Flood Insurance Fairness Act
This bill prohibits the Federal Emergency Management Agency (FEMA) from adjusting the premium rate of flood insurance issued under the National Flood Insurance Program. Under current law, FEMA has statutory authority to set premium rates subject to certain limitations on annual increases.
To restrict the ability of the Administrator of the Federal Emergency 
  Management Agency to adjust the rates for flood insurance coverage 
  under the National Flood Insurance Program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Flood Insurance Fairness Act''.

SEC. 2. CHARGEABLE PREMIUM RATES.

    Notwithstanding any other provision of law, including section 1308 
of the National Flood Insurance Act of 1968 (42 U.S.C. 4015), with 
respect to the chargeable premium rates described in subsection (a)(1) 
of that section, as in effect on the date of enactment of this Act, the 
Administrator of the Federal Emergency Management Agency may not adjust 
those rates unless a duly enacted law of the United States enacted 
after the date of enactment of this Act provides the Administrator with 
that authority.
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Flood Insurance Fairness Act
To restrict the ability of the Administrator of the Federal Emergency Management Agency to adjust the rates for flood insurance coverage under the National Flood Insurance Program, and for other purposes.
Flood Insurance Fairness Act
Rep. Gimenez, Carlos A.