Flood Insurance Integrity Act of 2015
Sponsored By: Representative Bilirakis, Gus M. [R-FL-12]
Unknown
Summary
Flood Insurance Integrity Act of 2015 Directs the Government Accountability Office (GAO) to review every four years the rate tables established by the Federal Emergency Management Agency for implementing the national flood insurance program under the National Flood Insurance Act of 1968, and determine whether: (1) the chargeable premium rates for flood insurance coverage determined by those tables are actuarially sound, based on standard actuarial practices used in the private sector; and (2) such chargeable premium rates are sufficient to ensure the long-term financial sustainability of the national flood insurance program. Directs GAO to review annually the process for establishing and updating flood insurance rate maps and determine the degree of accuracy of the mapping process.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Bilirakis, Gus M. [R-FL-12]
FL • R
Cosponsors
Rep. Esty, Elizabeth H. [D-CT-5]
CT • D
Sponsored 7/29/2015
Rep. Jolly, David W. [R-FL-13]
FL • R
Sponsored 7/29/2015
Roll Call Votes
No roll call votes available for this bill.
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