NFIP Extension Act

This bill, titled the NFIP Extension Act, would reauthorize the National Flood Insurance Program (NFIP) through September 30, 2026. It does two things: (1) extend the program’s financing authority through that date and (2) extend the NFIP’s expiration date through the same date. The bill also includes a retroactive provision: if the law is enacted after September 30, 2025, the amendments would take effect as if they had been enacted on September 30, 2025. The purpose is to prevent a lapse in NFIP authority and ensure continued availability of flood insurance for policyholders, lenders, and others who rely on the program. The text does not propose changes to the program’s structure, premiums, or coverage beyond the extension. The bill was introduced in the Senate by Senators Kennedy (with Senator Cassidy as a co-sponsor) and would become law as a short, targeted extension rather than a broad reform package.