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S. 1679 - Flood Insurance Market Parity and Modernization Act

Finance and financial sector. 114th Congress (2015-2016) View bill details
Sponsor:
Summary:
A bill to amend the Flood Disaster Protection Act of 1973 to require that certain buildings and personal property be covered by flood insurance, and for other purposes. (by CRS) 
Status:
The bill has been referred to committee. 
There have been no votes on this bill.

Flood Insurance Market Parity and Modernization Act

S. 1679 — 114th Congress (2015–2016)

Summary
A bill to amend the Flood Disaster Protection Act of 1973 to require that certain buildings and personal property be covered by flood insurance, and for other purposes. (by CRS)
Learn More
At OpenCongress
Title
A bill to amend the Flood Disaster Protection Act of 1973 to require that certain buildings and personal property be covered by flood insurance, and for other purposes.
Other Titles
  • Flood Insurance Market Parity and Modernization Act
  • Flood Insurance Market Parity and Modernization Act
Sponsor
Dean Heller
Co-Sponsors
Subjects
  • Finance and financial sector
  • American Samoa
  • Caribbean area
  • Disaster relief and insurance
  • Floods and storm protection
  • Housing finance and home ownership
  • Northern Mariana Islands
  • Puerto Rico
  • Virgin Islands
Related Bills
Major Actions
Introduced6/25/2015
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced6/25/2015
6/25/2015Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
6/25/2015Introduced in Senate
6/30/2016Committee on Small Business and Entrepreneurship. Hearings held.
9/13/2016Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-451.
NumberSponsorDate OfferedStatus

Average contributions given to Senators from interest groups that…

supported this bill

Real estate
Republican/Conservative
Commercial banks & bank holding companies
Insurance companies, brokers & agents
Environmental policy
Finance, Insurance & Real Estate
Property & casualty insurance
Mortgage bankers and brokers
Insurance
Health & welfare policy
Energy, Natural Resources and Environment
Fiscal & tax policy
Consumer groups (split)
Average given to Senators who voted:
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
YES$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
NO$0

opposed this bill

Civil servant/public employee
Consumer groups (split)
Average given to Senators who voted:
$0
YES$0
$0
NO$0
35 Organizations Supported and 2 Opposed; See Which Ones
35 Organizations Supported and 2 Opposed; See Which Ones

Organizations that took a position on
Flood Insurance Market Parity and Modernization Act

35 organizations supported this bill

Allianz of America
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
American Bankers Association
Ballentine, James C. & McKechnie, J. Kevin A. (2015, July 7). Support for S. 1679/HR 2901, the Flood Insurance Market Parity and Modernization Act. Retrieved July 8, 2015, from ABA.
American Insurance Association
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
American Rivers
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Association of Bermuda Insurers and Reinsurers
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Center for Climate and Energy Solutions
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Ceres, Inc.
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Chubb Corporation
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Coalition to Reduce Spending
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
ConservAmerica
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Council of Insurance Agents & Brokers
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
Defenders of Wildlife
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Financial Services Roundtable
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
Independent Insurance Agents & Brokers of America
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
Liberty Mutual Insurance Group
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Mortgage Bankers Association
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
National Association of Insurance Commissioners
Lindeen, Monica J. (2015, June 29). NAIC Supports Flood Bill. Retrieved July 2, 2015, from NAIC.
National Association of Mutual Insurance Companies
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
National Association of Professional Insurance Agents
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
National Association of Professional Surplus Lines Offices
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
National Fire Protection Association
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
National Flood Determination Association
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
National Housing Conference
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
national leased housing association
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
National Wildlife Federation
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Natural Hazard Mitigation Association
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Natural Resources Defense Council
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Property Casualty Insurers Association of America
Property Casualty Insurers Association of America (2015, June 25). PCI Applauds Introduction of the Flood Insurance Market Parity and Modernization Act. Retrieved July 2, 2015, from PCI.
R Street Institute
Roeberg, Nicole (2015, June 25). R Street Welcomes Bipartisan Bills to Encourage Private Flood Insurance. Retrieved July 2, 2015, from R Street.
Reinsurance Association of America
Undersigned organizations (2015, September 29). Re: Flood Insurance Market Parity and Modernization Act (S. 1679/HR. 2901). Retrieved January 4, 2016, from Independent Agent Magazine.
Sierra Club
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Swiss Re
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Taxpayers for Common Sense
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
Taxpayers Protection Alliance
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.
United Services Automobile Association (USAA)
SmarterSafer.org (2015, July 21). SmarterSafer Coalition Supports Private Market Flood Insurance Bill. Retrieved January 20, 2016, from National Housing Conference.

