- EnactedJanuary 6th, 2013The President signed this bill into law
- The senate Passed January 4th, 2013Passed by Voice Vote
- The house Passed January 4th, 2013Roll Call Vote 354 Yea / 67 Nay
Committee on Financial ServicesCommittee on the BudgetIntroducedJanuary 3rd, 2013
- house Committees
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To temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the National Flood Insurance Program.
Amends the National Flood Insurance Act of 1968 to increase from $20.725 billion to $30.425 billion the total amount of notes and obligations (federal borrowing authority) which may be issued by the Administrator of the Federal Emergency Management Agency (FEMA), with the President's approval, for the National Flood Insurance program. Designates such increase as an emergency requirement under the the Statutory Pay-As-You-Go Act of 2010.