# 117-hr-7643: FAITH Act of 2022

117-hr-7643, FAITH Act of 2022, is a 117th Congress bill sponsored by Rep. Crist, Charlie [D-FL-13] (D-FL); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/117-hr-7643
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-hr-7643
- Congress: 117
- Title: FAITH Act of 2022
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2022-05-03
- Sponsor: Rep. Crist, Charlie [D-FL-13] (D-FL)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Fueling Affordable Insurance for Today's Homeowners Act of 2022 or the FAITH Act of 2022 This bill establishes the Natural Disaster Risk Reinsurance Program within the Department of the Treasury. States may voluntarily participate in the program. The program provides payments to states for damages from a natural disaster not covered by the National Flood Insurance Program for amounts in excess of trigger amounts. These trigger amounts are calculated by the National Academy of Sciences. States must present a plan that ensures the coverage of losses by insurers not exceeding the trigger amount. States must also pledge to repay the full amount provided by the program within 10 years.

## Cosponsors (3)

- Rep. Demings, Val Butler [D-FL-10] (D-FL), 2022-08-19T00:00:00.000Z
- Rep. Soto, Darren [D-FL-9] (D-FL), 2022-08-19T00:00:00.000Z
- Rep. Lawson, Al, Jr. [D-FL-5] (D-FL), 2022-08-19T00:00:00.000Z

## Related bills

- 117-hr-5313: Reese's Law
- 117-hr-3537: Accelerating Access to Critical Therapies for ALS Act
- 117-hr-263: Big Cat Public Safety Act
- 117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doherty, Tyrone Woods, J. Christopher Stevens, and Sean Smith, in recognition of thei…
- 117-hr-8404: Respect for Marriage Act
- 117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act

## Sources
- [117-hr-7643 on Congress.gov](https://www.congress.gov/bill/117th-congress/house-bill/7643)

## Related
- [117-hr-5313: Reese's Law](https://policyrisk.com/legislation/117-hr-5313)
- [117-hr-3537: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/117-hr-3537)
- [117-hr-263: Big Cat Public Safety Act](https://policyrisk.com/legislation/117-hr-263)
- [117-hr-310: To posthumously award the Congressional Gold Medal, collectively, to Glen Doher…](https://policyrisk.com/legislation/117-hr-310)
- [117-hr-8404: Respect for Marriage Act](https://policyrisk.com/legislation/117-hr-8404)
- [117-hr-1842: Harriet Tubman Bicentennial Commemorative Coin Act](https://policyrisk.com/legislation/117-hr-1842)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-hr-7643 (as of 2025-11-18).