Summary: H.R.4866 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.4866. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/23/2016)

Flood Insurance Rate Increase Suspension Act of 2016

This bill bars from taking effect for a 12-month period any increases in mandatory chargeable risk premium rates for flood insurance coverage under the National Flood Insurance Act of 1968.

Beginning upon the expiration of the 12-month period, the increases in chargeable risk premium rates shall be made on a yearly basis.