119 STAT. 1998
PUBLIC LAW 109–65—SEPT. 20, 2005
Public Law 109–65 109th Congress An Act Sept. 20, 2005 [H.R. 3669] National Flood Insurance Program Enhanced Borrowing Authority Act of 2005. 42 USC 4001 note.
To temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the national flood insurance program.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘National Flood Insurance Program Enhanced Borrowing Authority Act of 2005’’. SEC. 2. INCREASE IN BORROWING AUTHORITY.
The first sentence of subsection (a) of section 1309 of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a)) is amended by inserting before the period at the end the following: ‘‘; except that, through September 30, 2008, clause (2) of this sentence shall be applied by substituting ‘$3,500,000,000’ for ‘$1,500,000,000’ ’’. Approved September 20, 2005.
LEGISLATIVE HISTORY—H.R. 3669: CONGRESSIONAL RECORD, Vol. 151 (2005): Sept. 8, considered and passed House. Sept. 12, considered and passed Senate.
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