,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #bhgd  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #ab1 #bjag,mr4  
,duffy introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to a*ieve re=ms to
 improve ! f9ancial /ability ( !        
,national ,flood ,insurance ,program1 to
 enhance ! developm5t ( m accurate      
e/imates ( flood risk ?r\gh new         
te*nology & bett] maps1 to increase !   
role ( private m>kets 9 ! managem5t (   
flood insurance risks1 & to provide =   
alt]native me?ods to insure aga9/ flood 
p]il1 & = o!r purposes4  #a4 ,%ort title
 & table ( cont5ts  7a7 ,%ort title ,?is
 ,act may be cit$ z ! #ba/ ,c5tury      
,flood ,re=m ,act4  7b7 ,table ( cont5ts
 ,! table ( cont5ts = ?is ,act is z     
foll[s3  ,sec4 #a4 ,%ort title & table (
 cont5ts4 ,title ,i--,policyhold]       
protections & in=mation ,sec4 #aja4     
,annual limitation on premium increases4
 ,sec4 #ajb4 ,flood insurance           
af=dability program4 ,sec4 #ajc4        

,disclosure ( premium me?odology4 ,sec4 
#ajd4 ,consid]ation ( coa/al & inl&     
locations 9 premium rates4 ,sec4 #aje4  
,mon?ly in/allm5t paym5t ( premiums4    
,sec4 #ajf4 ,enhanc$ cle> communication 
( flood risks4 ,sec4 #ajg4 ,availability
 ( flood insurance in=mation ^u reque/4 
,title ,,ii--,increas+ consum] *oice    
?r\gh private m>ket developm5t ,sec4    
#bja4 ,elim9ation ( non-compete         
requirem5t4 ,sec4 #bjb4 ,public         
availability ( program in=mation4 ,sec4 
#bjc4 ,refund ( premiums ^u cancellation
 ( policy because ( replacem5t ) private
 flood insurance4 ,sec4 #bjd4 ,,gao /udy
 ( flood damage sav+s acc\nts4 ,sec4    
#bje4 ,demon/ration program = flood     
damage sav+s acc\nts4 ,title            
,,iii--,mapp+ fairness ,sec4 #cja4 ,use 
( o!r risk assessm5t tools 9 det]m9+    
premium rates4 ,sec4 #cjb4 ,appeals     
reg>d+ exi/+ flood maps4 ,sec4 #cjc4    
,appeals & publication ( project$       
special flood haz>d areas4 ,sec4 #cjd4  
,communication & outrea* reg>d+ map     

*anges4 ,title ,,iv--,protect+ consum]s 
& individuals ?r\gh improv$ mitigation  
,sec4 #dja4 ,provision ( ,community     
,rat+ ,sy/em premium cr$its to maximum  
numb] ( communities practicable4 ,title 
,v--,program integrity ,sec4 #eja4      
,indep5d5t actu>ial review4 ,sec4 #ejb4 
,adju/m5ts to home[n] flood insurance   
af=dability sur*>ge4 ,sec4 #ejc4        
,national ,flood ,insurance ,res]ve     
,fund compliance4 ,sec4 #ejd4           
,designation & treatm5t ( multiple-loss 
prop]ties4 ,sec4 #eje4 ,elim9ation (    
cov]age = prop]ties ) excessive lifetime
 claims4 ,sec4 #ejf4 ,address+ tomorr['s
 high-risk /ructures today4 ,sec4 #ejg4 
,all[ance = ,write ,y\r ,own companies4 
,sec4 #ejh4 ,en=cem5t ( m&atory pur*ase 
requirem5ts4 ,sec4 #eji4 ,satisfaction (
 m&atory pur*ase requirem5t 9 ,/ates    
requir+ flood cov]age 9 all-p]ils       
policies4 ,sec4 #eaj4 ,flood insurance  
pur*ase requirem5ts4  ,i ,policyhold]   
protections & in=mation  #aja4 ,annual  
limitation on premium increases ,section

