HR 3417 · 117th Congress

Taxpayer Exposure Mitigation Act

<p><b>Taxpayer Exposure Mitigation Act </b></p> <p>This bill requires the Federal Emergency Management Agency (FEMA) to annually transfer a portion of the risk from the National Flood Insurance Program (NFIP) to private reinsurance or capital markets. The amount of transferred risk must be based on a probable maxim…

Sponsor

Luetkemeyer, Blaine (R-MO)

Introduced

2021-05-20

Policy area

Finance and Financial Sector

Latest action

Referred to the House Committee on Financial Services.