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H.R. 6104 (114th): Timely Payments for Flood Victims Act of 2016


The text of the bill below is as of Sep 21, 2016 (Introduced). The bill was not enacted into law.


I

114th CONGRESS

2d Session

H. R. 6104

IN THE HOUSE OF REPRESENTATIVES

September 21, 2016

(for himself, Mr. Boustany, Mr. Richmond, and Mr. Abraham) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To establish a deadline for approval of claims made under the National Flood Insurance Program, and for other purposes.

1.

Short title

This Act may be cited as the Timely Payments for Flood Victims Act of 2016.

2.

Deadline for approval of claims

(a)

In general

Section 1312 of the National Flood Insurance Act of 1968 (42 U.S.C. 4019) is amended—

(1)

in subsection (a), by striking The Administrator and inserting Subject to other provisions of this section, the Administrator; and

(2)

by adding at the end the following new subsection:

(d)

Deadline for approval of claims

(1)

In general

The Administrator shall provide that, in the case of any claim for damage to or loss of property under flood insurance coverage made available under this title, a final determination regarding approval of a claim for payment or disapproval of the claim be made, and notification of such determination be provided to the insured making such claim, not later than the expiration of the 30-day period (as such period may be extended pursuant to paragraph (2)) beginning upon the day on which such claim was made. Payment of approved claims shall be made as soon as possible after such approval.

(2)

Extension of deadline

The Administrator shall provide that the period referred to in paragraph (1) may be extended by a single additional period of 15 days in cases where extraordinary circumstances are demonstrated. The Administrator shall, by regulation, establish criteria for demonstrating such extraordinary circumstances and for determining to which claims such extraordinary circumstances apply.

.

(b)

Applicability

The amendments made by subsection (a) shall apply to any claim under flood insurance coverage made available under the National Flood Insurance Act of 1968 (42 U.S.C. 4001 et seq.) pending on the date of the enactment of this Act and any claims made after such date of enactment.