,,ii  ,cal5d> ,no4 #cag #aac? ,,congress
  #b;d ,session  ,h4 ,r4 #ccgj  ,,9 ,,! 
,,s5ate ,,( ,,! ,,unit$ ,,/ates  ,m>*   
#e1 #bjad,receiv$2 read ! fir/ "t  ,m>* 
#f1 #bjad,read ! second "t & plac$ on ! 
cal5d>  ,,an ,,act  ,to delay !         
implem5tation ( c]ta9 provisions ( !    
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab1 & = o!r purposes4  #a4    
,%ort title & table ( cont5ts  7a7 ,%ort
 title ,?is ,act may be cit$ z !        
,home[n] ,flood ,insurance ,af=dability 
,act ( #bjad4  7b7 ,table ( cont5ts ,!  
table ( cont5ts = ?is ,act is z foll[s3 
,sec4 #a4 ,%ort title & table ( cont5ts4
 ,sec4 #b4 ,def9itions4 ,sec4 #c4       
,repeal ( c]ta9 rate increases4 ,sec4   
#d4 ,re/oration ( gr&fa!r$ rates4 ,sec4 
#e4 ,requirem5ts reg>d+ annual rate     
increases4 ,sec4 #f4 ,cl>ification (    
rates = prop]ties newly mapp$ into areas
 ) special flood haz>ds4 ,sec4 #g4      
,premiums & reports4 ,sec4 #h4 ,annual  
premium sur*>ge4 ,sec4 #i4 ,draft       
af=dability framework4 ,sec4 #aj4 ,risk 

transf]4 ,sec4 #aa4 ,mon?ly in/allm5t   
paym5t = premiums4 ,sec4 #ab4 ,optional 
high-d$uctible policies = resid5tial    
prop]ties4 ,sec4 #ac4 ,exclusion (      
deta*$ /ructures f m&atory pur*ase      
requirem5t4 ,sec4 #ad4 ,acc\nt+ = flood 
mitigation activities 9 e/imates (      
premium rates4 ,sec4 #ae4 ,home         
improvem5t fairness4 ,sec4 #af4         
,af=dability /udy & report4 ,sec4 #ag4  
,flood insurance rate map c]tification4 
,sec4 #ah4 ,funds to reimburse home[n]s 
= successful map appeals4 ,sec4 #ai4    
,flood protection sy/ems4 ,sec4 #bj4    
,qu>t]ly reports reg>d+ ,res]ve ,fund   
ratio4 ,sec4 #ba4 ,treatm5t ( floodpro($
 resid5tial basem5ts4 ,sec4 #bb4        
,exemption f fees = c]ta9 map *ange     
reque/s4 ,sec4 #bc4 ,/udy ( volunt>y    
community-bas$ flood insurance options4 
,sec4 #bd4 ,designation ( flood         
insurance advocate4 ,sec4 #be4          
,exceptions to escr[ requirem5t = flood 
insurance paym5ts4 ,sec4 #bf4 ,flood    
mitigation me?ods = build+s4 ,sec4 #bg4 

,mapp+ ( non-/ructural flood mitigation 
features4 ,sec4 #bh4 ,cle>              
communications4 ,sec4 #bi4 ,protection (
 small bus9esses1 non-pr(its1 h\ses (   
wor%ip1 & resid5ces4 ,sec4 #cj4 ,mapp+4 
,sec4 #ca4 ,disclosure4  #b4 ,def9itions
 ,= purposes ( ?is title1 ! foll[+      
def9itions %all apply3  7#a7            
,adm9i/rator ,! t]m ,adm9i/rator means !
 ,adm9i/rator ( ! ,f$]al ,em]g5cy       
,managem5t ,ag5cy4  7#b7 ,national      
,flood ,insurance ,program ,! t]m       
,national ,flood ,insurance ,program    
means ! program e/abli%$ "u ! ,national 
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djja et seq474  #c4 ,repeal (
 c]ta9 rate increases  7a7 ,repeal  7#a7
 ,9 g5]al ,section #acjg7;g7 ( !        
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djad7;g77 is am5d$--   
7,a7 by /rik+ p>agraphs 7#a7 & 7#b72    
7,b7 9 p>agraph 7#c71 by /rik+ z a      
result ( ! delib]ate *oice ( ! hold] (  
su* policy & ins]t+ 1 unless ! decision 
( ! policy hold] to p]mit a lapse 9     

flood insurance cov]age 0 z a result ( !
 prop]ty cov]$ by ! policy no long] be+ 
requir$ to reta9 su* cov]age2 &  7,c7 by
 r$esignat+ p>agraphs 7#c7 & 7#d7 z     
p>agraphs 7#a7 & 7#b71 respectively4    
7#b7 ,effective ,date ,! ,adm9i/rator   
%all make available su* rate tables1 z  
necess>y to implem5t ! am5dm5ts made by 
p>agraph 7#a7 z if x 7 enact$ z "p ( !  
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7,public ,law #aab-ada2    
#abf ,/at4 #ieg74  7#c7 ,implem5tation1 
coord9ation1 & guidance  7,a7           
,facilitation ( timely refunds ,to      
ensure ! p>ticipation ( ,write ,y\r ,own
 companies 7z su* t]m is def9$ 9 section
 #ajjbjb7;a7 ( ! ,bigg]t-,wat]s ,flood  
,insurance ,re=m ,act ( #bjab 7#db      
,u4,s4,c4 #djjd7;a771 ! ,adm9i/rator & !
 ,f$]al ,em]g5cy ,managem5t ,ag5cy %all 
consult ) ,write ,y\r ,own companies    
?r\gh\t ! developm5t ( guidance & rate  
tables necess>y to implem5t ! provisions
 ( & ! am5dm5ts made by ?is ,act4  7,b7 
,implem5tation & guidance ,!            

,adm9i/rator %all issue f9al guidance & 
rate tables necess>y to implem5t !      
provisions ( & ! am5dm5ts made by ?is   
,act n lat] ?an eight mon?s foll[+ !    
date ( ! enactm5t ( ?is ,act4 ,write    
,y\r ,own companies1 9 coord9ation ) !  
,f$]al ,em]g5cy ,managem5t ,ag5cy1 %all 
h n less ?an six mon?s b n m ?an eight  
mon?s foll[+ ! issuance ( su* f9al      
guidance & rate tables to implem5t !    
*anges requir$ by su* f9al guidance &   
rate tables4  7#d7 ,refund ( excess     
premium *>ges collect$ ,! ,adm9i/rator  
%all refund directly to insur$s any     
premiums = flood insurance cov]age "u ! 
,national ,flood ,insurance ,program    
collect$ 9 excess ( ! rates requir$ "u !
 provisions ( & am5dm5ts made by ?is    
section4 ,to all[ = necess>y &          
appropriate implem5tation ( su*         
provisions & am5dm5ts1 any premium      
*anges necess>y to implem5t su*         
provisions & am5dm5ts1 includ+ any su*  
premium refund due to policy hold]s1 :i*
 %all be paid directly by ! ,national   

