NFIP Extension Act

Summary

Extends the National Flood Insurance Program's authority to issue notes and obligations and keeps the program legally authorized to write new flood insurance contracts through September 30, 2026. If the law is enacted after September 30, 2025, the new dates are applied retroactively to avoid a coverage or authority gap. The bill does not change program rules, benefits, or funding levels; it only updates the expiration dates so the NFIP can continue operating and borrowing under existing law through the extended deadline.

• Extends NFIP authority to issue notes and obligations through Sept 30, 2026.
• Extends the deadline to enter new NFIP flood insurance contracts through Sept 30, 2026.
• If enacted after Sept 30, 2025, the date changes are retroactive to Sept 30, 2025 to avoid gaps.
• Does not change policy rules, premiums, mapping, or other program details—only expiration dates.
• Helps prevent a lapse in NFIP operations and protects access to federally backed flood insurance.
• Maintains federal borrowing authority tied to the NFIP without adding new appropriations.
• Mainly preserves the status quo while Congress considers longer-term NFIP reforms.