,,ii #aac? ,,congress #b;d ,session ,s4 #bcha ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #bb1 #bjad ,mr4 ,hell] 7= himself & ,mr4 ,te/]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to cl>ify t any private flood insurance policy accept$ by a ,/ate %all satisfy ! m&atory pur*ase requirem5t "u ! ,flood ,disa/] ,protection ,act ( #aigc4 #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$1 9 accordance ) sections #eba ?r\gh #ebg ( ! ,dodd-,frank ,wall ,/reet ,re=m & ,consum] ,protection ,act 7#ae ,u4,s4,c4 #hbja ?r\gh #hbjf72 & 7,c7 is issu$ 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 4