H.R. 2874: 21st Century Flood Reform Act

Author's Summary:  To achieve reforms to improve the financial stability of the National Flood Insurance Program, to enhance the development of more accurate estimates of flood risk through new technology and better maps, to increase the role of private markets in the management of flood insurance risks, and to provide for alternative methods to insure against flood peril, and for other purposes.

IB Summary:  From Business Insurance: This bill "aims to improve the financial stability of the [National Flood Insurance] program, increase the role of private markets in the management of flood insurance risks and provide for alternative methods to insure against flood peril."

Status: On House schedule as of 11/3/2017.

Links: https://www.govtrack.us/congress/bills/115/hr2874