Biggert–Waters Flood Insurance Reform Act of 2012

URI: https://gptkb.org/entity/Biggert–Waters_Flood_Insurance_Reform_Act_of_2012
GPTKB entity
Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:affects gptkb:National_Flood_Insurance_Program
gptkbp:amendedBy gptkb:Homeowner_Flood_Insurance_Affordability_Act_of_2014
gptkb:National_Flood_Insurance_Act_of_1968
gptkbp:controversy led to complaints about rising insurance costs
gptkbp:dateEnacted 2012-07-06
gptkbp:effect increased premiums for some policyholders
phased out certain subsidies for flood insurance
required updating of flood maps
gptkbp:enactedBy gptkb:United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label Biggert–Waters Flood Insurance Reform Act of 2012
gptkbp:publicLawNumber gptkb:Public_Law_112-141,_Title_II
gptkbp:purpose make the National Flood Insurance Program more financially stable
increase flood insurance rates to reflect true risk
reform the National Flood Insurance Program
gptkbp:section gptkb:Moving_Ahead_for_Progress_in_the_21st_Century_Act_(MAP-21)
gptkbp:shortName gptkb:Biggert–Waters_Act
gptkbp:signedBy gptkb:Barack_Obama
gptkbp:sponsor gptkb:Maxine_Waters
gptkb:Judy_Biggert
gptkbp:title gptkb:Biggert–Waters_Flood_Insurance_Reform_Act_of_2012
gptkbp:bfsParent gptkb:National_Flood_Insurance_Program
gptkbp:bfsLayer 5