,flood ,insurance ,program1 %all n be   
*>g$ or paid to policyhold]s by !       
,national ,flood ,insurance ,program    
until aft] ! ,adm9i/rator issues        
guidance & makes available su* rate     
tables to implem5t ! provisions ( &     
am5dm5ts made by ?is ,act4  7b7         
,assumption ( policies at exi/+ premium 
rates ,! ,adm9i/rator %all provide t !  
pur*as] ( a prop]ty t1 z ( ! date ( su* 
pur*ase1 is cov]$ "u an exi/+ flood     
insurance policy "u ?is title may assume
 su* exi/+ policy & cov]age = ! rema9d] 
( ! t]m ( ! policy at ! *>geable premium
 rates "u su* exi/+ policy4 ,su* rates  
%all cont9ue ) respect to su* prop]ty   
until ! implem5tation ( subsection 7a74 
#d4 ,re/oration ( gr&fa!r$ rates  7a7 ,9
 g5]al ,section #acjh ( ! ,national     
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djae7 is am5d$--  7#a7 by    
/rik+ subsection 7h72 &  7#b7 by        
r$esignat+ subsection 7i7 z subsection  
7h74  7b7 ,effective date ,! am5dm5ts   
made by subsection 7a7 %all take effect 

z if enact$ z "p ( ! ,bigg]t-,wat]s     
,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4      
#ieg74  #e4 ,requirem5ts reg>d+ annual  
rate increases  ,section #acjh7;e7 ( !  
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae7;e77 is am5d$--   
7#a7 9 ! matt] prec$+ p>agraph 7#a71 by 
/rik+ 1 ! *>geable risk premium rates = 
flood insurance "u ?is title = any      
prop]ties2  7#b7 9 p>agraph 7#a71 by    
ins]t+ ! *>geable risk premium rates =  
flood insurance "u ?is title = any      
prop]ties be=e )9 any2  7#c7 9 p>agraph 
7#b71 by ins]t+ ! *>geable risk premium 
rates = flood insurance "u ?is title =  
any prop]ties be=e describ$ 92  7#d7 by 
r$esignat+ p>agraphs 7#a7 & 7#b71 z s   
am5d$1 z p>agraphs 7#c7 & 7#d71         
respectively2 &  7#e7 by ins]t+ be=e    
p>agraph 7#c71 z s r$esignat$1 ! foll[+ 
new p>agraphs3  7#a7 ! *>geable risk    
premium rate = flood insurance "u ?is   
title = any prop]ty may n be increas$ by
 m ?an #ah p]c5t ea* ye>1 except--  7,a7

 z provid$ 9 p>agraph 7#d72  7,b7 9 !   
case ( prop]ty id5tifi$ "u section      
#acjg7;g72 or  7,c7 9 ! case ( a prop]ty
 t--  7i7 is locat$ 9 a community t has 
exp]i5c$ a rat+ d[ngrade "u ! community 
rat+ sy/em program c>ri$ out "u section 
#acae7;b72  7ii7 is cov]$ by a policy ) 
respect to :i* ! policyhold] has--  7,i7
 decreas$ ! am\nt ( ! d$uctible2 or     
7,,ii7 increas$ ! am\nt ( cov]age2 or   
7iii7 0 misrat$2  7#b7 ! *>geable risk  
premium rates = flood insurance "u ?is  
title = any prop]ties initially rat$ "u 
section #acjg7;a77#b7 )9 any s+le risk  
classification1 exclud+ prop]ties = :i* 
! *>geable risk premium rate is n less  
?an ! applicable e/imat$ risk premium   
rate "u section #acjg7;a77#a71 %all be  
increas$ by an am\nt t results 9 an     
av]age ( su* rate increases = prop]ties 
)9 ! risk classification dur+ any       
#ab-mon? p]iod ( n less ?an #e p]c5t ( !
 av]age ( ! risk premium rates = su*    
prop]ties )9 ! risk classification ^u ! 
comm5cem5t ( su* #ab-mon? p]iod2  2     

7#f7 9 p>agraph 7#c7 7z s r$esignat$ by 
p>agraph 7#d7 ( ?is section71 by /rik+  
#bj p]c5t & ins]t+ #ae p]c5t2 &  7#g7 9 
p>agraph 7#d7 7z s r$esignat$7 by       
p>agraph 7#d7 ( ?is section71 by /rik+  
p>agraph 7#a7 & ins]t+ p>agraph 7#c74   
#f4 ,cl>ification ( rates = prop]ties   
newly mapp$ into areas ) special flood  
haz>ds ,section #acjh ( ! ,national     
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djae71 z am5d$ by ! prec$+   
provisions ( ?is ,act1 is fur!r am5d$ by
 add+ at ! end ! foll[+ new subsection3 
7i7 ,rates = prop]ties newly mapp$ into 
areas ) special flood haz>ds ,not)/&+   
subsection 7f71 ! premium rate = flood  
insurance "u ?is title t is pur*as$ on  
or aft] ! date ( ! enactm5t ( ?is       
subsection--  7#a7 on a prop]ty locat$ 9
 an area n previ\sly designat$ z hav+   
special flood haz>ds & t1 pursuant to   
any issuance1 revision1 updat+1 or o!r  
*ange 9 a flood insurance map1 becomes  
designat$ z su* an area2 &  7#b7 :]e su*
 flood insurance premium rate is        

calculat$ "u subsection 7a77#a7 (       
section #acjg 7#db ,u4,s4,c4            
#djad7;a77#a771  %all = ! fir/ policy   
ye> be ! pref]r$ risk premium = !       
prop]ty & ^u r5ewal %all be calculat$ 9 
accordance ) subsection 7e7 ( ?is       
section until ! rate rea*es ! rate      
calculat$ "u subsection 7a77#a7 (       
section #acjg4  4  #g4 ,premiums &      
reports ,section #acjh ( ! ,national    
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djae71 z am5d$ by ! prec$+   
provisions ( ?is ,act1 is fur!r am5d$ by
 add+ at ! end ! foll[+ new subsection3 
7j7 ,premiums & reports ,9 sett+ premium
 risk rates1 9 addition to /riv+ to     
a*ieve ! objectives ( ?is title !       
,adm9i/rator %all also /rive to m9imize 
! numb] ( policies ) annual premiums t  
exce$ "o p]c5t ( ! total cov]age provid$
 by ! policy4 ,= any policies premiums t
 exce$ ?is "o p]c5t ?re%old1 !          
,adm9i/rator %all report su* exceptions 
to ! ,committee on ,f9ancial ,s]vices ( 
! ,h\se ( ,repres5tatives & ! ,committee

 on ,bank+1 ,h\s+1 & ,urban ,affairs ( !
 ,s5ate4  4  #h4 ,annual premium sur*>ge
  7a7 ,premium sur*>ge ,*apt] ,i ( !    
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djaa et seq47 is am5d$ 
by ins]t+ aft] section #acjh ! foll[+   
new section3  #acjh;,a4 ,premium sur*>ge
  7a7 ,imposition & collection ,!       
,adm9i/rator %all impose & collect an   
annual sur*>ge1 9 ! am\nt provid$ 9     
subsection 7b71 on all policies = flood 
insurance cov]age "u ! ,national ,flood 
,insurance ,program t are newly issu$ or
 r5ew$ aft] ! date ( ! enactm5t ( ?is   
section4 ,su* sur*>ge %all be 9 addition
 to ! sur*>ge "u section #acjd7;b7 & any
 o!r assessm5ts & sur*>ges appli$ to su*
 cov]age4  7b7 ,am\nt ,! am\nt ( !      
sur*>ge "u subsection 7a7 %all be--     
7#a7 #be1 except z provid$ 9 p>agraph   
7#b72 &  7#b7 #bej1 9 ! case ( a policy 
= any prop]ty t is--  7,a7 a            
non-resid5tial prop]ty2 or  7,b7 a      
resid5tial prop]ty t is n ! prim>y      
resid5ce ( an individual4  7c7          

