The text of the bill below is as of Nov 30, 2005 (Passed Congress).
Begun and held at the City of Washington on Tuesday,
the fourth day of January, two thousand and five
To temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the national flood insurance program.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `National Flood Insurance Program Further Enhanced Borrowing Authority Act of 2005'.
SEC. 2. INCREASE IN BORROWING AUTHORITY.
The first sentence of subsection (a) of section 1309 of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a)), as amended by the National Flood Insurance Program Enhanced Borrowing Authority Act of 2005 (Public Law 109-65; 119 Stat. 1998), is amended by striking `$3,500,000,000' and inserting `$18,500,000,000'.
SEC. 3. EMERGENCY SPENDING.
The amendment made under section 2 is designated as emergency spending, as provided under section 402 of H. Con. Res. 95 (109th Congress).
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.