Senate bill would keep federal flood insurance alive through September 2026

What does this do?

S 2931 extends the National Flood Insurance Program through September 30, 2026, preventing it from expiring and shutting down. The bill does not change how the program works, adjust premiums, or address the program's long-term debt. A backstop provision ensures that if the bill passes after September 30, 2025, it is still treated as having passed on that date, closing any potential gap in coverage.

Who does it affect?

The NFIP covers roughly 5 million policyholders nationwide, with the heaviest concentration in flood-prone states such as Florida, Texas, and Louisiana. Many of those policyholders are required by their mortgage lenders to carry flood insurance.

Why does it matter?

Without this extension, the NFIP would expire, leaving policyholders without coverage and potentially putting home loans at risk, particularly during hurricane and storm season. The bill is a short-term measure that keeps the program running while larger policy questions, including the program's long-term debt, remain unresolved in Congress.

Where does it stand?