United States Congress
PREPARE Act of 2023
December 22, 2023
Summary
Introduced in the House in December 2023, the PREPARE Act would establish an Interagency Council on Extreme Weather Resilience, Preparedness, and Risk Identification and Management and require federal agencies to plan for extreme weather-related risks. The bill is a federal administrative and planning measure; it does not impose direct obligations on mortgage lenders, brokers, or servicers. HUD is named as a member agency, but no mortgage-specific requirements are included.
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Source: https://www.congress.gov/bill/118th-congress/hr-bill/6882
Common questions
- What does "PREPARE Act of 2023" cover?
- Introduced in the House in December 2023, the PREPARE Act would establish an Interagency Council on Extreme Weather Resilience, Preparedness, and Risk…
- Which agency issued this update?
- This update was issued by United States Congress.
- When was it published?
- It was published on December 22, 2023.