118th Congress · SENATE BILLBILL

S. 1039National Flood Insurance Program Consultant Accountability Act of 2023

A bill to authorize the Administrator of the Federal Emergency Management Agency to terminate certain contracts on the basis of detrimental conduct to the National Flood Insurance Program, and for other purposes.

Finance and financial sector
Introduced Mar 29, 2023
Last action Mar 29, 2023
Pipeline · Bill → Law
Step 1
Introduced
Mar 29, 2023
Step 2
Referred
Mar 29, 2023
Banking, Housing, and Urban Affairs
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill allows the Federal Emergency Management Agency (FEMA) to terminate certain contracts under the National Flood Insurance Program on the basis of detrimental conduct to the program by a covered entity (an attorney, law firm, consultant, or third-party company that provides certain services under the contract). Specifically, on such basis, FEMA may terminate a contract between a covered entity and a Write Your Own company (a property and casualty company that writes and services federal standard flood insurance policies in its own name). FEMA shall establish a process for a covered entity to appeal such a termination. Neither FEMA nor a Write Your Own company is required to make an...

Provisions · 2 sectionsIntroduced in Senate
Timeline · 2 actions
Mar 29, 2023
Introduced in Senate
Mar 29, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.