To amend the National Flood Insurance Act of 1968 to provide that, under the national flood insurance program, payment for a flood insurance claim for substantial damage incurred by a structure shall include amounts for 75 percent of the cost of elevating the structure to the height necessary to comply with the requirements for continued flood insurance coverage.
Flood Elevation Reimbursement Act of 1993 - Amends the National Flood Insurance Act of 1968 to provide coverage of elevation costs for certain flood-damaged structures under the national flood insurance program, including retroactive payments.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Consumer Credit and Insurance.
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