Sponsors (7)
This short-term extension keeps flood insurance coverage and FEMA funding authority in place to prevent immediate policy lapses and ensure claims are paid, but it delays comprehensive NFIP reforms and maintains taxpayer exposure to program debt.
Homeowners and other NFIP policyholders in flood-prone areas retain access to federally backed flood insurance and avoid immediate lapses in coverage through September 30, 2026.
FEMA keeps authority to finance NFIP operations through September 30, 2026, supporting continued claim payments and short-term program stability.
A retroactive effective date preserves coverage and funding continuity for claims and policies going back to January 30, 2026 if enactment is delayed, protecting people with events in that gap period.
Extending NFIP financing without substantive reforms keeps taxpayers exposed to program debt if premiums and reserves remain insufficient to cover future claims.
A short-term extension postpones consideration of long-term NFIP reforms (such as pricing and mapping), prolonging uncertainty for property owners about future rates and coverage rules.
Based on analysis of 2 sections of legislative text.
Extends the NFIP's statutory expiration and financing authorization dates from Sept 30, 2023 to Sept 30, 2026, with retroactivity to Jan 30, 2026 if enacted later.
Extends the statutory expiration and financing authorization dates for the National Flood Insurance Program (NFIP) from September 30, 2023 to September 30, 2026, with a retroactive effective date to January 30, 2026 if the law is enacted after that date. One provision in the bill only provides a short title and does not change program rules or funding levels.
Introduced September 26, 2025 by Andrew R. Garbarino · Last progress September 26, 2025