2 organizations opposed this bill

Association of State Floodplain Managers
Richter, E. Stuart & Whitlock, P. Kay (2016, July 12). Re: S. 1679 (H.R. 2901) Flood Insurance Market Parity and Modernization Act Action: OPPOSE UNLESS AMENDED. Retrieved October 26, 2016, from Association of State Floodplain Managers.
Consumer Federation of America
Consumer Federation of America (2016, June 13). Amendments Needed to Flood Insurance Bills. Retrieved June 14, 2016, from Consumer Federation of America.

Need proof?

View citations of support and opposition

Includes reported contributions to congressional campaigns of Senators in office during the 114th U.S. Congress, from interest groups invested in the vote according to MapLight, November 29, 2010 – November 28, 2016.
Contributions data source: OpenSecrets.org

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Contributions by Legislator

Namesort iconPartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Andrew Lamar AlexanderRTN$311,500$25,550
Kelly AyotteRNH$1,328,778$49,577
Tammy BaldwinDWI$345,716$126,681
John BarrassoRWY$211,141$1,250
Michael F. BennetDCO$1,391,068$149,022
Richard BlumenthalDCT$404,223$48,990
Roy BluntRMO$1,003,928$42,925
Cory A. BookerDNJ$1,128,159$78,572
John BoozmanRAR$338,568$54,445
Barbara BoxerDCA$2,750$3,550
Sherrod BrownDOH$819,146$170,612
Richard BurrRNC$808,751$29,650
Maria CantwellDWA$282,918$66,042
Shelley Moore CapitoRWV$908,358$10,800
Ben CardinDMD$333,950$24,549
Tom CarperDDE$446,314$25,598
Bob CaseyDPA$500,344$68,566
Bill CassidyRLA$916,889$16,775
Daniel CoatsRIN$91,750$5,700
William Thad CochranRMS$291,514$27,188
Susan M. CollinsRME$349,675$11,850
Christopher A. CoonsDDE$354,352$33,221
Bob CorkerRTN$975,456$33,272
John CornynRTX$893,897$12,500
Tom CottonRAR$2,013,245$46,573
Mike CrapoRID$771,194$10,094
Ted CruzRTX$2,729,333$44,947
Steve DainesRMT$638,362$16,000
Joe DonnellyDIN$402,289$52,286
Dick DurbinDIL$289,652$89,710
Mike EnziRWY$154,600$6,650
Joni ErnstRIA$374,563$8,150
Dianne FeinsteinDCA$226,679$40,234
Deb FischerRNE$523,264$29,975
Jeff FlakeRAZ$1,725,376$24,050