,t]m9ation ,subsections 7a7 & 7b7 %all  
cease to apply on ! date on :i* !       
*>geable risk premium rate = flood      
insurance "u ?is title = ea* prop]ty    
cov]$ by flood insurance "u ?is title1  
o!r ?an prop]ties = :i* premiums are    
calculat$ "u subsection 7e7 or 7f7 (    
section #acjg or section #accf ( ?is    
,act 7#db ,u4,s4,c4 #djad1 #djef7 or "u 
section #ajjbcj ( ! ,bigg]t-,wat]s      
,flood ,insurance ,re=m ,act ( #bjab    
7#db ,u4,s4,c4 #djad note71 is n less   
?an ! applicable e/imat$ risk premium   
rate "u section #acjg7;a77#a7 = su*     
prop]ty4  4  7b7 ,deposit 9 ,res]ve     
,fund ,subsection 7c7 ( section #acaj;,a
 ( ! ,national ,flood ,insurance ,act ( 
#aifh 7#db ,u4,s4,c4 #djag;a7 is am5d$  
by add+ at ! end ! foll[+ new p>agraph3 
7#d7 ,deposit ( premium sur*>ges ,!     
,adm9i/rator %all deposit 9 ! ,res]ve   
,fund any sur*>ges collect$ pursuant to 
section #acjh;,a4  4  #i4 ,draft        
af=dability framework  7a7 ,9 g5]al ,!  
,adm9i/rator %all prep>e a draft        

af=dability framework t proposes to     
address1 via programmatic & regulatory  
*anges1 ! issues ( af=dability ( flood  
insurance sold "u ! ,national ,flood    
,insurance ,program1 includ+ issues     
id5tifi$ 9 ! af=dability /udy requir$ "u
 section #ajjbcf ( ! ,bigg]-,wat]s      
,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4      
#ieg74  7b7 ,crit]ia ,9 c>ry+ out !     
requirem5ts "u subsection 7a71 !        
,adm9i/rator %all consid] ! foll[+      
crit]ia3  7#a7 ,accurate communication  
to consum]s ( ! flood risk associat$ )  
_! prop]ties4  7#b7 ,t>get$ assi/ance to
 flood insurance policy hold]s bas$ on  
_! f9ancial ability to cont9ue to       
p>ticipate 9 ! ,national ,flood         
,insurance ,program4  7#c7 ,individual  
or community actions to mitigate ! risk 
( flood or l[] ! co/ ( flood insurance4 
7#d7 ,! impact ( increases 9 risk       
premium rates on p>ticipation 9 !       
,national ,flood ,insurance ,program4   
7#e7 ,! impact flood insurance rate map 

updates h on ! af=dability ( flood      
insurance4  7c7 ,deadl9e = submission ,n
 lat] ?an #ah mon?s aft] ! date on :i* !
 ,adm9i/rator submits ! af=dability /udy
 ref]r$ to 9 subsection 7a71 !          
,adm9i/rator %all submit to ! full      
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs & ! full ,committee on         
,appropriations ( ! ,s5ate & ! full     
,committee on ,f9ancial ,s]vices & !    
full ,committee on ,appropriations ( !  
,h\se ( ,repres5tatives ! draft         
af=dability framework requir$ "u        
subsection 7a74  7d7 ,int]ag5cy         
agreem5ts ,! ,adm9i/rator may ent] into 
an agreem5t ) ano!r ,f$]al ag5cy to--   
7#a7 complete ! af=dability /udy ref]r$ 
to 9 subsection 7a72 or  7#b7 prep>e !  
draft af=dability framework requir$ "u  
subsection 7a74  7e7 ,rule ( con/ruction
 ,no?+ 9 ?is section %all be con/ru$ to 
provide ! ,adm9i/rator ) ! au?ority to  
provide assi/ance to home[n]s bas$ on   
af=dability t 0 n available prior to !  
enactm5t ( ! ,bigg]t-,wat]s ,flood      

,insurance ,re=m ,act ( #bjab 7,public  
,law #aab-ada2 #abf ,/at4 #iaf74  #aj4  
,risk transf] ,section #acde ( !        
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djha7 is am5d$ by add+ 
at ! end ! foll[+ new subsection3  7e7  
,risk transf] ,! ,adm9i/rator may secure
 re9surance ( cov]age provid$ by ! flood
 insurance program f ! private          
re9surance & capital m>kets at rates &  
on t]ms det]m9$ by ! ,adm9i/rator to be 
reasonable & appropriate1 9 an am\nt    
suffici5t to ma9ta9 ! ability ( !       
program to pay claims4  4  #aa4 ,mon?ly 
in/allm5t paym5t = premiums  7a7 ,9     
g5]al ,subsection 7g7 ( section #acjh ( 
! ,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+ annually or mon?ly4 
7b7 ,implem5tation ,! ,adm9i/rator %all 
implem5t ! requirem5t "u section        
#acjh7;g7 ( ! ,national ,flood          
,insurance ,act ( #aifh1 z am5d$ by     
subsection 7a71 n lat] ?an ! expiration 

( ! #ah-mon? p]iod beg9n+ on ! date ( ! 
enactm5t ( ?is ,act4  #ab4 ,optional    
high-d$uctible policies = resid5tial    
prop]ties ,section #acjf ( ! ,national  
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djac771 z am5d$ by ! prec$+  
provisions ( ?is ,act1 is fur!r am5d$ by
 add+ at ! end ! foll[+ new subsection3 
7e7 ,optional high-,d$uctible policies =
 resid5tial prop]ties  7#a7             
,availability ,9 ! case ( resid5tial    
prop]ties1 ! ,adm9i/rator %all make     
flood insurance cov]age available1 at ! 
option ( ! insur$1 t provides = a       
loss-d$uctible = damage to ! cov]$      
prop]ty 9 v>i\s am\nts1 up to & includ+ 
#aj1jjj4  7#b7 ,disclosure  7,a7 ,=m ,! 
,adm9i/rator %all provide ! in=mation   
describ$ 9 subp>agraph 7,b7 cle>ly &    
conspicu\sly on ! application =m = flood
 insurance cov]age or on a sep>ate =m1  
segregat$ f all unrelat$ in=mation & o!r
 requir$ disclosures4  7,b7 ,in=mation  
,! in=mation describ$ 9 ?is subp>agraph 
is--  7i7 in=mation suffici5t to in=m ! 

