Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jan 8, 2003
Two Floods and You Are Out of the Taxpayers' Pocket Act of 2003 - Amends the National Flood Insurance Act of 1968 to require the Director of the Federal Emergency Management Agency, in awarding grants for mitigation activities, to give priority to properties for which repetitive flood insurance claim payments (as specified by this Act) have been made. Authorizes the Director to waive mitigation assistance limits when the State or community has repetitive insurance claims properties and such waiver is cost-effective and in the best interests of the National Flood Insurance Fund.Increases amounts credited to the National Flood Mitigation Fund from the National Flood Insurance Fund, such amounts to be used only for repetitive insurance claims properties.Extends through FY 2007 the authority to enter into flood insurance contracts and the authorization of appropriations for the national flood insurance program.Provides chargeable national flood insurance premium rates for: (1) repetitive insurance claims properties; and (2) certain coastal and river properties leased from the Government. Authorizes annual premium increases with respect to such properties.Amends the National Flood Insurance Reform Act of 1994 to prohibit Federal disaster relief assistance from being used for repair, replacement, or restoration of any property in the area for which: (1) repetitive claim payments have been made; and (2) Federal mitigation assistance has been offered to, but refused by, the property owner.Authorizes the Director to provide for funding for mitigation actions that reduce flood damages to repetitive insurance claims properties, under certain conditions. Provides funding for such assistance from the National Flood Insurance Fund.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Received in the Senate.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 352 - 67 (Roll no. 655). (text: CR H11833-11835)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 352 - 67 (Roll no. 655).(text: CR H11833-11835)
Considered as unfinished business. (consideration: CR H11844)
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
DEBATE - The House proceeded with forty minutes of debate on H.R. 253.
Considered under suspension of the rules. (consideration: CR H11833-11842)
Mr. Ney moved to suspend the rules and pass the bill, as amended.
Placed on the Union Calendar, Calendar No. 152.
Reported (Amended) by the Committee on Financial Services. H. Rept. 108-266.
Reported (Amended) by the Committee on Financial Services. H. Rept. 108-266.
Ordered to be Reported (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Subcommittee on Housing and Community Opportunity Discharged.
Referred to the Subcommittee on Housing and Community Opportunity.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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