National Flood Insurance Program Enhanced Borrowing Authority Act of 2006
Last action on Mar 21, 2006Referred to the Subcommittee on Housing and Community Opp...
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Summary
National Flood Insurance Program Enhanced Borrowing Authority Act of 2006 - Amends the National Flood Insurance Act of 1968 to increase from $18.5 billion to $24.1 billion, through FY2008, the total amount which the Director of the Federal Emergency Management Agency (FEMA) may borrow from the Secretary of the Treasury with the President's approval to carry out the flood insurance program.
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