Sponsors (6)
The bill preserves uninterrupted flood insurance coverage and program operations for current policyholders and communities, while trading off the ability of new buyers to enroll, locking in existing funding/borrowing limits (with fiscal risk), and reducing near-term congressional leverage for reforms, with some retroactive legal uncertainty.
Homeowners and renters with existing NFIP policies keep continuous coverage, claims payments, and policy servicing during the automatic extension.
Taxpayers and local governments: NFIP funding, appropriation authority, and borrowing limits remain available at current levels during the extension, preventing immediate disruption to flood insurance operations.
Participating insurers, financial institutions, and communities avoid sudden coverage gaps that could destabilize housing markets and slow reconstruction after floods.
Taxpayers: Preserving prior dollar amounts and borrowing limits during the extension may lock in outdated funding levels and raise fiscal risk if program costs increase.
Homebuyers, homeowners, and renters seeking new NFIP policies: No new NFIP contracts can be entered into after Sept 30, 2023, which may prevent new buyers from obtaining standard flood insurance coverage.
Taxpayers and local governments: The automatic extension reduces congressional leverage to negotiate long-term NFIP reforms before authorities continue by default, delaying policy changes.
Based on analysis of 2 sections of legislative text.
Automatically extends core NFIP authorities and preserves funding/borrowing terms until the end of the fiscal year after a defined terminal fiscal year unless Congress acts.
Introduced December 10, 2025 by Troy Carter · Last progress December 10, 2025
Creates a contingent automatic-extension regime so the National Flood Insurance Program (NFIP) cannot lapse at a fixed date. Core NFIP authorities—issuing and renewing policies, maintaining coverage, paying claims, servicing policies, operating the program, and related borrowing/appropriation authorities—are automatically extended through the last day of the fiscal year following a defined “terminal” fiscal year unless Congress enacts a law before the termination date to change that. The extension preserves dollar amounts, rates, terms, and conditions that existed immediately before the termination date, excludes expressly time-limited pilots/studies/commissions, and takes effect retroactively on September 30, 2025.