1. Short title This Act may be cited as the Flood Insurance Fairness Act of 2017 . 2. Repeal of certain rate increases (a) Repeal of prohibition on subsidized rates Paragraph (2) of section 1307(a) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4014 ) is amended— (1) by striking subparagraph (A); (2) in subparagraph (C), by inserting or after the semicolon at the end; (3) by striking subparagraph (D)