Sponsors (6)
The bill keeps flood insurance coverage and program operations running for existing policyholders and communities, but it pauses new enrollments, locks in existing funding/borrowing terms, and risks delaying reforms and creating fiscal and legal uncertainty.
Existing homeowners and renters with NFIP policies keep active coverage, can file and receive claims payments, and have uninterrupted policy servicing during the automatic extension.
NFIP funding authority, appropriations availability, and borrowing limits remain in force during the extension so the program can continue paying claims and operating without an immediate funding gap.
Participating insurers, lenders, and flood-affected communities avoid sudden coverage gaps that could disrupt housing markets and slow reconstruction after floods.
Taxpayers may face fiscal risk because the extension preserves prior dollar amounts and borrowing limits, potentially locking in outdated funding levels if program costs rise.
Homebuyers and renters seeking new NFIP coverage after Sept 30, 2023 may be unable to obtain standard NFIP contracts during the extension, leaving some purchasers without flood insurance options.
The retroactive effective date (Sept 30, 2025) could create legal uncertainty about actions and coverage between the program's prior expiration and enactment, complicating claims and insurer responsibilities.
Based on analysis of 2 sections of legislative text.
Replaces a fixed NFIP expiration with an automatic-extension so core program authorities and prior appropriations continue until the end of the fiscal year after the terminal fiscal year unless Congress acts.
Official title: To amend the National Flood Insurance Act of 1968 to provide for the automatic contingent extension of the National Flood Insurance Program, and for other purposes.
Introduced December 10, 2025 by Troy Carter · Last progress December 10, 2025
Creates a contingent automatic-extension for the National Flood Insurance Program (NFIP) so core NFIP authorities (issuing and renewing policies, paying claims, servicing policies, and operating the program) continue without a new law before the termination date. It replaces a fixed statutory expiration with a rule that automatically extends existing authorities and appropriations through the last day of the fiscal year after the defined terminal fiscal year, preserves existing dollar amounts/terms during the extension, excludes expressly time-limited pilots/studies, and is retroactively effective September 30, 2025.