National Flood Insurance Program Affordability Act
To establish a means-tested assistance program for national flood insurance program policyholders, and for other purposes.
HB6934, also known as the National Flood Insurance Program Affordability Act, aims to create a support program for people with national flood insurance policies. This program will help those who find it hard to afford their flood insurance by offering financial assistance based on their income level. This means that those with lower incomes will receive more help than those with higher incomes.
This bill will affect people who have flood insurance policies, particularly those who struggle to pay for their coverage. By offering financial support, the bill seeks to make flood insurance more accessible and affordable for a wider range of people. The intended beneficiaries are primarily those who live in flood-prone areas and need insurance to protect their homes and properties.
HB6934 was introduced on December 30, 2025, and has been referred to the House Committee on Financial Services for further review. This is the first step in the legislative process, where the bill will be examined in detail and possibly modified before moving forward. The bill is currently under review, and no further actions have been taken yet.
