About the bill
H.R. 2874 reauthorizes the National Flood Insurance Program (NFIP) for five years, introduces private market competition, and provides programmatic reform to help policyholders. An amendment in the nature of a substitute combines the amended text of H.R. 2874 with six additional Financial Services Committee reported NFIP bills: H.R. 1422, H.R. 1558, H.R. 2246, H.R. 2565, H.R. 2868, and H.R. 2875. High level provisions of the bill include:
- Reauthorizes the NFIP for 5 years
- Gives property owners more flexibility by ensuring there is a robust private market for flood insurance
- Requires mitigation funding be prioritized for properties that have experienced repeated flood losses
- Improves mapping technology to ensure policies are based on accurate information
- Requires increased transparency, details, and risk exposure to be ...
Sponsor and status
Sponsor. Representative for Wisconsin's 7th congressional district. Republican.
Last Updated: Nov 15, 2017
Length: 156 pages
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on November 14, 2017 but was never passed by the Senate.
What legislators are saying
What stakeholders are saying
H.R. 2874 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 2874. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2020). H.R. 2874 — 115th Congress: 21st Century Flood Reform Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr2874
“H.R. 2874 — 115th Congress: 21st Century Flood Reform Act.” www.GovTrack.us. 2017. October 28, 2020 <https://www.govtrack.us/congress/bills/115/hr2874>
21st Century Flood Reform Act, H.R. 2874, 115th Cong. (2017).
|title=H.R. 2874 (115th)
|accessdate=October 28, 2020
|author=115th Congress (2017)
|date=June 12, 2017
|quote=21st Century Flood Reform Act
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