 #acjh7;e7 ( ! ,national ,flood         
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7;e77 is am5d$-- 7#a7 9 p>agraph   
7#a71 by /rik+ #ah p]c5t & ins]t+ #ae   
p]c5t2 &  7#b7 9 p>agraph 7#b71 by /rik+
 #e p]c5t & ins]t+ #h p]c5t4  #ajb4     
,flood insurance af=dability program    
,*apt] ,i ( ! ,national ,flood          
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djaa et seq47 is am5d$ by add+ at ! end
 ! foll[+ new section3  #acbf4 ,flood   
insurance af=dability program  7a7      
,au?ority ,! ,adm9i/rator %all c>ry out 
a program "u ?is section to provide     
f9ancial assi/ance1 ?r\gh ,/ate programs
 c>ri$ out by p>ticipat+ ,/ates1 =      
eligible l[-income h\seholds resid+ 9   
eligible prop]ties to pur*ase policies =
 flood insurance cov]age made available 
"u ?is title4  7b7 ,p>ticipation        
,p>ticipation 9 ! program "u ?is section
 %all be volunt>y on ! "p ( a ,/ate or  
consortium ( ,/ates4  7c7 ,/ate         
adm9i/ration ,ea* p>ticipat+ ,/ate %all 
delegate to a ,/ate ag5cy or nonpr(it   

organization ! responsibilities =       
adm9i/rat+ ! ,/ate's program "u ?is     
section4  7d7 ,eligible h\seholds  7#a7 
,9 g5]al ,dur+ any fiscal ye>1 assi/ance
 "u ! program "u ?is section may be     
provid$ only = a h\sehold t has an      
income1 z det]m9$ = su* fiscal ye> by ! 
p>ticipat+ ,/ate 9 :i* su* h\sehold     
resides1 t is less ?an ! income         
limitation e/abli%$ = su* fiscal ye> =  
purposes ( ! ,/ate program by !         
p>ticipat+ ,/ate1 except t--  7,a7      
assi/ance "u ! program "u ?is section   
may n be provid$ = a h\sehold hav+ a    
income t exce$s ! great] (--  7i7 !     
am\nt equal to #aej p]c5t ( ! pov]ty    
level = su* ,/ate2 or  7ii7 ! am\nt     
equal to #fj p]c5t ( ! m$ian income (   
h\seholds resid+ 9 su* ,/ate2 &  7,b7 a 
,/ate may n exclude a h\sehold f        
eligibility 9 a fiscal ye> solely on !  
basis ( h\sehold income if su* income is
 less ?an #aaj p]c5t ( ! pov]ty level = 
! ,/ate 9 :i* su* h\sehold resides4     
7#b7 ,/ate v]ification ( income         

eligibility ,9 v]ify+ income eligibility
 = purposes ( p>agraph 7#a71 !          
p>ticipat+ ,/ate may apply proc$ures &  
policies consi/5t ) proc$ures & policies
 us$ by ! ,/ate ag5cy adm9i/]+ programs 
"u "p ,a ( title ,,iv ( ! ,social       
,security ,act 7#db ,u4,s4,c4 #fja et   
seq471 "u title ,,xx ( ! ,social        
,security ,act 7#db ,u4,s4,c4 #acig et  
seq471 "u subtitle ,b ( title ,,vi ( !  
,omnibus ,budget ,reconciliation ,act ( 
#aiha 7#db ,u4,s4,c4 #iija et seq42     
relat+ to community s]vices block grant 
program71 "u any o!r provision ( law t  
c>ries out programs :i* 7 adm9i/]$ "u ! 
,economic ,opportunity ,act ( #aifd 7#db
 ,u4,s4,c4 #bgja et seq47 be=e ,augu/   
#ac1 #aiha1 or "u o!r income assi/ance  
or s]vice programs 7z det]m9$ by !      
,/ate74  7#c7 ,c]tification by ,/ate (  
eligibility h\seholds ,= ea* fiscal ye>1
 ea* p>ticipat+ ,/ate %all c]tify to !  
,adm9i/rator compliance ( h\seholds :o  
are to be provid$ assi/ance "u ! ,/ate  
program dur+ su* fiscal ye> ) ! income  

