National Flood Insurance Program Extension Act of 2023

HR 1392 extends the National Flood Insurance Program (NFIP) through December 31, 2024, by updating its funding and expiration dates. This directly affects homeowners and property owners in flood-prone areas who rely on NFIP policies for coverage. The bill amends two key provisions of the 1968 law to push the program’s end date from 2022 to 2024, ensuring continued access to federally backed flood insurance. It does not change coverage terms or costs but maintains the existing program structure. The extension applies to all current NFIP policyholders and properties enrolled in the program.