H.R. 5961
Flood Insurance for Farmers Act of 2025
Sponsor: Doug LaMalfa
4 cosponsors
Official summary
No official summary yet.
Text of the bill
(a) In general. Subsection (b) of section 1306 of the National Flood Insurance Act of 1968 (42 U.S.C. 4013(b)), is amended—
(1) in paragraph (4), by striking and at the end;
(2) in paragraph (5), by striking the period at the end and inserting ; and; and
(3) by adding at the end the following new paragraph:
(6) the Administrator may provide that, in the case of any commercial property or other residential property, including multifamily rental property and agricultural property, one umbrella policy be made available to every insured upon renewal and every applicant with multiple structures on the same property, except that—
(A) purchase of such coverage shall be at the option of the insured; and
(B) any such coverage shall be made available only at chargeable rates that are not less than the estimated premium rates for such coverage determined in accordance with section 1307(a)(1).
(b) Report to Congress. Not later than the expiration of the 5-year period beginning on the date of the enactment of this Act, the Administrator of the Federal Emergency Management Agency shall submit to the Congress a report evaluating the implementation of section 1306(b)(6) of the National Flood Insurance Act of 1968, as added by the amendments made by subsection (a) of this section.