Sponsors (10)
The bill preserves near-term NFIP coverage and liquidity through Nov 21, 2025, avoiding immediate disruption, but it delays decisions on long-term reform and keeps federal fiscal exposure to flood losses.
Homeowners and property owners can continue to buy National Flood Insurance Program (NFIP) policies through Nov 21, 2025, preserving access to federally-backed flood coverage and avoiding immediate disruption in insurance availability.
FEMA may keep issuing notes and obligations up to existing statutory borrowing ceilings through Nov 21, 2025, maintaining NFIP liquidity so claims can be paid and operations can continue without a cash shortfall.
Homeowners, insurers, and taxpayers face postponed clarity on long-term NFIP reform (including future premiums, mapping, and program structure) because extending authority delays decisions on comprehensive changes.
Taxpayers remain exposed to continued federal flood-related debt as NFIP borrowing authority is extended, which could increase fiscal pressure if future flood losses grow.
Based on analysis of 2 sections of legislative text.
Replaces two statutory Sept. 30, 2023 deadlines in the National Flood Insurance Act with Nov. 21, 2025 to extend program authorities and contract entry.
Official title: To extend the National Flood Insurance Program through November 21, 2025.
Introduced September 26, 2025 by Mike Ezell · Last progress September 26, 2025
Extends two expiration and authority dates in the National Flood Insurance Act of 1968 from September 30, 2023 to November 21, 2025. The change allows the Administrator to continue issuing obligations under the statutory ceilings and allows new flood insurance contracts to be entered into for the extended period.