PL-109-106 — National Flood Insurance Program Further Enhanced Borrowing Authority Act of 2005

Preamble

Be it enacted by the Senate and House of Representatives of the United States of America in Congress <<NOTE: National Flood Insurance Program Further Enhanced Borrowing Authority Act of 2005. 42 USC 4001 note.>> assembled,

Section 1 — SHORT TITLE

This Act may be cited as the ``National Flood Insurance Program Further Enhanced Borrowing Authority Act of 2005''.

Section 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)), as amended by the National Flood Insurance Program Enhanced Borrowing Authority Act of 2005 (Public Law 109-65; 119 Stat. 1998), is amended by striking ``$3,500,000,000'' and inserting ``$18,500,000,000''.

Section 3 — EMERGENCY SPENDING

The amendment made under section 2 is designated as emergency spending, as provided under section 402 of H. Con. Res. 95 (109th Congress).

Approved November 21, 2005.

LEGISLATIVE HISTORY--H.R. 4133: ---------------------------------------------------------------------------

HOUSE REPORTS: No. 109-274 (Comm. on Financial Services). CONGRESSIONAL RECORD, Vol. 151 (2005): Nov. 16, considered and passed House. Nov. 18, considered and passed Senate.

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