applicant ( ! availability ( ! cov]age  
option requir$ by p>agraph 7#a7 to      
applicants = flood insurance cov]age2 & 
7ii7 a /atem5t expla9+ ! effect ( a     
loss-d$uctible & t1 9 ! ev5t ( an insur$
 loss1 ! insur$ is responsible          
out-(-pocket = losses to ! ext5t ( !    
d$uctible select$4  4  #ac4 ,exclusion (
 deta*$ /ructures f m&atory pur*ase     
requirem5t  7a7 ,exclusion ,subsection  
7c7 ( section #ajb ( ! ,flood ,disa/]   
,protection ,act ( #aigc 7#db ,u4,s4,c4 
#djab;a7c77 is am5d$ by add+ at ! end ! 
foll[+ new p>agraph3  7#c7 ,deta*$      
/ructures ,not)/&+ any o!r provision (  
?is section1 flood insurance %all n be  
requir$1 9 ! case ( any resid5tial      
prop]ty1 = any /ructure t is a "p ( su* 
prop]ty b is deta*$ f ! prim>y          
resid5tial /ructure ( su* prop]ty & does
 n s]ve z a resid5ce4  4  7b7 ,,respa   
/atem5t ,section #e7;b7 ( ! ,real ,e/ate
 ,settlem5t ,proc$ures ,act ( #aigd 7#ab
 ,u4,s4,c4 #bfjd7;b77 is am5d$--  7#a7 9
 p>agraph 7#ad71 by ins]t+ be=e ! p]iod 

at ! end ! foll[+3 1 & ! foll[+ /atem5t3
 ,al?\gh y may n be requir$ to ma9ta9   
flood insurance on all /ructures1 y may 
/ill wi% to d s1 & y\r mortgage l5d] may
 /ill require y to d s to protect !     
collat]al secur+ ! mortgage4 ,if y *oose
 to n ma9ta9 flood insurance on a       
/ructure1 & x floods1 y are responsible 
= all flood losses relat+ to t          
/ructure42 &  7#b7 by transf]r+ & ins]t+
 p>agraph 7#ad71 z s am5d$1 aft]        
p>agraph 7#ac74  #ad4 ,acc\nt+ = flood  
mitigation activities 9 e/imates (      
premium rates ,subp>agraph 7,a7 (       
section #acjg7;a77#a7 ( ! ,national     
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djad7;a77#a77;,a77 is am5d$  
to read z foll[s3  7,a7 bas$ on         
consid]ation (--  7i7 ! risk involv$ &  
accept$ actu>ial pr9ciples2 &  7ii7 !   
flood mitigation activities t an own] or
 lessee has und]tak5 on a prop]ty1      
includ+ diff]5ces 9 ! risk involv$ due  
to l& use measures1 floodpro(+1 flood   
=eca/+1 & simil> measures1  4  #ae4     

,home improvem5t fairness ,section      
#acjg7;a77#b77;,e77ii7 ( ! ,national    
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djad7;a77#b77;,e77ii77 is    
am5d$ by /rik+ #cj p]c5t & ins]t+ #ej   
p]c5t4  #af4 ,af=dability /udy & report 
7a7 ,/udy issues ,subsection 7a7 (      
section #ajjbcf ( ! ,bigg]t-,wat]s      
,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4 #ieg7
 is am5d$--  7#a7 9 p>agraph 7#c71 by   
/rik+ & at ! end2  7#b7 9 p>agraph 7#d71
 by /rik+ ! p]iod at ! end & ins]t+ a   
semicolon2 &  7#c7 by add+ at ! end !   
foll[+ new p>agraphs3  7#e7 options =   
ma9ta9+ af=dability if annual premiums =
 flood insurance cov]age 7 to increase  
to an am\nt great] ?an #b p]c5t ( !     
liability cov]age am\nt "u ! policy1    
includ+ options = enhanc$ mitigation    
assi/ance & means-te/$ assi/ance2  7#f7 
! effects t ! e/abli%m5t ( cata/rophe   
sav+s acc\nts w\ld h reg>d+ long-t]m    
af=dability ( flood insurance cov]age2 &
  7#g7 options = modify+ ! sur*>ge "u   

#acjh;,a1 includ+ bas$ on home[n]       
income1 prop]ty value or risk ( loss4  4
  7b7 ,tim+ ( submission ,not)/&+ !     
deadl9e "u section #ajjbcf7;c7 ( !      
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7,public ,law #aab-ada2    
#abf ,/at4 #ieg71 n lat] ?an #ah mon?s  
aft] ! date ( enactm5t ( ?is ,act1 !    
,adm9i/rator %all submit to ! full      
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs & ! full ,committee on         
,appropriations ( ! ,s5ate & ! full     
,committee on ,f9ancial ,s]vices & !    
full ,committee on ,appropriations ( !  
,h\se ( ,repres5tatives ! af=dability   
/udy & report requir$ "u su* section    
#ajjbcf4  7c7 ,af=dability /udy fund+   
,section #ajjbcf7;d7 ( ! ,bigg]t-,wat]s 
,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4 #ieg7
 is am5d$ by /rik+ #gej1jjj & ins]t+    
#b1ejj1jjj4  #ag4 ,flood insurance rate 
map c]tification ,! ,adm9i/rator %all   
implem5t a flood mapp+ program = !      
,national ,flood ,insurance ,program1   

only aft] review by ! ,te*nical ,mapp+  
,advisory ,c\ncil1 t1 :5 appli$1 results
 9 te*nically cr$ible flood haz>d data 9
 all areas :]e ,flood ,insurance ,rate  
,maps are prep>$ or updat$1 %all c]tify 
9 writ+ to ! ,congress :5 su* a program 
has be5 implem5t$1 & %all provide to !  
,congress ! ,te*nical ,mapp+ ,advisory  
,c\ncil review report4  #ah4 ,funds to  
reimburse home[n]s = successful map     
appeals  7a7 ,9 g5]al ,section #acfc7;f7
 ( ! ,national ,flood ,insurance ,act ( 
#aifh 7#db ,u4,s4,c4 #dajd7;f77 is      
am5d$--  7#a7 9 ! fir/ s5t5ce1 by ins]t+
 aft] z ! case may be1 ! foll[+3 or1 9 !
 case ( an appeal t is resolv$ by       
submission ( conflict+ data to !        
,sci5tific ,resolution ,panel provid$ = 
9 section #acfc;,a1 ! community12 &     
7#b7 by /rik+ ! second s5t5ce & ins]t+ !
 foll[+3 ,! ,adm9i/rator may use su*    
am\nts f ! ,national ,flood ,insurance  
,fund e/abli%$ "u section #acaj z may be
 necess>y to c>ry out ?is subsection44  
7b7 ,con=m+ am5dm5ts ,section #acaj7;a7 