requirem5ts "u p>agraph 7#a74  7e7      
,eligible prop]ties ,assi/ance "u !     
program "u ?is section may be provid$   
only = a resid5tial prop]ty-- 7#a7 t has
 #d or few] resid5ces2  7#b7 t is own$ &
 occupi$ by an eligible h\sehold2  7#c7 
= :i* a base flood elevation is id5tifi$
 on a flood insurance rate map ( !      
,adm9i/rator t is 9 effect2  7#d7 = :i* 
su* o!r in=mation is available z !      
,adm9i/rator consid]s necess>y to       
det]m9e ! flood risk associat$ ) su*    
prop]ty2 &  7#e7 t is locat$ 9 a        
community t is p>ticipat+ 9 ! national  
flood insurance program4  7f7 ,types (  
assi/ance ,"u ! program "u ?is section1 
a p>ticipat+ ,/ate %all elect to provide
 f9ancial assi/ance = eligible h\seholds
 9 "o ( ! foll[+ =ms3  7#a7 ,limitation 
on rate increases ,by e/abli%+ a        
limitation on ! rate ( increases 9 !    
am\nt ( *>geable premiums paid by       
eligible h\seholds = flood insurance    
cov]age made available "u ?is title4    
7#b7 ,limitation on rates ,by e/abli%+ a

 limitation on ! am\nt ( *>geable       
premiums paid by eligible h\seholds =   
flood insurance cov]age made available  
"u ?is title4  7g7 ,notification to     
,,fema ,"u ! program "u ?is section1 a  
p>ticipat+ ,/ate %all1 on a fiscal ye>  
basis & at ! "t & 9 ! mann] provid$ by !
 ,adm9i/rator--  7#a7 id5tify = !       
,adm9i/rator ! eligible h\seholds resid+
 9 ! ,/ate :o are to be provid$         
assi/ance "u ! ,/ate program dur+ su*   
fiscal ye>2 &  7#b7 notify !            
,adm9i/rator ( ! type & levels (        
assi/ance elect$ "u subsection 7f7 to be
 provid$ "u ! ,/ate program ) respect to
 su* eligible h\seholds resid+ 9 !      
,/ate4  7h7 ,am\nt ( assi/ance ,"u !    
program "u ?is section1 9 ea* fiscal ye>
 ! ,adm9i/rator %all1 not)/&+ section   
#acjh1 make flood insurance cov]age     
available = pur*ase by h\seholds        
id5tifi$ z eligible h\seholds = su*     
fiscal ye> by a p>ticipat+ ,/ate        
pursuant to subsection 7e7 at *>geable  
premium rates t are disc\nt$ by an am\nt

 t is bas$ on ! type & levels (         
assi/ance elect$ pursuant to subsection 
7f7 by ! p>ticipat+ ,/ate = su* fiscal  
ye>4  7i7 ,bill+ /atem5t ,9 ! case ( an 
eligible h\sehold = :i* assi/ance "u !  
program "u ?is section is provid$ )     
respect to a policy = flood insurance   
cov]age1 ! annual bill+ /atem5t = su*   
policy %all include /atem5ts ( ! foll[+ 
am\nts3  7#a7 ,! e/imat$ risk premium   
rate = ! prop]ty "u section             
#acjg7;a77#a74  7#b7 ,if applicable1 !  
e/imat$ risk premium rate = ! prop]ty "u
 section #acjg7;a77#b74  7#c7 ,!        
*>geable risk premium rate = ! prop]ty  
tak+ into consid]ation ! disc\nt        
pursuant to subsection 7h74  7#d7 ,!    
am\nt ( ! disc\nt pursuant to subsection
 7h7 = ! prop]ty4  7#e7 ,! numb] & doll>
 value ( claims fil$ = ! prop]ty1 ov] ! 
life ( ! prop]ty1 "u a flood insurance  
policy made available "u ! ,program & ! 
effect1 "u ?is ,act1 ( fil+ any fur!r   
claims "u a flood insurance policy )    
respect to t prop]ty4  7j7 ,fund+ ?r\gh 