Al FrankenDMN$309,633$72,326
Cory GardnerRCO$1,095,216$28,000
Kirsten E. GillibrandDNY$950,598$43,250
Lindsey GrahamRSC$599,255$12,820
Chuck GrassleyRIA$504,770$18,825
Orrin G. HatchRUT$641,540$22,400
Martin HeinrichDNM$418,485$72,780
Heidi HeitkampDND$285,503$46,875
Dean HellerRNV$750,336$11,800
Mazie K. HironoDHI$189,608$59,000
John HoevenRND$199,903$10,586
Jim InhofeROK$200,624$15,925
Johnny IsaksonRGA$862,781$49,250
Ron JohnsonRWI$1,477,409$32,073
Tim KaineDVA$960,155$293,641
Angus S. King, Jr.IME$147,870$15,150
Mark KirkRIL$911,238$29,170
Amy KlobucharDMN$297,022$29,400
James LankfordROK$519,524$26,175
Patrick J. LeahyDVT$103,843$17,675
Mike LeeRUT$976,074$7,105
Joe Manchin, IIIDWV$289,550$15,450
Ed MarkeyDMA$881,232$81,248
John McCainRAZ$716,670$64,994
Claire McCaskillDMO$439,826$103,951
Addison "Mitch" McConnellRKY$1,928,945$68,750
Bob MenéndezDNJ$708,325$105,630
Jeff MerkleyDOR$290,306$51,058
Barbara A. MikulskiDMD$13,850$1,100
Jerry MoranRKS$366,527$11,230
Lisa MurkowskiRAK$204,650$45,860
Chris MurphyDCT$666,633$73,312
Patty MurrayDWA$472,567$102,599
Clarence "Bill" NelsonDFL$591,390$90,946
Rand PaulRKY$747,325$31,064
David PerdueRGA$769,698$19,024
Gary C. PetersDMI$1,146,575$107,600
Rob PortmanROH$1,950,722$68,385
John "Jack" ReedDRI$275,820$6,650
Harry ReidDNV$151,746$6,258
Jim RischRID$182,287$758
Charles "Pat" RobertsRKS$515,306$8,750
Mike RoundsRSD$527,041$34,700
Marco RubioRFL$1,739,517$22,616
Bernie SandersIVT$73,467$14,675
Ben SasseRNE$1,080,599$6,000
Brian SchatzDHI$737,501$50,350
Chuck SchumerDNY$1,841,405$33,563
Tim ScottRSC$1,314,256$15,525
Jeff SessionsRAL$56,600$8,100
Jeanne ShaheenDNH$479,523$56,100
Richard C. ShelbyRAL$683,021$1,000
Debbie StabenowDMI$499,350$29,180
Dan SullivanRAK$988,903$30,075
Jon TesterDMT$1,151,758$96,365
John ThuneRSD$666,884$8,683
Thom TillisRNC$891,528$41,000
Patrick J. ToomeyRPA$3,041,728$67,720
Tom UdallDNM$290,961$47,110
David VitterRLA$152,550$1,950
Mark R. WarnerDVA$1,116,908$76,475
Elizabeth WarrenDMA$625,588$276,724
Sheldon WhitehouseDRI$276,632$29,777
Roger F. WickerRMS$221,161$8,250
Ron WydenDOR$841,495$54,483

