,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #adhe  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #aa1 #bjac ,mr4
 ,lo,biondo introduc$ ! foll[+ bill2 :i*
 0 ref]r$ to ! ,committee on ,f9ancial  
,s]vices  ,a ,,bill  ,to am5d !         
,national ,flood ,insurance ,act ( #aifh
 to modify ! phase-9 increases 9 flood  
insurance premium rates = c]ta9         
prop]ties1 & = o!r purposes4  #a4       
,modification ( phase-9 increases (     
flood insurance premium rates = c]ta9   
prop]ties  7a7 ,*ange ( own]%ip ( second
 homes1 bus9ess prop]ties1 & prim>y     
resid5ces ,section #acjg7;g77#b7 ( !    
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djad7;g77#b77 is am5d$ 
by /rik+ #bjab & ins]t+ #bjab1 except = 
prop]ties ref]r$ to 9 p>agraphs 7#c7 &  
7#d7 ( section #acjh7;e74  7b7 ,second  
homes & bus9ess prop]ties & *ange (     
own]%ip ( prim>y resid5ces ,section     
#acjh7;e7 ( ! ,national ,flood          
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7;e77 is am5d$--  7#a7 9 p>agraph  

7#a71 by /rik+ 2 & & ins]t+ a semicolon2
  7#b7 9 p>agraph 7#b7--  7,a7 by /rik+ 
describ$ 9 subp>agraphs 7,a7 ?r\gh 7,e7 
& ins]t+ describ$ 9 subp>agraphs 7,b71  
7,c71 & 7,e72 &  7,b7 by /rik+ ! p]iod  
at ! end & ins]t+ a semicolon2 &  7#c7  
by add+ at ! end ! foll[+ new p>agraphs3
  7#c7 describ$ 9 subp>agraphs 7,a7 &   
7,d7 ( section #acjg7;a77#b7 %all be    
increas$ by #ab4e p]c5t ea* ye>1 until !
 av]age risk premium rate = su*         
prop]ties is equal to ! av]age ( ! risk 
premium rates = prop]ties describ$ "u   
p>agraph 7#a72 &  7#d7 t are prim>y     
resid5ces pur*as$ aft] ! date ( !       
enactm5t ( ! ,bigg]t-,wat]s ,flood      
,insurance ,re=m ,act ( #bjab 7title    
,,ii ( division ,f ( ,public ,law       
#aab-ada71 %all be increas$ by #ab4e    
p]c5t ea* ye> z if su* increase began on
 ! date ( ! enactm5t ( su* ,act1 until !
 av]age risk premium rate = su*         
prop]ties is equal to ! av]age ( ! risk 
premium rates = prop]ties describ$ "u   
p>agraph 7#a74  4  7c7 ,effect on rates 

*ang$ due to ,bigg]t-,wat]s ,flood      
,insurance ,re=m ,act ( #bjab ,!        
,adm9i/rator ( ! ,f$]al ,em]g5cy        
,managem5t ,ag5cy %all adju/ ! *>geable 
risk premium rates = flood insurance "u 
! ,national ,flood ,insurance ,act (    
#aifh 7#db ,u4,s4,c4 #djja et seq47 =   
prop]ties ref]r$ to 9 p>agraphs 7#c7 &  
7#d7 ( section #acjh7;e7 ( su* ,act 7#db
 ,u4,s4,c4 #djae7;e771 z add$ by        
subsection 7b7 ( ?is section1 z if !    
am5dm5ts made by subsections 7a7 & 7b7 (
 ?is section 7 enact$ at ! same "t z !  
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7title ,,ii ( division ,f (
 ,public ,law #aab-ada74