,/ate af=dability sur*>ges  7#a7        
,imposition & collection ,not)/&+       
section #acjh1 = ea* fiscal ye> 9 :i*   
flood insurance cov]age "u ?is title is 
made available = prop]ties 9 a          
p>ticipat+ ,/ate at *>geable premium    
rates t are disc\nt$ pursuant to        
subsection 7f71 ! ,adm9i/rator %all     
impose & collect a ,/ate af=dability    
sur*>ge on ea* policy = flood insurance 
cov]age = a prop]ty locat$ 9 su*        
p>ticipat+ ,/ate t is 7,a7 n a          
resid5tial prop]ty hav+ #d or few]      
resid5ces1 or 7,b7 is su* a resid5tial  
prop]ty b is own$ by a h\sehold t is n  
an eligible h\sehold = purposes ( su*   
fiscal ye>4  7#b7 ,am\nt ,! am\nt ( !   
,/ate af=dability sur*>ge impos$ dur+ a 
fiscal ye> on ea* su* policy = a prop]ty
 9 a p>ticipat+ ,/ate %all be--  7,a7   
suffici5t su* t ! aggregate am\nt ( all 
su* ,/ate af=dability sur*>ges impos$ on
 prop]ties 9 su* p>ticipat+ ,/ate dur+  
su* fiscal ye> is equal to ! aggregate  
am\nt by :i* all policies = flood       

insurance cov]age "u ?is title sold dur+
 su* fiscal ye> = prop]ties own$ by     
eligible h\seholds 9 ! p>ticipat+ ,/ate 
are disc\nt$ pursuant to subsection 7f72
 &  7,b7 ! same am\nt = ea* prop]ty 9 ! 
p>ticipat+ ,/ate be+ *>g$ su* a surplus4
  7k7 ,treatm5t ( o!r sur*>ges ,!       
provision ( assi/ance "u ! program "u   
?is section ) respect to any prop]ty &  
any limitation on premiums or premium   
increases pursuant to subsection 7f7 = !
 prop]ty %all n affect ! applicability  
or am\nt ( any sur*>ge "u section       
#acjh;,a = ! prop]ty1 ( any increase 9  
premiums *>g$ = ! prop]ty pursuant to   
section #acaj;,a7c71 or ( any equival5cy
 fee "u section #acjh;,b = ! prop]ty4   
7l7 ,def9itions ,= purposes ( ?is       
section1 ! foll[+ def9itions %all apply3
 7#a7 ,p>ticipat+ ,/ate ,! t]m          
p>ticipat+ ,/ate means1 ) respect to a  
fiscal ye>1 a ,/ate t is p>ticipat+ 9 ! 
program "u ?is section = su* fiscal ye>4
  7#b7 ,eligible h\sehold ,! t]m        
eligible h\sehold means1 ) respect to a 

fiscal ye> & a p>ticipat+ ,/ate1 a      
h\sehold t has an income t is less ?an !
 am\nt ( ! income limitation = ! fiscal 
ye> e/abli%$ = purposes ( ! ,/ate       
program ( su* p>ticipat+ ,/ate pursuant 
to subsection 7g77#a74  7#c7 ,pov]ty    
level ,! t]m pov]ty level' means1 )     
respect to a h\sehold 9 any ,/ate1 !    
income pov]ty l9e z prescrib$ & revis$  
at lea/ annually pursuant to section    
#fgc7b7 ( ! ,community ,s]vices ,block  
,grant ,act 7#db ,u4,s4,c4 #iijb7b771 z 
applicable to su* ,/ate4  7#d7 ,/ate ,! 
t]m ,/ate %all include a consortium (   
,/ates e/abli%$ = purposes ( adm9i/rat+ 
! program "u ?is section ) respect to ! 
memb] ,/ates ( ! consortium4  7#e7 ,/ate
 program ,! t]m ,/ate program means a   
program c>ri$ out 9 compliance ) ?is    
section by a p>ticipat+ ,/ate 9         
conjunction ) ! program "u ?is section (
 ! ,adm9i/rator4  7m7 ,regulations ,!   
,adm9i/rator %all issue su* regulations 
z may be necess>y to c>ry out ! program 
"u ?is section4  4  #ajc4 ,disclosure ( 