Add Data Filters:

Legislator Filters
Legislator Filters
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NamePartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Andrew Lamar AlexanderRTN$311,500$25,550
Kelly AyotteRNH$1,328,778$49,577
Tammy BaldwinDWI$345,716$126,681
John BarrassoRWY$211,141$1,250
Michael F. BennetDCO$1,391,068$149,022
Richard BlumenthalDCT$404,223$48,990
Roy BluntRMO$1,003,928$42,925
Cory A. BookerDNJ$1,128,159$78,572
John BoozmanRAR$338,568$54,445
Barbara BoxerDCA$2,750$3,550
Sherrod BrownDOH$819,146$170,612
Richard BurrRNC$808,751$29,650
Maria CantwellDWA$282,918$66,042
Shelley Moore CapitoRWV$908,358$10,800
Ben CardinDMD$333,950$24,549
Tom CarperDDE$446,314$25,598
Bob CaseyDPA$500,344$68,566
Bill CassidyRLA$916,889$16,775
Daniel CoatsRIN$91,750$5,700
William Thad CochranRMS$291,514$27,188
Susan M. CollinsRME$349,675$11,850
Christopher A. CoonsDDE$354,352$33,221
Bob CorkerRTN$975,456$33,272
John CornynRTX$893,897$12,500
Tom CottonRAR$2,013,245$46,573
Mike CrapoRID$771,194$10,094
Ted CruzRTX$2,729,333$44,947
Steve DainesRMT$638,362$16,000
Joe DonnellyDIN$402,289$52,286
Dick DurbinDIL$289,652$89,710
Mike EnziRWY$154,600$6,650
Joni ErnstRIA$374,563$8,150
Dianne FeinsteinDCA$226,679$40,234
Deb FischerRNE$523,264$29,975
Jeff FlakeRAZ$1,725,376$24,050
Al FrankenDMN$309,633$72,326
Cory GardnerRCO$1,095,216$28,000
Kirsten E. GillibrandDNY$950,598$43,250
Lindsey GrahamRSC$599,255$12,820
Chuck GrassleyRIA$504,770$18,825
Orrin G. HatchRUT$641,540$22,400
Martin HeinrichDNM$418,485$72,780
Heidi HeitkampDND$285,503$46,875
Dean HellerRNV$750,336$11,800
Mazie K. HironoDHI$189,608$59,000
John HoevenRND$199,903$10,586
Jim InhofeROK$200,624$15,925
Johnny IsaksonRGA$862,781$49,250
Ron JohnsonRWI$1,477,409$32,073
Tim KaineDVA$960,155$293,641
Angus S. King, Jr.IME$147,870$15,150
Mark KirkRIL$911,238$29,170
Amy KlobucharDMN$297,022$29,400
James LankfordROK$519,524$26,175
Patrick J. LeahyDVT$103,843$17,675
Mike LeeRUT$976,074$7,105
Joe Manchin, IIIDWV$289,550$15,450
Ed MarkeyDMA$881,232$81,248
John McCainRAZ$716,670$64,994
Claire McCaskillDMO$439,826$103,951
Addison "Mitch" McConnellRKY$1,928,945$68,750
Bob MenéndezDNJ$708,325$105,630
Jeff MerkleyDOR$290,306$51,058
Barbara A. MikulskiDMD$13,850$1,100
Jerry MoranRKS$366,527$11,230
Lisa MurkowskiRAK$204,650$45,860
Chris MurphyDCT$666,633$73,312
Patty MurrayDWA$472,567$102,599
Clarence "Bill" NelsonDFL$591,390$90,946
Rand PaulRKY$747,325$31,064
David PerdueRGA$769,698$19,024
Gary C. PetersDMI$1,146,575$107,600
Rob PortmanROH$1,950,722$68,385
John "Jack" ReedDRI$275,820$6,650
Harry ReidDNV$151,746$6,258
Jim RischRID$182,287$758
Charles "Pat" RobertsRKS$515,306$8,750
Mike RoundsRSD$527,041$34,700
Marco RubioRFL$1,739,517$22,616
Bernie SandersIVT$73,467$14,675
Ben SasseRNE$1,080,599$6,000
Brian SchatzDHI$737,501$50,350
Chuck SchumerDNY$1,841,405$33,563
Tim ScottRSC$1,314,256$15,525
Jeff SessionsRAL$56,600$8,100
Jeanne ShaheenDNH$479,523$56,100
Richard C. ShelbyRAL$683,021$1,000
Debbie StabenowDMI$499,350$29,180
Dan SullivanRAK$988,903$30,075
Jon TesterDMT$1,151,758$96,365
John ThuneRSD$666,884$8,683
Thom TillisRNC$891,528$41,000
Patrick J. ToomeyRPA$3,041,728$67,720
Tom UdallDNM$290,961$47,110
David VitterRLA$152,550$1,950
Mark R. WarnerDVA$1,116,908$76,475
Elizabeth WarrenDMA$625,588$276,724
Sheldon WhitehouseDRI$276,632$29,777
Roger F. WickerRMS$221,161$8,250
Ron WydenDOR$841,495$54,483

Interest Groups that supported this bill

Uncheck All
Check All
$ Donated
Real estate$14,644,633
Republican/Conservative$14,631,643
Commercial banks & bank holding companies$13,611,099
Insurance companies, brokers & agents$10,016,167
Environmental policy$5,398,859
Finance, Insurance & Real Estate$3,868,455
Property & casualty insurance$3,755,066
Mortgage bankers and brokers$1,917,798
Insurance$735,143
Health & welfare policy$547,752
Energy, Natural Resources and Environment$127,450
Fiscal & tax policy$43,350
Consumer groups$750

Interest Groups that opposed this bill

Uncheck All
Check All
$ Donated
Civil servant/public employee$4,474,818
Consumer groups$750
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