To temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the National Flood Insurance Program.
Committees
House Budget Committee
Bill Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the National Flood Insurance Act of 1968 to increase from $20.725 billion to $30.425 billion the total amount of notes and obligations (federal borrowing authority) which may be issued by the Administrator of the Federal Emergency Management Agency (FEMA), with the President's approval, for the National Flood Insurance program. Designates such increase as an emergency requirement under the the Statutory Pay-As-You-Go Act of 2010.
To temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the National Flood Insurance Program.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Amends the National Flood Insurance Act of 1968 to increase from $20.725 billion to $30.425 billion the total amount of notes and obligations (federal borrowing authority) which may be issued by the Administrator of the Federal Emergency Management Agency (FEMA), with the President's approval, for the National Flood Insurance program. Designates such increase as an emergency requirement under the the Statutory Pay-As-You-Go Act of 2010.