I 115th CONGRESS 1st Session H. R. 2246 IN THE HOUSE OF REPRESENTATIVES April 28, 2017 Mr. Luetkemeyer introduced the following bill; which was referred to the Committee on Financial Services A BILL To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas and to provide for greater transfer of risk under the National Flood Insurance Program to private capital and reinsurance markets, and for other purposes.