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Titles (1)

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the National Flood Insurance Act of 1968 to modify the phase-in increases in flood insurance premium rates for certain properties, and for other purposes.


Actions Overview (1)

Date Actions Overview
04/11/2013Introduced in House

All Actions (2)

Date All Actions
04/11/2013Referred to the House Committee on Financial Services.
Action By: House of Representatives
04/11/2013Introduced in House
Action By: House of Representatives

Cosponsors (18)


Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services04/11/2013 Referred to

No related bill information was received for H.R.1485.


Subjects (3)


Latest Summary (1)

There is one summary for H.R.1485. View summaries

Shown Here:
Introduced in House (04/11/2013)

Amends the National Flood Insurance Act of 1968 to authorize the Administrator of the Federal Emergency Management Agency (FEMA) to provide flood insurance to certain prospective insureds at rates less than certain statutory estimates.

Increases by 12.5% each year the chargeable risk premium rates for flood insurance for business property and for residential property which is not the primary residence of an individual until the average risk premium rate for such properties is equal to the average of the risk premium rates for specified other properties.

Increases by 12.5% each year the chargeable risk premium rates for flood insurance for primary residences purchased after the enactment of the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters [enacted July 6, 2012]) as if such increase began on the date of such enactment, until the average risk premium rate for such primary residences is equal to the average of the risk premium rates for specified other properties.

Requires the FEMA Administrator to adjust the chargeable risk premium rates for flood insurance, for properties subject to such 12.5% increase, as if the amendments made by this Act were enacted at the same time as Biggert-Waters.