,i #aacth ,,congress #b;d ,session ,h4 ,r4 #dceb ,,in ,,the ,,house ,,of ,,representatives ,april #a1 #bjad ,mr4 ,bilirakis 7for himself1 ,mr4 ,jolly1 ,ms4 ,castor of ,florida1 ,mr4 ,palazzo1 ,mr4 ,marino1 and ,mr4 ,rooney7 introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to require the ,government ,accountability ,office to conduct periodic reviews of the flood insurance rates and flood insurance rate maps under the national flood insurance program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,flood ,insurance ,integrity ,act of #bjad4 #b4 ,,gao reviews regarding flood insurance rates and rate maps 7a7 ,periodic review of rate tables ,during the #f-month period that begins #ab months after the date of the enactment of this ,act and every #d years thereafter1 the ,comptroller ,general of the ,united ,states shall conduct a review of the rate tables established by the ,federal ,emergency ,management ,agency for carrying out the national flood insurance program under the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djaa et seq47 and in effect at the time of such review1 and shall make a determination of whether-- 7#a7 the chargeable premium rates for flood insurance coverage determined by such tables are actuarially sound1 based on standard actuarial practices used in the private sector2 and 7#b7 such chargeable premium rates are sufficient to ensure the long-term financial sustainability of the national flood insurance program4 7b7 ,annual review of mapping process and rate maps ,during the #f-month period referred to in subsection 7a7 and annually thereafter1 the ,comptroller ,general1 in consultation with the ,united ,states ,geological ,survey of the ,department of the ,interior1 shall conduct a review of the process in effect at the time of such review for establishing and updating flood insurance rate maps under the national flood insurance program and shall make a determination of the degree of accuracy of such mapping process4 7c7 ,reports ,for each review conducted pursuant to subsection 7a7 or 7b71 the ,comptroller ,general shall submit to the ,congress a report describing the results of the review and the determinations made pursuant to the review4