To direct the Administrator of the Federal Emergency Management Agency to allow certain recipients of the Flood Mitigation Assistance Grant, and other grants, to be used for the payment of premiums for a community-based, parametric flood insurance policy, and for other purposes.
See how your representatives voted on this bill.
DeepSyte matches this bill to the issues you care about and shows whether your reps' votes line up — not party, not press releases. Take the 2-minute values quiz to see your alignment.
Alignment with your views
Sign in and take the values quiz to see how this bill lines up with what you've said.
Summary
Based on the bill's title, this legislation would direct the Federal Emergency Management Agency (FEMA) to permit recipients of Flood Mitigation Assistance Grants and certain other federal grants to use those funds to pay premiums for community-based parametric flood insurance policies. Parametric insurance pays out based on predetermined triggers (such as rainfall or flood severity) rather than actual losses. The bill appears designed to expand the use of federal flood mitigation funding to include this alternative insurance mechanism.
Values analysis
Sign in and take the values quiz to get a personalized read on how this bill lines up with your positions.
How your representatives voted
Sign in to see how your representatives voted on this bill.