Small Business Surcharge Relief Act
Summary
Small Business Surcharge Relief Act This bill partially exempts small businesses and nonprofit organizations from the Homeowner Flood Insurance Affordability Act (HFIAA) surcharge. The bill limits application of the HFIAA surcharge to two buildings on the same property, exempting additional buildings. The business or organization must certify that the savings will be used for flood mitigation on the property.
Bill status
in committee
1 of 4 stages cleared
Introduction
Aug 2021
Committee Review
Floor Vote
President
Introduced Aug 10, 2021
Last action Aug 10, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Aug 10, 2021
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Aug 10, 2021
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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