Volume 120 · 317
Public Law 109–208
An Act to temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the national flood insurance program.
Approved March 23, 2006
Statutory text
An Act
An Act to temporarily increase the borrowing authority of the Federal Emergency Management Agency for carrying out the national flood insurance program.
Mar. 23, 2006
[S. 2275]
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 2006”.
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)), as amended by the National Flood Insurance Program Further Enhanced Borrowing Authority Act of 2005 (Public Law 109–106; 119 Stat. 2288), is amended by striking “$18,500,000,000” and inserting “$20,775,000,000”.
SEC. 3. EMERGENCY SPENDING.
Amendments made pursuant to this Act are designated as emergency spending, as provided under section 402 of H. Con. Res. 95 (109th Congress).
Approved .