,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #fdcd  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #e1 #bjaf,mr4
 ,pallone 7= himself1 ,mr4 ,pascrell1 & 
,mr4 ,payne7 introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on         
,f9ancial ,s]vices  ,a ,,bill  ,to      
provide = m transp>5t & appropriate     
reimbursem5t ( insur]s p>ticipat+ 9 !   
,write ,y\r ,own program "u ! ,national 
,flood ,insurance ,program1 & = o!r     
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,flood ,insurance          
,reimbursem5t ,/&>ds ,transp>5cy ,cap   
,pr(its ,act ( #bjaf or ! ,,fir/ ,cap   
,pr(its ,act ( #bjaf 4  #b4             
,implem5tation ( ov]sight & exp5se      
reimbursem5t provisions = ,write ,y\r   
,own insur]s  7a7 ,me?odology & rulemak+
 ,n lat] ?an ! expiration ( ! #ab-mon?  
p]iod beg9n+ on ! date ( ! enactm5t (   
?is ,act1 ! ,adm9i/rator ( ! ,f$]al     
,em]g5cy ,managem5t ,ag5cy 79 ?is ,act  
ref]r$ to z ! ,adm9i/rator7 & ea*       
prop]ty & casualty insurance company    

p>ticipat+ 9 ! ,write ,y\r ,own program 
7z su* t]m is def9$ 9 section #ajjbjb ( 
! ,bigg]t-,wat]s ,flood ,insurance ,re=m
 ,act ( #bjab 7#db ,u4,s4,c4 #djjd771 z 
applicable1 %all comply ) & complete all
 requirem5ts "u subsections 7a7 ?r\gh   
7e7 ( section #ajjbbd ( ! ,bigg]t-,wat]s
 ,flood ,insurance ,re=m ,act ( #bjab   
7#db ,u4,s4,c4 #djha note71 z am5d$ by  
section #c7;a7 ( ?is ,act1 includ+ issu+
 a f9al rule "u subsection 7d7 ( su*    
section #ajjbbd1 not)/&+ any p]iod ( "t 
specifi$ 9 su* section #ajjbbd4 ,!      
,adm9i/rator %all take su* actions z may
 be necess>y to ensure su* compliance4  
7b7 ,,gao report ,p>agraph 7#a7 (       
section #ajjbbd7;f7 ( ! ,bigg]t-,wat]s  
,flood ,insurance ,re=m ,act ( #bjab    
7#db ,u4,s4,c4 #djha note7 is am5d$ by  
ins]t+ ( ?is section & section #b7;a7 ( 
! ,flood ,insurance ,reimbursem5t ,/&>ds
 ,transp>5cy ,cap ,pr(its ,act ( #bjaf  
be=e ! fir/ comma4  #c4 ,,wyo           
reimbursem5t me?odology  7a7 ,limitation
 on reimbursem5ts ,subsection 7b7 (     

section #ajjbjd ( ! ,bigg]t-,wat]s      
,flood ,insurance ,re=m ,act ( #bjab    
7#db ,u4,s4,c4 #djha note7 is am5d$ by  
add+ aft] & bel[ p>agraph 7#c7 ! foll[+3
  ,any su* me?odology develop$ %all     
provide t su* reimbursem5ts = any       
prop]ty & casualty insur] = sell+1      
writ+1 & s]vic+ flood insurance         
policies1 & adju/+ flood insurance      
claims1 includ+ any all[ances = pr(it1  
%all n 9 any case exce$ #aaj p]c5t ( !  
aggregate am\nt ( su* actual exp5ses ( !
 insur]4 4  7b7 ,submission ( me?odology
 to ,congress ,n lat] ?an ! expiration (
 ! #ij-;day p]iod beg9n+ on ! date ( !  
enactm5t ( ?is ,act1 ! ,adm9i/rator %all
 submit to ! ,congress ! me?odology     
requir$ to be develop$ "u section       
#ajjbbd7;b7 ( ! ,bigg]t-,wat]s ,flood   
,insurance ,re=m ,act ( #bjab 7#db      
,u4,s4,c4 #djha note71 z am5d$ by       
subsection 7a7 ( ?is subsection1 or1 if 
su* me?odology has n be5 complet$ z ( ! 
"t ( su* submission1 ! me?odology to !  
ext5t s complet$ & all in=mation 9 !    

possession ( ! ,adm9i/rator reg>d+ !    
developm5t ( su* me?odology4  #d4       
,noncompliance  7a7 ,tim+ = compliance  
,if-- 7#a7 ^u ! expiration ( ! #ab-mon? 
p]iod ref]r$ to section #b7;a7 ( ?is    
,act1 ! ,adm9i/rator has n issu$ ! f9al 
rule requir$ "u su* section #b7;a71 or  
7#b7 ^u ! expiration ( ! #ij-;day p]iod 
ref]r$ to 9 section #c7;b7 ( ?is ,act1 !
 ,adm9i/rator has n submitt$ to !       
,congress ! me?odology requir$ "u su*   
section #c7;b71  subsection 7b7 ( ?is   
section %all take effect & %all apply   
until su* f9al rule has be5 issu$ or su*
 me?odology has be5 submitt$1 z ! case  
may be4  7b7 ,limitations ,dur+ any     
p]iod t ?is subsection is 9 effect--    
7#a7 ! ,adm9i/rator may n reimburse1 or 
o!rwise provide any all[ance1 paym5t1 or
 comp5sation = sell+1 writ+1 or s]vic+  
flood insurance policies1 or adju/+     
flood insurance claims1 includ+ any     
all[ance = pr(it1 to any prop]ty &      
casualty insurance company p>ticipat+ 9 
! ,write ,y\r ,own program & %all )hold 

all am\nts = su* reimbursem5ts1         
all[ance1 paym5ts1 & comp5sation2 &     
7#b7 any claim "u a flood insurance     
policy s]vic$ by an insurance company   
p>ticipat+ 9 ! ,write ,y\r ,own program 
%all be adju/$ & s]vic$ only by a direct
 s]vic+ ag5t ( ! ,f$]al ,em]g5cy        
,managem5t ,ag5cy4  #e4 ,aw>d ( co/s (  
litigation 9 cases ( ,,wyo fraud        
,section #acde ( ! ,national ,flood     
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djhc7 is am5d$ by add+ at ! end !      
foll[+ new subsection3  7f7 ,aw>d ( co/s
 ( litigation 9 cases ( ,,wyo fraud ,if 
! pla9tiff prevails 9 any civil action =
 fraud or misrepres5tation by any       
insurance company occurr+ 9 ! c\rse (   
its p>ticipation 9 ! ,write ,y\r ,own   
program 7z su* t]m is def9$ 9 section   
#ajjbjb ( ! ,bigg]t-,wat]s ,flood       
,insurance ,re=m ,act ( #bjab 7#db      
,u4,s4,c4 #djjd771 ! c\rt %all aw>d co/s
 ( litigation 7includ+ reasonable       
attorney & exp]t witness fees7 to !     
pla9tiff4  4