For Immediate Release
Office of the Press Secretary
September 20, 2005
Statement on H.R. 804 and H.R. 3669
On September 20, 2005, the President has signed into law:
H.R. 804, which excludes Federal financial assistance for flood mitigation
activities from being considered income when determining eligibility for,
or benefit levels under, any Federal income assistance or resource-tested
program.
H.R. 3669, the "National Flood Insurance Program Enhanced Borrowing
Authority Act of 2005," which temporarily increases the Federal Emergency
Management Agency's borrowing authority for carrying out the National Flood
Insurance Program.
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