CBO Issues Cost Estimate for NFIP Extension Act
January 15, 2026
January 15, 2026
WASHINGTON, Jan. 15 -- The Congressional Budget Office issued the following cost estimate for the NFIP Extension Act (H.R. 5577).
* * *
H.R. 5577 would extend the authorization for the National Flood Insurance Program (NFIP) to underwrite (or renew) insurance policies, and to borrow money from the Treasury, through September 30, 2026. Under current law, those authorities expire on January 30, 2026.
The Balanced Budget and Emergency Deficit Control Act of 19 . . .
* * *
H.R. 5577 would extend the authorization for the National Flood Insurance Program (NFIP) to underwrite (or renew) insurance policies, and to borrow money from the Treasury, through September 30, 2026. Under current law, those authorities expire on January 30, 2026.
The Balanced Budget and Emergency Deficit Control Act of 19 . . .