from the Secretary of the Treasury with the President's approval to carry out the flood insurance program.
Designates such funds as emergency spending.