,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #ccab  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #bc1 #bjac,mr4
 ,bilirakis 7= himself1 ,mr4 ,rooney1 & 
,ms4 ,ros-,leht957 introduc$ ! foll[+   
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
require ! ,adm9i/rator ( ! ,f$]al       
,em]g5cy ,managem5t ,ag5cy to all[ =    
mon?ly in/allm5t paym5ts = flood        
insurance "u ! ,national ,flood         
,insurance ,act ( #aifh1 to cap ! annual
 co/ ( flood insurance "u t ,act1 to    
provide = a t5-ye> phase-9 ( premium    
increases result+ f ! enactm5t ( !      
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab1 & = o!r purposes4  #a4    
,%ort title ,?is ,act may be cit$ z !   
,home[n]s ,flood ,insurance ,relief ,act
 ( #bjac4  #b4 ,mon?ly in/allm5t paym5ts
 = premiums ,section #acjh7;g7 ( !      
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae7;g77 is am5d$ by  
/rik+ ei!r annually or 9 m frequ5t      
in/allm5ts & ins]t+ annually1 mon?ly1 or

 9 o!r in/allm5ts t are m frequ5t ?an   
annually4  #c4 ,cap on annual co/ (     
flood insurance ,section #acjh ( !      
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae7 is am5d$-- 7#a7  
by r$esignat+ subsection 7i7 z          
subsection 7j72 &  7#b7 by ins]t+ aft]  
subsection 7h7 ! foll[+ new subsection3 
7i7 ,maximum annual premium ,not)/&+ any
 o!r provision ( ?is title1 ! maximum   
annual *>geable premium rate = a prop]ty
 %all be ! total apprais$ value ( all   
/ructures locat$ on ! prop]ty at ! "t ( 
! pur*ase ( ! prop]ty by ! curr5t own] (
 ! prop]ty divid$ by #cj4  4  #d4       
,t5-ye> phase-9 ( premium increases     
result+ f ,bigg]t-,wat]s ,flood         
,insurance ,re=m ,act ( #bjab  7a7      
,phase-,9 ,not)/&+ any o!r provision (  
law1 any increase 9 ! risk premium rate 
*>g$ = flood insurance "u ! ,national   
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djja et seq47 on any prop]ty 
t is cov]$ by a flood insurance policy  
on ! effective date ( ! ,bigg]t-,wat]s  

,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4 #iaf 
et seq47 t is a result ( ! enactm5t (   
su* ,act or ! am5dm5ts made by su* ,act 
%all be phas$ 9 ov] a #aj-ye> p]iod1 at 
! rate ( #aj p]c5t = ea* ye> foll[+ su* 
effective date4  7b7 ,applicability2    
refund or cr$it ,subsection 7a7 %all    
apply z if enact$ z "p ( !              
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7,public ,law #aab-ada2    
#abf ,/at4 #iaf et seq474 ,!            
,adm9i/rator ( ! ,f$]al ,em]g5cy        
,managem5t ,ag5cy %all refund to        
insur$s1 or provide cr$it to insur$s =1 
any premiums = flood insurance cov]age  
"u ! ,national ,flood ,insurance        
,program collect$ 9 excess ( ! rates    
requir$ pursuant to subsection 7a74