,i #aac? ,,congress #b;d ,session ,h4 ,r4 #deeh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #a1 #bjad ,mr4 ,ross 7= himself & ,mr4 ,murphy ( ,florida7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to cl>ify ! au?ority ( ,/ates to regulate private flood insurance cov]age4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,flood ,insurance ,m>ket ,p>ity & ,mod]nization ,act ( #bjad4 #b4 ,au?ority ( ,/ates to regulate private flood insurance ,p>agraph 7#g7 ( section #ajb7;b7 ( ! ,flood ,disa/] ,protection ,act ( #aigc 7#db ,u4,s4,c4 #djab;a7b77#g77 is am5d$ to read z foll[s3 7#g7 ,private flood insurance def9$ ,9 ?is subsection1 ! t]m private flood insurance means an insurance policy t-- 7,a7 provides flood insurance cov]age2 7,b7 is issu$ by an insurance company t is-- 7i7 lic5s$1 admitt$1 or o!rwise approv$ to engage 9 ! bus9ess ( insurance 9 ! ,/ate or jurisdiction 9 :i* ! insur$ build+ is locat$1 by ! insurance regulator ( t ,/ate or jurisdiction2 or 7ii7 eligible z a nonadmitt$ insur] to provide insurance 9 ! ,/ate or jurisdiction :]e ! prop]ty to be insur$ is locat$1 9 accordance ) sections #eba ?r\gh #ebg ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act 7#ae ,u4,s4,c4 #hbja-f72 & 7,c7 is issu$ by an insurance company t is n o!rwise disapprov$ z a surplus l9es insur] by ! insurance regulator ( ! ,/ate or jurisdiction :]e ! prop]ty to be insur$ is locat$ 4