( ! ,national ,flood ,insurance ,act (  
#aifh 7#db ,u4,s4,c4 #djag7;a77 is      
am5d$--  7#a7 9 p>agraph 7#f71 by /rik+ 
& at ! end2  7#b7 9 p>agraph 7#g71 by   
/rik+ ! p]iod at ! end & ins]t+ 2 &2 &  
7#c7 by add+ at ! end ! foll[+3  7#h7 = 
c>ry+ out section #acfc7;f74  4  #ai4   
,flood protection sy/ems  7a7 ,adequate 
progress on con/ruction ( flood         
protection sy/ems ,section #acjg7;e7 ( !
 ,national ,flood ,insurance ,act (     
#aifh 7#db ,u4,s4,c4 #djad7;e77 is      
am5d$--  7#a7 9 ! fir/ s5t5ce1 by ins]t+
 or recon/ruction aft] con/ruction2     
7#b7 by am5d+ ! second s5t5ce to read z 
foll[s3 ,! ,adm9i/rator %all f9d t      
adequate progress on ! con/ruction or   
recon/ruction ( a flood protection      
sy/em1 bas$ on ! pres5t value ( !       
complet$ flood protection sy/em1 has be5
 made only if3 7#a7 #ajj p]c5t ( ! co/ (
 ! sy/em has be5 au?oriz$2 7#b7 at lea/ 
#fj p]c5t ( ! co/ ( ! sy/em has be5     
appropriat$2 7#c7 at lea/ #ej p]c5t ( ! 
co/ ( ! sy/em has be5 exp5d$2 & 7#d7 !  

sy/em is at lea/ #ej p]c5t complet$42 & 
7#c7 by add+ at ! end ! foll[+3 ,not)/&+
 any o!r provision ( law1 9 det]m9+ :e!r
 a community has made adequate progress 
on ! con/ruction1 recon/ruction1 or     
improvem5t ( a flood protection sy/em1 !
 ,adm9i/rator %all consid] all s\rces ( 
fund+1 includ+ ,f$]al1 ,/ate1 & local   
funds44  7b7 ,communities re/or+        
disaccr$it$ flood protection sy/ems     
,section #acjg7;f7 ( ! ,national ,flood 
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djad7;f77 is am5d$ by am5d+ ! fir/     
s5t5ce to read z foll[s3 ,not)/&+ any   
o!r provision ( law1 ?is subsection %all
 apply to riv]9e & coa/al levees t are  
locat$ 9 a community :i* has be5 det]m9$
 by ! ,adm9i/rator ( ! ,f$]al ,em]g5cy  
,managem5t ,ag5cy to be 9 ! process (   
re/or+ flood protection af=d$ by a flood
 protection sy/em t _h be5 previ\sly    
accr$it$ on a ,flood ,insurance ,rate   
,map z provid+ #ajj-ye> frequ5cy flood  
protection b no long] does s1 & %all    
apply )\t reg>d to ! level ( ,f$]al     

fund+ ( or p>ticipation 9 ! con/ruction1
 recon/ruction1 or improvem5t ( ! flood 
protection sy/em44  #bj4 ,qu>t]ly       
reports reg>d+ ,res]ve ,fund ratio      
,subsection 7e7 ( section #acaj;,a ( !  
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djag;a7 is am5d$1 9 !  
matt] prec$+ p>agraph 7#a71 by ins]t+ 1 
on a cal5d> qu>t]ly basis1 aft] submit4 
#ba4 ,treatm5t ( floodpro($ resid5tial  
basem5ts ,! ,adm9i/rator %all cont9ue to
 ext5d exceptions & v>iances =          
flood-pro($ basem5ts consi/5t ) section 
#fj4f ( title #dd1 ,code ( ,f$]al       
,regulations1 :i* are effective ,april  
#c1 #bjji2 & section #fj4c ( su* title1 
:i* are effective ,april #c1 #bjji4     
#bb4 ,exemption f fees = c]ta9 map *ange
 reque/s ,not)/&+ any o!r provision (   
law1 a reque/] %all be exempt f submitt+
 a review or process+ fee = a reque/ = a
 flood insurance rate map *ange bas$ on 
a habitat re/oration project t is fund$ 
9 :ole or 9 "p ) ,f$]al or ,/ate funds1 
includ+ dam removal1 culv]t r$esign or  

in/allation1 or ! in/allation ( fi%     
passage4  #bc4 ,/udy ( volunt>y         
community-bas$ flood insurance options  
7a7 ,/udy  7#a7 ,/udy requir$ ,!        
,adm9i/rator %all conduct a /udy to     
assess options1 me?ods1 & /rategies =   
mak+ available volunt>y community-bas$  
flood insurance policies ?r\gh !        
,national ,flood ,insurance ,program4   
7#b7 ,consid]ations ,! /udy conduct$ "u 
p>agraph 7#a7 %all--  7,a7 take into    
consid]ation & analyze h[ volunt>y      
community-bas$ flood insurance          
policies--  7i7 w\ld affect communities 
hav+ v>y+ economic bases1 geographic    
locations1 flood haz>d *>act]i/ics or   
classifications1 & flood managem5t      
approa*es2 &  7ii7 c\ld satisfy !       
applicable requirem5ts "u section #ajb (
 ! ,flood ,disa/] ,protection ,act (    
#aigc 7#db ,u4,s4,c4 #djab;a72 &  7,b7  
evaluate ! advisability ( mak+ available
 volunt>y community-bas$ flood insurance
 policies to communities1 subdivisions (
 communities1 & areas ( residual risk4  

7#c7 ,consultation ,9 conduct+ ! /udy   
requir$ "u p>agraph 7#a71 ! ,adm9i/rator
 may consult ) ! ,comptroll] ,g5]al ( ! 
,unit$ ,/ates1 z ! ,adm9i/rator det]m9es
 is appropriate4  7b7 ,report by !      
,adm9i/rator  7#a7 ,report requir$ ,n   
lat] ?an #ah mon?s aft] ! date (        
enactm5t ( ?is ,act1 ! ,adm9i/rator %all
 submit to ! ,committee on ,bank+1      
,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! 
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives a report t      
conta9s ! results & conclusions ( ! /udy
 conduct$ "u subsection 7a74  7#b7      
,cont5ts ,! report submitt$ "u p>agraph 
7#a7 %all include recomm5dations =--    
7,a7 ! be/ mann] to incorporate volunt>y
 community-bas$ flood insurance policies
 into ! ,national ,flood ,insurance     
,program2 &  7,b7 a /rategy to implem5t 
volunt>y community-bas$ flood insurance 
policies t w\ld enc\rage communities to 
und]take flood mitigation activities1   
includ+ ! con/ruction1 recon/ruction1 or
 improvem5t ( levees1 dams1 or o!r flood

 control /ructures4  7c7 ,report by     
,comptroll] ,g5]al ,n lat] ?an #f mon?s 
aft] ! date on :i* ! ,adm9i/rator       
submits ! report requir$ "u subsection  
7b71 ! ,comptroll] ,g5]al ( ! ,unit$    
,/ates %all--  7#a7 review ! report     
submitt$ by ! ,adm9i/rator2 &  7#b7     
submit to ! ,committee on ,bank+1 ,h\s+1
 & ,urban ,affairs ( ! ,s5ate & !       
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives a report t      
conta9s--  7,a7 an analysis ( ! report  
submitt$ by ! ,adm9i/rator2  7,b7 any   
comm5ts or recomm5dations ( !           
,comptroll] ,g5]al relat+ to ! report   
submitt$ by ! ,adm9i/rator2 &  7,c7 any 
o!r recomm5dations ( ! ,comptroll]      
,g5]al relat+ to community-bas$ flood   
insurance policies4  #bd4 ,designation (
 flood insurance advocate  7a7 ,9 g5]al 
,! ,adm9i/rator %all designate a ,flood 
,insurance ,advocate to advocate = !    
fair treatm5t ( policy hold]s "u !      
,national ,flood ,insurance ,program &  
prop]ty own]s 9 ! mapp+ ( flood haz>ds1 

