Latest Update: Friday, January, 16th 2009

To restore the financial solvency of the national flood insurance program and to provide for such program to make available multiperil coverage for damage resulting from windstorms and floods, and for other purposes. 5/13/2008--Passed Senate amended.    (There are 3 other summaries) Title I: Flood Insurance Reform and Modernization - Flood Insurance Reform and Modernization Act of 2008 - (Sec. 104) Amends the National Flood Insurance Act of 1968 (Act) to extend the national flood insurance program (Program) though FY2013. (Sec. 105) Requires the Director of the Federal Emergency Management Agency (FEMA) to make national flood insurance available for multifamily properties of more than four units to a maximum coverage equal to the coverage amount made available to commercial properties. (Sec. 106) Requires the FEMA Director to estimate the exclusion of certain prospective insureds from purchasing flood insurance at risk premium rates [...]

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Latest Actions
  • 07/10/2008 - Mr. Capuano moved that the House disagree to the Senate amendment, and request a conference.
  • 07/10/2008 - On motion that the House disagree to the Senate amendment, and request a conference Agreed to by voice vote. (consideration: CR H6355-6363, H6377-6378)
  • 07/10/2008 - Mr. Neugebauer moved that the House instruct conferees. (consideration: CR H6363; text: CR H6363)
  • 07/10/2008 - DEBATE - The House proceeded with one hour of debate on the Neugebauer motion to instruct conferees on H.R. 3121. The instructions contained in the motion seek to require the managers on the part of the House to the maximum extent possible within the scope of the conference, include in the conference agreement the provision in section 106 of the bill S. 2284.
  • 07/10/2008 - The previous question was ordered without objection. (consideration: CR H6363)

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