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National Flood Insurance Program (NFIP)

A federal program managed by FEMA that provides flood insurance to property owners, renters, and businesses in communities that adopt and enforce floodplain management regulations.

Reauthorize

To officially approve or renew the legal authority for a government program or agency to continue operating and receive funding for a specified period.

Retroactive Effective Date

A provision that makes a law or change apply from a date in the past, even if the law itself is passed later.

Amend

To make changes or additions to a law or document.

Section 1309(a) of the National Flood Insurance Act of 1968

A specific part of the original law that grants the program authority to use funds from the U.S. Treasury for its operations.

Section 1319 of the National Flood Insurance Act of 1968

A specific part of the original law that sets the overall expiration date for the National Flood Insurance Program.