! id5tification ( risks f flood1 & !    
implem5tation ( measures to m9imize !   
risk ( flood4  7b7 ,duties &            
responsibilities ,! duties &            
responsibilities ( ! ,flood ,insurance  
,advocate designat$ "u subsection 7a7   
%all be to--  7#a7 educate prop]ty own]s
 & policyhold]s "u ! ,national ,flood   
,insurance ,program on--  7,a7          
individual flood risks2  7,b7 flood     
mitigation2  7,c7 measures to r$uce     
flood insurance rates ?r\gh effective   
mitigation2  7,d7 ! flood insurance rate
 map review & am5dm5t process2 &  7,e7  
any *anges 9 ! flood insurance program z
 a result ( any newly enact$ laws       
7includ+ ?is ,act72  7#b7 assi/ policy  
hold]s "u ! ,national ,flood ,insurance 
,program & prop]ty own]s to und]/& !    
proc$ural requirem5ts relat$ to appeal+ 
prelim9>y flood insurance rate maps &   
implem5t+ measures to mitigate evolv+   
flood risks2  7#c7 assi/ 9 ! developm5t 
( regional capacity to respond to       
individual con/itu5t conc]ns ab\t flood 

insurance rate map am5dm5ts & revisions2
  7#d7 coord9ate outrea* & education )  
local (ficials & community lead]s 9     
areas impact$ by propos$ flood insurance
 rate map am5dm5ts & revisions2 &  7#e7 
aid pot5tial policy hold]s "u !         
,national ,flood ,insurance ,program 9  
obta9+ & v]ify+ accurate & reliable     
flood insurance rate in=mation :5       
pur*as+ or r5ew+ a flood insurance      
policy4  #be4 ,exceptions to escr[      
requirem5t = flood insurance paym5ts    
7a7 ,9 g5]al ,section #ajb7;d77#a7 ( !  
,flood ,disa/] ,protection ,act ( #aigc 
7#db ,u4,s4,c4 #djab;a7d77#a77 is       
am5d$--  7#a7 9 subp>agraph 7,a71 9 !   
second s5t5ce1 by /rik+ subp>agraph 7,c7
 & ins]t+ subp>agraph 7,b72 &  7#b7 9   
subp>agraph 7,b7--  7,a7 9 clause 7ii71 
by r$esignat+ subclauses 7,i7 & 7,,ii7 z
 items 7aa7 & 7bb71 respectively1 &     
adju/+ ! m>g9s accord+ly2  7,b7 by      
r$esignat+ clauses 7i7 & 7ii7 z         
subclauses 7,i7 & 7,,ii71 respectively1 
& adju/+ ! m>g9s accord+ly2  7,c7 9 !   

matt] prec$+ subclause 7,i71 z          
r$esignat$ by subp>agraph 7,b71 by /rik+
 7,a7 or 7,b71 if-- & ins]t+ ! foll[+3  
87,a7--  7i7 if--  2  7,d7 by /rik+ !   
p]iod at ! end & ins]t+ 2 or2 &  7,e7 by
 add+ at ! end ! foll[+  7ii7 9 ! case (
 a loan t--  7,i7 is 9 a junior or      
subord9ate position to a s5ior li5      
secur$ by ! same resid5tial improv$ real
 e/ate or mobile home = :i* flood       
insurance is be+ provid$ at ! "t ( !    
orig9ation ( ! loan2  7,,ii7 is secur$  
by resid5tial improv$ real e/ate or a   
mobile home t is "p ( a condom9ium1     
coop]ative1 or o!r project developm5t1  
if ! resid5tial improv$ real e/ate or   
mobile home is cov]$ by a flood         
insurance policy t--  7aa7 meets !      
requirem5ts t ! regulat$ l5d+ in/itution
 is requir$ to en=ce "u subsection      
7b77#a72  7bb7 is provid$ by !          
condom9ium association1 coop]ative1     
home[n]s association1 or o!r applicable 
gr\p2 &  7cc7 ! premium = :i* is paid by
 ! condom9ium association1 coop]ative1  

home[n]s association1 or o!r applicable 
gr\p z a common exp5se2  7,,iii7 is     
secur$ by resid5tial improv$ real e/ate 
or a mobile home t is us$ z collat]al = 
a bus9ess purpose2  7,,iv7 is a home    
equity l9e ( cr$it2  7,v7 is a nonp]=m+ 
loan2 or  7,,vi7 has a t]m ( n long] ?an
 #ab mon?s4  4  7b7 ,applicability  7#a7
 ,9 g5]al  7,a7 ,requir$ application ,! 
am5dm5ts to section #ajb7;d77#a7 ( !    
,flood ,disa/] ,protection ,act ( #aigc 
7#db ,u4,s4,c4 #djab;a7d77#a77 made by  
section #ajjbji7;a7 ( ! ,bigg]t-,wat]s  
,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4 #ibj7
 & by subsection 7a7 ( ?is section %all 
apply to any loan t is orig9at$1        
ref9anc$1 increas$1 ext5d$1 or r5ew$ on 
or aft] ,janu>y #a1 #bjaf4  7,b7        
,optional application  7i7 ,def9itions  
,9 ?is subp>agraph--  7,i7 ! t]ms ,f$]al
 entity = l5d+ regulation1 improv$ real 
e/ate1 regulat$ l5d+ in/itution1 &      
s]vic] h ! mean+s giv5 ! t]ms 9 section 
#c ( ! ,flood ,disa/] ,protection ,act (

