S721-118

Introduced

To permit policyholders under the National Flood Insurance Program to elect to have previous premium rates remain in effect until the Administrator of the Federal Emergency Management Agency satisfies certain conditions, and for other purposes.

118th Congress Introduced Mar 8, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill provides chargeable premium rates. It relies on definition changes, appropriations, reporting requirements, and compliance mandates. The main policy areas are Environmental Groups, Criminal Justice, Environment, and Finance.

Who Benefits and How

Homeowners, tenants, or housing market participants affected by the bill could face lower compliance burdens, Financial services firms and customers affected by the bill could face lower compliance burdens, and Environmental and public health interests affected by the bill could face lower compliance burdens.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.

Key Provisions

  • Provides chargeable premium rates.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill provides chargeable premium rates.

Key Policy Areas

Environmental Groups, Criminal Justice, Environment, Finance

Primary Purpose

The bill provides chargeable premium rates.

Policy Domains

Environmental Groups Criminal Justice Environment Finance

Whole bill

Identified Gains
  • Homeowners, tenants, or housing market participants affected by the bill
  • Financial services firms and customers affected by the bill
  • Environmental and public health interests affected by the bill
  • Disaster response agencies and disaster-affected communities
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Financial services firms and customers affected by the bill:
Disaster response agencies and disaster-affected communities:
Environmental and public health interests affected by the bill:
Homeowners, tenants, or housing market participants affected by the bill:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Mar 8, 2023

Mrs. Hyde-Smith (for herself, Mr. Cruz, Mr. Kennedy, and Mr. …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Environmental Groups Criminal Justice Environment Finance

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology