(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
National Flood Insurance Program Enhanced Borrowing Authority Act of 2005 - Amends the National Flood Insurance Act of 1968 to increase from $1.5 billion to $3.5 billion, through FY2008, the total amount which the Director of the Federal Emergency Management Agency (FEMA) may borrow from the Secretary of the Treasury with the President's approval to carry out the flood insurance program.
[109th Congress Public Law 65]
[From the U.S. Government Publishing Office]
[DOCID: f:publ065.109]
[[Page 119 STAT. 1998]]
Public Law 109-65
109th Congress
An Act
To temporarily increase the borrowing authority of the Federal Emergency
Management Agency for carrying out the national flood insurance
program. <<NOTE: Sept. 20, 2005 - [H.R. 3669]>>
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress <<NOTE: National Flood Insurance
Program Enhanced Borrowing Authority Act of 2005. 42 USC 4001
note.>> assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``National Flood Insurance Program
Enhanced Borrowing Authority Act of 2005''.
SEC. 2. INCREASE IN BORROWING AUTHORITY.
The first sentence of subsection (a) of section 1309 of the National
Flood Insurance Act of 1968 (42 U.S.C. 4016(a)) is amended by inserting
before the period at the end the following: ``; except that, through
September 30, 2008, clause (2) of this sentence shall be applied by
substituting `$3,500,000,000' for `$1,500,000,000' ''.
Approved September 20, 2005.
LEGISLATIVE HISTORY--H.R. 3669:
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CONGRESSIONAL RECORD, Vol. 151 (2005):
Sept. 8, considered and passed House.
Sept. 12, considered and passed Senate.
<all>
Referred to the House Committee on Financial Services.
Mr. Ney moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H7759-7763)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3669.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H7786)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 0 (Roll no. 461).(text: CR H7759)
Roll Call #461 (House)On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 0 (Roll no. 461). (text: CR H7759)
Roll Call #461 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Enacted as Public Law 109-65
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Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(consideration: CR S9941-9942)
Passed Senate without amendment by Unanimous Consent. (consideration: CR S9941-9942)
Cleared for White House.
Message on Senate action sent to the House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 109-65.
Became Public Law No: 109-65.