 #aigc 7#db ,u4,s4,c4 #djjc72  7,,ii7 ! 
t]m out/&+ loan means a loan t--  7aa7  
is out/&+ z ( ,janu>y #a1 #bjaf2  7bb7  
is n subject to ! requirem5t to escr[   
premiums & fees = flood insurance "u    
section #ajb7;d77#a7 ( ! ,flood ,disa/] 
,protection ,act ( #aigc 7#db ,u4,s4,c4 
#djab;a7d77#a77 z 9 effect on ,july #e1 
#bjab2 &  7cc7 w\ld1 if ! loan _h be5   
orig9at$1 ref9anc$1 increas$1 ext5d$1 or
 r5ew$ on or aft] ,janu>y #a1 #bjaf1 be 
subject to ! requirem5ts "u section     
#ajb7;d77#a77;,a7 ( ! ,flood ,disa/]    
,protection ,act ( #aigc1 z am5d$2 &    
7,,iii7 ! t]m section #ajb7;d77#a77;,a7 
( ! ,flood ,disa/] ,protection ,act (   
#aigc1 z am5d$ means section            
#ajb7;d77#a77;,a7 ( ! ,flood ,disa/]    
,protection ,act ( #aigc 7#db ,u4,s4,c4 
#djab;a7d77#a77;,a771 z am5d$ by--  7aa7
 section #ajjbji7;a7 ( ! ,bigg]t-,wat]s 
,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4      
#ibj72 &  7bb7 subsection 7a7 ( ?is     
section4  7ii7 ,option to escr[ flood   

insurance paym5ts ,ea* ,f$]al entity =  
l5d+ regulation 7aft] consultation &    
coord9ation ) ! ,f$]al ,f9ancial        
,in/itutions ,exam9ation ,c\ncil7 %all1 
by regulation1 direct t ea* regulat$    
l5d+ in/itution or s]vic] ( an out/&+   
loan %all (f] & make available to a     
borr[] ! option to h ! borr[]'s paym5t (
 premiums & fees = flood insurance "u ! 
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djja et seq471 includ+ 
! escr[ ( su* paym5ts1 be treat$ 9 !    
same mann] provid$ "u section           
#ajb7;d77#a77;,a7 ( ! ,flood ,disa/]    
,protection ,act ( #aigc1 z am5d$4  7#b7
 ,repeal ( #b-ye> delay on applicability
 ,subsection 7b7 ( section #ajjbji ( !  
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7,public ,law #aab-ada2    
#abf ,/at4 #ibj7 is repeal$4  7#c7 ,rule
 ( con/ruction ,no?+ 9 ?is section or ! 
am5dm5ts made by ?is section %all be    
con/ru$ to sup]s$e1 dur+ ! p]iod beg9n+ 
on ,july #f1 #bjab & end+ on ,decemb]   
#ca1 #bjae1 ! requirem5ts "u section    

#ajb7;d77#a7 ( ! ,flood ,disa/]         
,protection ,act ( #aigc 7#db ,u4,s4,c4 
#djab;a7d77#a771 z 9 effect on ,july #e1
 #bjab4  #bf4 ,flood mitigation me?ods =
 build+s  7a7 ,guidel9es  7#a7 ,9 g5]al 
,section #acfa ( ! ,national ,flood     
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#dajb7 is am5d$ by add+ at ! end !      
foll[+ new subsection3  7d7 ,flood      
mitigation me?ods = build+s ,!          
,adm9i/rator %all e/abli% guidel9es =   
prop]ty own]s t--  7#a7 provide         
alt]native me?ods ( mitigation1 o!r ?an 
build+ elevation1 to r$uce flood risk to
 resid5tial build+s t _c be elevat$ due 
to _! /ructural *>act]i/ics1 includ+--  
7,a7 types ( build+ mat]ials2 &  7,b7   
types ( floodpro(+2 &  7#b7 in=m prop]ty
 own]s ab\t h[ ! implem5tation (        
mitigation me?ods describ$ 9 p>agraph   
7#a7 may affect risk premium rates =    
flood insurance cov]age "u ! ,national  
,flood ,insurance ,program4  4  7#b7    
,issuance ,! ,adm9i/rator %all issue !  
guidel9es requir$ "u section #acfa7;d7 (

 ! ,national ,flood ,insurance ,act (   
#aifh 7#db ,u4,s4,c4 #dajb7;d771 z add$ 
by ! am5dm5t made by p>agraph 7#a7 ( ?is
 subsection1 n lat] ?an ! expiration ( !
 #a-ye> p]iod beg9n+ on ! date ( !      
enactm5t ( ?is ,act4  7b7 ,calculation (
 risk premium rates ,section #acjh ( !  
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae71 z am5d$ by !    
prec$+ provisions ( ?is ,act1 is fur!r  
am5d$ by add+ at ! end ! foll[+ new     
subsection3  7k7 ,consid]ation (        
mitigation me?ods ,9 calculat+ ! risk   
premium rate *>g$ = flood insurance = a 
prop]ty "u ?is section1 ! ,adm9i/rator  
%all take into acc\nt ! implem5tation ( 
any mitigation me?od id5tifi$ by !      
,adm9i/rator 9 ! guidance issu$ "u      
section #acfa7;d7 7#db ,u4,s4,c4        
#dajb7;d774  4  #bg4 ,mapp+ (           
non-/ructural flood mitigation features 
,section #ajjbaf ( ! ,bigg]t-,wat]s     
,flood ,insurance ,re=m ,act ( #bjab    
7#db ,u4,s4,c4 #daja;b7 is am5d$--  7#a7
 9 subsection 7b77#a77;,a7--  7,a7 9    

clause 7iv71 by /rik+ & at ! end2  7,b7 
by r$esignat+ clause 7v7 z clause 7vi72 
7,c7 by ins]t+ aft] clause 7iv7 ! foll[+
 new clause3  7v7 areas t are protect$  
by non-/ructural flood mitigation       
features2 &  2 &  7,d7 9 clause 7vi7 7z 
s r$esignat$71 by ins]t+ be=e !         
semicolon at ! end ! foll[+3 & by       
non-/ructural flood mitigation features2
 &  7#b7 9 subsection 7d77#a7--  7,a7 by
 r$esignat+ subp>agraphs 7,a7 ?r\gh 7,c7
 z subp>agraphs 7,b7 ?r\gh 7,d71        
respectively2  7,b7 9 subp>agraph 7,c7  
7z s r$esignat$71 by /rik+ subp>agraph  
7,a7 & ins]t+ subp>agraph 7,b72 &  7,c7 
by ins]t+ be=e subp>agraph 7,b7 7z s    
r$esignat$7 ! foll[+ new subp>agraph3   
7,a7 "w ) ,/ates1 local communities1 &  
prop]ty own]s to id5tify areas &        
features describ$ 9 subsection          
7b77#a77;,a77v72  4  #bh4 ,cle>         
communications ,section #acjh ( !       
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae71 z am5d$ by !    
prec$+ provisions ( ?is ,act1 is fur!r  

am5d$ by add+ at ! end ! foll[+ new     
subsection3  7l7 ,cle> communications ,!
 ,adm9i/rator %all cle>ly communicate   
full flood risk det]m9ations to         
individual prop]ty own]s reg>dless (    
:e!r _! premium rates are full actu>ial 
rates4  4  #bi4 ,protection ( small     
bus9esses1 non-pr(its1 h\ses ( wor%ip1 &
 resid5ces ,section #acjh ( ! ,national 
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djae71 z am5d$ by ! prec$+   
provisions ( ?is ,act1 is fur!r am5d$ by
 add+ at ! end ! foll[+ new subsection3 
7m7 ,protection ( small bus9esses1      
non-,pr(its1 h\ses ( wor%ip1 & resid5ces
  7#a7 ,report ,n lat] ?an #ah mon?s    
aft] ! date ( ! enactm5t ( ?is section &
 semiannually !reaft]1 ! ,adm9i/rator   
%all monitor & report to ,committee on  
,f9ancial ,s]vices ( ! ,h\se            
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate1 ! ,adm9i/rator's assessm5t ( !  
impact1 if any1 ( ! rate increases      
requir$ "u subp>agraphs 7,a7 & 7,d7 (   

