S. 2862: Promoting Flood Risk Mitigation Act

115th Congress · introduced 2018-05-16 · Emergency Management · Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

Where it came from: introduced 2018-05-16 · official record
Who proposed it: Sen. Schatz, Brian [D-HI] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Promoting Flood Risk Mitigation Act

Plain summary

Promoting Flood Risk Mitigation Act This bill directs the Government Accountability Office (GAO) to conduct a study to assess: (1) the efficacy of practices or programs under which the Federal Emergency Management Agency (FEMA) provides assistance to state and local governments to acquire flood-damaged properties (buyout practices), and (2) ways to streamline the buyout practices. The study must consider and analyze certain factors, such as current and future trends regarding repetitive loss structures that are insured under the National Flood Insurance Program and constraints on buyout practices. The GAO shall submit to Congress and FEMA a report on the buyout practices study and the feasibility of FEMA establishing an alternative buyout program.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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What does this mean? (plain words)

Official text

Promoting Flood Risk Mitigation Act

Source: Congressional Research Service summary (Introduced in Senate)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Schatz, Brian [D-HI] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Tim Scott (R-SC)

Sponsor's campaign money: Sen. Schatz, Brian [D-HI] reported raising $1.8 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

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Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-115s2862.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/115/s>

Record fed-us-cong115-s2862 · catalog fed-us-congress-bills-cong115 · updated 2026-11-15 by psicol fed-bills-cong115