Bills · HR 5577
REPORTED· 119TH CONGRESS
House BillHR 5577Disaster relief and insuranceFloods and storm protection
NFIP Extension Act of 2026
INTRO SEP 26· LAST ACTION JAN 15
READING
2MIN
COSPONSORS
6BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Reported, not passed
LEGISLATIVE PROGRESS
STEP 3 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenHomeowners and businesses located in flood-prone areas across the United States would be most directly affected. These individuals often rely on the National Flood Insurance Program (NFIP) to obtain flood insurance, which is frequently required by banks for properties with mortgages in designated flood zones.
If the program were to expire, these property owners could lose their ability to secure or renew essential flood insurance, potentially jeopardizing their homes and investments. Lenders, who require flood insurance as a condition for many mortgages, would also be affected, as would the broader real estate market in areas vulnerable to flooding.
KEY PROVISIONS
3AI-extractedPROVISION 01
Extends the authority for the National Flood Insurance Program (NFIP) to provide financing for its operations.
This ensures the program can continue to collect premiums and pay out claims.
PROVISION 02
Extends the program's overall expiration date.
This allows the NFIP to continue offering and renewing flood insurance policies to the public.
PROVISION 03
Establishes a retroactive effective date for the extension.
This means that if the bill becomes law after January 30, 2026, the program will be considered continuously authorized from that date, preventing a gap in its legal operation.
SPONSORSHIP
1 + 6
R· New York
YRS IN OFFICE
5
BILLS LED
40
COSPONSOR BREAKDOWNBIPARTISAN · 66%
DEM 2 REP 4 IND 0
ACTION TIMELINE
7 EVENTSJAN 15
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-456.
JAN 15
Placed on the Union Calendar, Calendar No. 391.
DEC 17
Committee Consideration and Mark-up Session Held
DEC 17
Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0.
BILL INFO
TypeHouse Bill
NumberHR 5577
Congress119th
StatusReported
IntroducedSep 26, 2025
Last actionJan 15, 2026
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REPORTED· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED SEP 26, 2025
House BillHR 5577Disaster relief and insuranceFloods and storm protection
NFIP Extension Act of 2026
INTRODUCED SEP 26, 2025· LAST ACTION JAN 15, 2026
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
6
COMPLEXITY
Moderate
