H.R. 41: To temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the Natio...
CBO Score
$9.7 billion
Documentation
Date of Report
Fri January 4th, 2013
CBO Report Details
Legislation Details
113th Congress
To temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the National Flood Insurance Program.
Sponsor: Rep. Scott Garrett — R — NJ
Amends the National Flood Insurance Act of 1968 to increase from $20.725 billion to $30.425 billion the total amount of notes and obligations (federal borrowing authority) which may be issued by the Administrator of the Federal Emergency Management Agency (FEMA), with the President's approval, for the National Flood Insurance program. Designates such increase as an emergency requirement under the the Statutory Pay-As-You-Go Act of 2010.
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