,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #cfic  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #aa1         
#bjac,mr4 ,cassidy 7= himself1 ,mr4     
,bu*anan1 ,mr4 ,ha/+s ( ,florida1 ,mr4  
,palazzo1 ,mr4 ,scalise1 ,mr4 ,rog]s (  
,alabama1 ,mr4 ,ross1 ,mr4 ,johnson (   
,ohio1 ,mr4 ,nug5t1 ,mr4 ,m>9o1 ,ms4    
,ca/or ( ,florida1 ,ms4 ,ros-,leht951   
,mr4 ,bilirakis1 ,mr4 ,cr5%aw1 & ,mr4   
,s\!rl&7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to cl>ify !       
application ( ! ,bigg]t-,wat]s ,flood   
,insurance ,re=m ,act ( #bjab to premium
 rates = c]ta9 prop]ties1 & = o!r       
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,flood ,insurance ,relief &
 ,transp>5cy ,act ( #bjac4  #b4 ,delay$ 
effective date = premium rate increases 
= prop]ties subject to map revisions or 
updates  7a7 ,delay ,not)/&+ any o!r    
provision ( law1 any *ange 9 risk       
premium rates = flood insurance "u !    
,national ,flood ,insurance ,program    

o!rwise result+ f ! am5dm5t made by     
section #ajjbjg ( ! ,bigg]t-,wat]s      
,flood ,insurance ,re=m ,act ( #bjab    
7,public ,law #aab-ada2 #abf ,/at4 #iai7
 %all n take effect until ,m>* #a1      
#bjae4  7b7 ,disclosure ,n lat] ?an     
,octob] #a1 #bjad1 ! ,adm9i/rator ( !   
,f$]al ,em]g5cy ,managem5t ,ag5cy %all  
make publicly available all data affect+
 any *anges 9 risk premium rates = flood
 insurance cov]age "u ! ,national ,flood
 ,insurance ,program result+ f ! am5dm5t
 made by section #ajjbjg ( !            
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7,public ,law #aab-ada2    
#abf ,/at4 #iai74  7c7 ,effective date  
,subsection 7a7 %all take effect z if   
enact$ z "p ( ! ,bigg]t-,wat]s ,flood   
,insurance ,re=m ,act ( #bjab 7,public  
,law #aab-ada74  #c4 ,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$-- 7#a7 by     
/rik+ !re & ins]t+ am\nts n o!rwise     

obligat$ f ! ,national ,flood ,insurance
 ,fund2 &  7#b7 by /rik+ f ! ,national  
,flood ,insurance ,fund1 ( am\nts n     
o!rwise obligat$1 n m ?an #gej1jjj4  #d4
 ,mon?ly in/allm5t paym5ts = premiums   
,section #acjh ( ! ,national ,flood     
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7 is am5d$ by /rik+ subsection 7g7 
& ins]t+ ! foll[+ new subsection3  7g7  
,conditions = mon?ly paym5ts  7#a7      
,option ,not)/&+ any o!r provision (    
law1 ) respect to any *>geable risk     
premiums = flood insurance cov]age "u   
?is title1 ! ,adm9i/rator %all provide  
policyhold]s ) ! option ( pay+ su*      
premiums on an annual or mon?ly basis4  
7#b7 ,eligibility ,a policyhold] ( flood
 insurance cov]age "u ?is title %all be 
eligible to make mon?ly paym5ts (       
premiums only if all ( ! foll[+         
conditions are met3 7,a7 ,! policyhold] 
does n h ! option ( escr[+ premiums &   
fees = flood insurance z provid$ 9      
section #ajb7;d7 ( ! ,flood ,disa/]     
,protection ,act ( #aigc 7#db ,u4,s4,c4 

#djab;a7d774  7,b7 ,! policyhold] agrees
 to p]mit paym5t ( ! mon?ly premiums us+
 electronic fund transf] or automatic   
)drawals f a *eck+ acc\nt1 sav+s acc\nt1
 or cr$it c>d4  7,c7 ,^u a cov]$ loss   
occurr+ & a claim be+ pres5t$1 ! rema9+ 
premium ow$ = t policy t]m %all be      
d$uct$ 9 full f paym5ts made = t loss4  
7,d7 ,! policyhold] c]tifies t !        
policyhold] und]/&s ! paym5t t]ms &     
consequ5ces = nonpaym5t due to          
insuffici5t funds1 z provid$ "u ?is     
subsection4  7#c7 ,mon?ly paym5ts ,^u ! 
pur*ase or r5ewal ( flood insurance     
cov]age & pay+ ! premium on a mon?ly    
basis1 ! policyhold] %all pay no less   
?an #a_/ab ( ! total annual premium z ! 
initial paym5t at "t ( application or   
r5ewal1 & !n equal mon?ly paym5ts = !   
rema9+ #aa mon?s ( ! policy1 subject to 
p>agraph 7#b77;,c74  7#d7 ,additional   
premiums & adm9i/rative exp5ses ,!      
,adm9i/rator %all *>ge ! policyhold] an 
adm9i/rative fee to cov] ! op]at+ &     
adm9i/rative exp5ses to adm9i/] mon?ly  

premium paym5ts1 & ! ,adm9i/rator may   
factor into ! premiums to be paid by    
policyhold]s an appropriate am\nt (     
premium to cov] any increas$ risk t may 
arise f all[+ mon?ly in/allm5t paym5ts4 
7#e7 ,failure to make a paym5t ,^u !    
pur*ase or r5ewal ( a flood insurance   
policy1 ! ,adm9i/rator %all provide !   
policyhold] ) a paym5t s*$ule id5tify+ !
 date ! premium w be collect$ ?r\gh     
electronic fund transf] or automatic    
)drawals f a *eck+ acc\nt1 sav+s acc\nt1
 or cr$it c>d4 ,if !re are insuffici5t  
funds to cov] ! mon?ly premium paym5t   
due on ! date specifi$ 9 ! s*$ule or !  
requir$ paym5t is o!rwise n receiv$--   
7,a7 cov]age "u ! ,national ,flood      
,insurance ,program w imm$iately end    
effective ! foll[+ day at #ab3ja a4m42 &
  7,b7 ! policyhold] w no long] be      
eligible to make premium paym5ts on a   
mon?ly basis = an appropriate p]iod1 z  
id5tifi$ by ! ,adm9i/rator4  7#f7       
,implem5tation ,not)/&+ section #acjf   
7#db ,u4,s4,c4 #djac71 n lat] ?an !     

expiration ( ! #a-ye> p]iod beg9n+ on ! 
date ( enactm5t ( ?is subsection1 !     
,adm9i/rator may issue an endorsem5t to 
! ,resid5tial & ,g5]al ,/&>d ,flood     
,insurance ,policies to p]mit mon?ly    
paym5ts1 cancellation ( cov]age =       
non-paym5t1 & any o!r t]ms necess>y to  
implem5t ?is subsection4  4