section #acjg7;a77#b7 & ! sur*>ges      
requir$ "u section #acjh;,a on !        
af=dability ( flood insurance =--  7,a7 
small bus9esses ) less ?an #ajj         
employees2  7,b7 non-pr(it entities2    
7,c7 h\ses ( wor%ip2 &  7,d7 resid5ces )
 a value equal to or less ?an #be p]c5t 
( ! m$ian home value ( prop]ties 9 !    
,/ate 9 :i* ! prop]ty is locat$4  7#b7  
,recomm5dations ,if ! ,adm9i/rator      
det]m9es t ! rate increases or sur*>ges 
describ$ 9 p>agraph 7#a7 are hav+ a     
detrim5tal effect on af=dability1       
includ+ result+ 9 laps$ policies1 late  
paym5ts1 or o!r crit]ia relat$ to       
af=dability z id5tifi$ by !             
,adm9i/rator1 = any ( ! prop]ties       
id5tifi$ 9 subp>agraphs 7,a7 ?r\gh 7,d7 
( su* p>agraph1 ! ,adm9i/rator %all1 n  
lat] ?an #c mon?s aft] mak+ su* a       
det]m9ation1 make su* recomm5dations z !
 ,adm9i/rator consid]s appropriate to   
improve af=dability to ! ,committee on  
,f9ancial ,s]vices ( ! ,h\se            
,repres5tatives & ! ,committee on       

,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate4  4  #cj4 ,mapp+  ,section       
#ajjbaf7;d77#a7 ( ! ,bigg]t-,wat]s      
,flood ,insurance ,re=m ,act ( #bjab    
7#db ,u4,s4,c4 #daja;b7d77#a77 is       
am5d$--  7#a7 9 subp>agraph 7,b7--  7,a7
 by /rik+ subp>agraph 7,a7 & ins]t+     
subp>agraph 7,d72 &  7,b7 by /rik+ & at 
! end2  7#b7 by r$esignat+ subp>agraphs 
7,a71 7,b71 & 7,c7 z subp>agraphs 7,d71 
7,e71 & 7,g71 respectively2  7#c7 by    
ins]t+ be=e subp>agraph 7,b71 z s       
r$esignat$1 ! foll[+ new subp>agraphs3  
7,a7 be=e comm5cem5t ( any mapp+ or map 
updat+ process1 notify ea* community    
affect$ ( ! model or models t !         
,adm9i/rator plans to use 9 su* process 
& provide an explanation ( :y su* model 
or models are appropriate2  7,b7 provide
 ea* community affect$ a #cj-;day p]iod 
beg9n+ ^u notification "u subp>agraph   
7,a7 to consult ) ! ,adm9i/rator reg>d+ 
! appropriat5ess1 ) respect to su*      
community1 ( ! mapp+ model or models to 
be us$2 provid$ t consultation by a     

community pursuant to ?is subp>agraph   
%all n waive or o!rwise affect any "r ( 
! community to appeal any flood haz>d   
det]m9ations2  7,c7 ^u completion ( !   
fir/ ,indep5d5t ,data ,submission1      
transmit a copy ( su* ,submission to !  
affect$ community1 provide ! affect$    
community a #cj-;day p]iod dur+ :i* !   
community may provide data to           
,adm9i/rator t c be us$ to supplem5t or 
modify ! exi/+ data1 & incorporate any  
data t is consi/5t ) prevail+ eng9e]+   
pr9ciples2  2 &  7#d7 by ins]t+ aft]    
subp>agraph 7,e71 z s r$esignat$1 !     
foll[+ new subp>agraph3  7,f7 n less ?an
 #cj days be=e issuance ( any prelim9>y 
map1 notify ! ,s5ators = ea* ,/ate      
affect$ & ea* ,memb] ( ! ,h\se (        
,repres5tatives = ea* congressional     
di/rict affect$ by ! prelim9>y map 9    
writ+ (--  7i7 ! e/imat$ s*$ule =--     
7,i7 community meet+s reg>d+ ! prelim9>y
 map2  7,,ii7 publication ( notices     
reg>d+ ! prelim9>y map 9 local          
newspap]s2 &  7,,iii7 ! comm5cem5t ( !  

appeals process reg>d+ ! map2 &  7ii7 ! 
e/imat$ numb] ( homes & bus9esses t w be
 affect$ by *anges conta9$ 9 ! prelim9>y
 map1 includ+ h[ _m /ructures w be t 7 n
 previ\sly locat$ 9 an area hav+ special
 flood haz>ds w be locat$ )9 su* an area
 "u ! prelim9>y map2 &  4  #ca4         
,disclosure  7a7 ,*anges 9 rates result+
 f ?is ,act ,n lat] ?an ! date t is #f  
mon?s be=e ! date on :i* any *ange 9    
risk premium rates = flood insurance    
cov]age "u ! ,national ,flood ,insurance
 ,program result+ f ?is ,act or any     
am5dm5t made by ?is ,act is implem5t$1 !
 ,adm9i/rator %all make publicly        
available ! rate tables & und]writ+     
guidel9es t provide ! basis = ! *ange4  
7b7 ,report on policy & claims data     
7#a7 ,9 g5]al ,n lat] ?an #ij days aft] 
! date ( enactm5t ( ?is ,act1 !         
,adm9i/rator %all submit to ! ,congress 
a report on ! feasibility (--  7,a7     
releas+ prop]ty-level policy & claims   
data = flood insurance cov]age "u !     
,national ,flood ,insurance ,program2 & 

7,b7 e/abli%+ guidel9es = releas+       
prop]ty-level policy & claims data =    
flood insurance cov]age "u ! ,national  
,flood ,insurance ,program 9 accordance 
) section #eeb;a ( title #e1 ,unit$     
,/ates ,code 7commonly kn[n z ! ,privacy
 ,act ( #aigd74  7#b7 ,cont5ts ,! report
 submitt$ "u p>agraph 7#a7 %all         
include--  7,a7 an analysis & assessm5t 
( h[ releas+ prop]ty-level policy &     
claims data = flood insurance cov]age "u
 ! ,national ,flood ,insurance ,program 
w aid policy hold]s & insur]s to und]/& 
h[ ! ,adm9i/ration det]m9es actu>ial    
premium rates & assesses flood risks2 & 
7,b7 recomm5dations = protect+ p]sonal  
in=mation 9 accordance ) section #eeb;a 
( title #e1 ,unit$ ,/ates ,code         
7commonly kn[n z ! ,privacy ,act (      
#aigd74  ,pass$ ! ,h\se (               
,repres5tatives ,m>* #d1 #bjad4,k>5 ,l4 
,haas1,cl]k  ,m>* #f1 #bjad,read !      
second "t & plac$ on ! cal5d>