Summary

Extends the National Flood Insurance Program (NFIP) so FEMA can keep issuing and renewing policies and paying claims through September 30, 2025. It also extends the program’s financing authority to the same date. If this becomes law after March 14, 2025, the new dates are treated as if they took effect on March 14, 2025. It makes no other changes to premiums, flood maps, mitigation programs, or claims rules.

Key Points

• Extends NFIP authorization and financing to September 30, 2025.
• Includes a retroactive clause to treat the new dates as effective March 14, 2025 if enacted later.
• Prevents lapses in issuing/renewing policies and paying claims.
• Does not change rates, mapping, mitigation, or claims procedures.
• Contains no new spending, taxes, or program reforms—date changes only.
• Supports continuity for real estate transactions that require flood insurance.
• Keeps FEMA’s borrowing authority aligned with the extended program date.
• Affects policyholders nationwide in flood-prone communities, including coastal and inland areas.