1. Short title This Act may be cited as the National Flood Insurance Program Policyholder Protection Act of 2017 . 2. Cap on premiums Paragraph (1) of section 1308(e) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4015(e)(1) ) is amended— (1) by striking except — and inserting except as provided in paragraph (4); and ; (2) by striking subparagraphs (A) and (B); (3) in subparagraph (C)— (A) in clause (ii), by redesignating subclauses (I) and (II) as items (aa) and (bb), respectively; (B) by redesignating clauses (i) through (iii) as subclauses (I) through (III), respectively; and (C) by striking (C) in the case of a property that— and inserting the following: (B) The limitations under clauses (i) and (ii) of subparagraph (A) shall not apply in the case of— (i) a property identified under section 1307(g); or (ii) a property that— ; (4) by striking under this title for any property and inserting the following: under this title— (i) for any property ; (5) by inserting (A) subject to subparagraph (B), after the paragraph designation