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To extend the National Flood Insurance Program to May 31, 2011.
Amends the National Flood Insurance Act of 1968 to extend the National Flood Insurance Program (Program) from September 30, 2008, through May 31, 2011. Extends through May 31, 2011, the increased total amount of notes and obligations which the Director of FEMA may, with the approval of the President, issue to finance the Program.