premium me?odology ,section #acjh ( !   
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae7 is am5d$ by add+ 
at ! end ! foll[+ new subsection3  7n7  
,disclosure ( premium me?odology  7#a7  
,disclosure ,six mon?s prior to !       
effective date ( risk premium rates1 !  
,adm9i/rator %all cause to be publi%$ 9 
! ,f$]al ,regi/] an explanation ( !     
bases =1 & me?odology us$ to det]m9e1 ! 
*>geable premium rates to be effective =
 flood insurance cov]age "u ?is title4  
7#b7 ,alignm5t ) indu/ry practices ,!   
disclosure requir$ "u p>agraph 7#a7     
%all1 to ! ext5t practicable1 be align$ 
) indu/ry patt]ns & practices & %all    
include in=mation & data recomm5d$ by ! 
,/ate insurance commission]s guidel9es  
on rate fil+s4  7#c7 ,public meet+s ,!  
,adm9i/rator %all1 on an annual basis1  
hold at lea/ "o public meet+ 9 ea* ( !  
geographical regions ( ! ,unit$ ,/ates1 
z def9$ by ! ,adm9i/rator = purposes ( !
 ,national ,flood ,insurance ,program1 =
 ! purpose ( expla9+ ! me?odology       

describ$ 9 p>agraph 7#a7 & answ]+       
que/ions & receiv+ comm5ts reg>d+ su*   
me?odology4 ,! ,adm9i/rator %all provide
 notice ( ea* su* public meet+ 9        
advance1 9 su* mann]1 & 9 us+ su* means 
z are reasonably design$ to notify      
int]e/$ p>ties & memb]s ( ! public ( !  
date & "t1 location1 & purpose ( su*    
meet+1 & ( h[ to submit que/ions or     
comm5ts4  4  #ajd4 ,consid]ation (      
coa/al & inl& locations 9 premium rates 
7a7 ,e/imates ( premium rates           
,subp>agraph 7,a7 ( section             
#acjg7;a77#a7 ( ! ,national ,flood      
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djad7;a77#a77;,a77 is am5d$--  7#a7 9  
clause 7i71 by /rik+ & at ! end2 &  7#b7
 by add+ at ! end ! foll[+ new clause3  
7iii7 ! diff]5ces 9 flood risk =        
prop]ties locat$ 9 coa/al areas &       
prop]ties locat$ inl&2 &  4  7b7        
,e/abli%m5t ( *>geable premium rates    
,p>agraph 7#a7 ( section #acjh7;b7 ( !  
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae7;b77#a77 is am5d$ 

by ins]t+ due to diff]5ces 9 flood risk 
= prop]ties locat$ 9 coa/al areas &     
prop]ties locat$ inl& & aft] includ+    
diff]5ces 9 risks4  7c7 ,revis$ rates ,n
 lat] ?an ! expiration ( ! two-ye> p]iod
 beg9n+ on ! date ( ! enactm5t ( ?is    
,act1 ! ,adm9i/rator ( ! ,f$]al ,em]g5cy
 ,managem5t ,ag5cy %all revise risk     
premium rates "u ! ,national ,flood     
,insurance ,program to implem5t !       
am5dm5ts made by ?is section4  #aje4    
,mon?ly in/allm5t paym5t ( premiums     
,subsection 7g7 ( section #acjh ( !     
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae7;g77 is am5d$--   
7#a7 by /rik+ ! subsection designation &
 all t foll[s ?r\gh ,) respect & ins]t+ 
! foll[+3  7g7 ,frequ5cy ( premium      
collection  7#a7 ,options ,) respect  2 
&  7#b7 by add+ at ! end ! foll[+ new   
p>agraph3  7#b7 ,mon?ly in/allm5t paym5t
 ( premiums  7,a7 ,exemption f rulemak+ 
,until su* "t z ! ,adm9i/rator          
promulgates regulations implem5t+       
p>agraph 7#a7 ( ?is subsection1 !       

