Stop GAPS Act of 2025

House Bill

H.R. 4349

119th Congress

Stop GAPS Act of 2025

In Committee

Introduced:Jul 10, 2025

Primary Sponsor

Frank J. Pallone Jr.

Representative

Democratic

NJ-6

Cosponsors

14

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill aims to renew and reform the National Flood Insurance Program, which provides flood insurance coverage for homeowners and businesses. The bill aims to make flood insurance more affordable by limiting premium increases, creating a program to assist low-income households, and establishing new standards for flood insurance rate maps.

Latest Action

Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

SponsorFrank J. Pallone Jr. (D-NJ)

Introduced7/10/2025

StatusReferred to the House Committee on the Judiciary.

ChamberHouse

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Vote Prediction

Stop GAPS Act of 2025

This bill aims to renew and reform the National Flood Insurance Program, which provides flood insurance coverage for homeowners and businesses. The bill aims to make flood insurance more affordable by limiting premium increases, creating a program to assist lo

Community Breakdown

Pass

0%

Fail

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0 predictions

This bill aims to renew and reform the National Flood Insurance Program, which provides flood insurance coverage for homeowners and businesses. The bill aims to make flood insurance more affordable by limiting premium increases, creating a program to assist low-income households, and establishing new standards for flood insurance rate maps.

Bill Number: 4349
Sponsor: Frank J. Pallone Jr. (D-NJ)
Introduced: 7/10/2025
Status: Referred to the House Committee on the Judiciary.
Policy Area: Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: Stop GAPS Act of 2025
Bill Number: 4349
Sponsor: Frank J. Pallone Jr. (D-NJ)
Status: Referred to the House Committee on the Judiciary.
Introduced: 7/10/2025
Summary: This bill aims to renew and reform the National Flood Insurance Program, which provides flood insurance coverage for homeowners and businesses. The bill aims to make flood insurance more affordable by limiting premium increases, creating a program to assist low-income households, and establishing ne

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill aims to renew and reform the National Flood Insurance Program, which provides flood insurance coverage for homeowners and businesses. The bill aims to make flood insurance more affordable by limiting premium increases, creating a program to assist low-income households, and establishing new standards for flood insurance rate maps.

Last updated: 12/30/2025

Official Summary

Congressional Research Service summary

National Flood Insurance Program Reauthorization and Reform Act of 2023 This bill generally revises the National Flood Insurance Program (NFIP) and reauthorizes the program through FY2026. The bill addresses NFIP coverage, cost, and availability, including by <ul> <li>generally prohibiting the Federal Emergency Management Agency (FEMA) from raising certain premiums, surcharges, and fees more than 9% a year for five years; </li> <li>revising flood insurance coverage limits;</li> <li>establishing a means-tested program to provide financial assistance to low-income households through policy discounts; and</li> <li>revising standards and certification requirements for flood insurance rate maps.</li> </ul> The bill also revises administrative provisions of the NFIP, including by <ul> <li>allowing for the continuous operation of the NFIP during a lapse in appropriations, and</li> <li>prohibiting the Department of the Treasury from charging FEMA interest for NFIP debt for five years. </li> </ul> The bill sets forth requirements for Write Your Own companies related to reimbursements, agent commissions, and penalties for underpayment of claims. (A Write Your Own company writes and services federal standard flood insurance policies in its own name.) The bill establishes state or tribal government revolving funds for flood mitigation activities and also provides for loans, grants, and other incentives regarding mitigation. The bill also requires the creation of an appeals process for disputing NFIP premium rates.

Key Points

Main provisions of the bill

Limits annual premium increases for the National Flood Insurance Program to no more than 9% for 5 years
Establishes a means-tested program to provide financial assistance to low-income households for flood insurance policies
Revises standards and certification requirements for flood insurance rate maps to improve accuracy
Allows the flood insurance program to continue operating during lapses in congressional funding
Creates state and tribal government funds for flood mitigation activities and provides loans, grants, and other incentives

How This Impacts Americans

Potential effects on citizens and communities

If this bill becomes law, it would primarily affect homeowners and businesses that rely on the National Flood Insurance Program for coverage. The bill aims to make flood insurance more accessible and affordable, especially for low-income households in flood-prone areas. Communities would also have new resources and incentives to invest in flood mitigation projects to reduce future damage.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Related Subjects

Accounting and auditing

Administrative law and regulatory procedures

Administrative remedies

Advisory bodies

Alternative dispute resolution, mediation, arbitration

Building construction

Business records

Congressional oversight

Digital media

Disaster relief and insurance

+9 more

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

4349, 119th Congress (2025). "Stop GAPS Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-4349

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