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118-s-2108Committee
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Flood Insurance Transparency Act of 2023

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Summary

Official CRS summary

This bill requires the Federal Emergency Management Agency (FEMA) make publicly available all data, models, assessments, analytical tools, and other information relating to the National Flood Insurance Program that is used in assessing flood risk or identifying and establishing flood elevations and premiums. This includes data relating to the risks of individual properties, loss ratio information, and current and historical policy and claims information. To accomplish this, FEMA must establish an open source data system through which all such information may be electronically accessed by the public. Further, FEMA must establish a public database that provides information regarding each community participating in the program.

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Bill details

Congress
118
Bill type
s
Introduced
June 22, 2023
Sponsor
Not yet available
Last action
June 22, 2023— Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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