,adm9i/rator may adopt policies &       
proc$ures1 not)/&+ any o!r provisions ( 
law & 9 alignm5t & consi/5t ) exi/+     
indu/ry escr[ & s]vic+ /&>ds1 necess>y  
to implem5t su* p>agraph )\t und]go+    
notice & comm5t rulemak+ & )\t conduct+ 
regulatory analyses o!rwise requir$ by  
/atute1 regulation1 or ,executive ord]4 
7,b7 ,in/allm5t plan fee ,! ,adm9i/rator
 may *>ge policyhold]s *oos+ to pay     
premiums 9 mon?ly in/allm5ts a fee n to 
exce$ #ej annually4  7,c7 ,pilot program
 ,! ,adm9i/rator may initially implem5t 
p>agraph 7#a7 ( ?is subsection z a pilot
 program t provides = a gradual phase-9 
( implem5tation4  4  #ajf4 ,enhanc$ cle>
 communication ( flood risks  7a7 ,9    
g5]al ,subsection 7l7 ( section #acjh ( 
! ,national ,flood ,insurance ,act (    
#aifh 7#db ,u4,s4,c4 #djae7l77 is am5d$ 
to read z foll[s3  7l7 ,cle>            
communications  7#a7 ,newly issu$ &     
r5ew$ policies ,= all policies = flood  
insurance cov]age "u ! ,national ,flood 
,insurance ,program t are newly issu$ or

 r5ew$1 ! ,adm9i/rator %all cle>ly      
communicate to policyhold]s--  7,a7 _!  
full flood risk det]m9ations1 reg>dless 
( :e!r _! premium rates are full        
actu>ial rates2 &  7,b7 ! numb] & doll> 
value ( claims fil$ = ! prop]ty1 ov] !  
life ( ! prop]ty1 "u a flood insurance  
policy made available "u ! ,program & ! 
effect1 "u ?is ,act1 ( fil+ any fur!r   
claims "u a flood insurance policy )    
respect to t prop]ty4  4  7b7 ,effective
 date ,subsection 7l7 ( section #acjh ( 
! ,national ,flood ,insurance ,act (    
#aifh1 z add$ by subsection 7a7 ( ?is   
section1 %all take effect beg9n+ ^u !   
expiration ( ! #ab-mon? p]iod t beg9s on
 ! date ( ! enactm5t ( ?is ,act4 ,su*   
subsection 7l71 z 9 effect imm$iately   
be=e ! am5dm5t made by p>agraph 7#a71   
%all apply dur+ su* #ab-mon? p]iod4     
#ajg4 ,availability ( flood insurance   
in=mation ^u reque/ ,section #acac ( !  
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djbj7 is am5d$-- 7#a7  
by ins]t+ 7a7 ,public in=mation &       

data4-- aft] ,sec4 #acac42 &  7#b7 by   
add+ at ! end ! foll[+ new subsection3  
7b7 ,availability ( flood insurance     
in=mation ^u reque/ ,n lat] ?an #cj days
 aft] a reque/ = su* in=mation by !     
curr5t own] ( a prop]ty1 ! ,adm9i/rator 
%all provide to ! own] any in=mation1   
includ+ hi/orical in=mation1 available  
to ! ,adm9i/rator on flood insurance    
program cov]age1 paym5t ( claims1 &     
flood damages = ! prop]ty at issue1 &   
any in=mation ! ,adm9i/rator has on :e!r
 ! prop]ty own] may be requir$ to       
pur*ase cov]age "u ! ,national ,flood   
,insurance ,program due to previ\s      
receipt ( ,f$]al disa/] assi/ance1      
includ+ assi/ance provid$ by ! ,small   
,bus9ess ,adm9i/ration1 ! ,dep>tm5t (   
,h\s+ & ,urban ,developm5t1 or ! ,f$]al 
,em]g5cy ,managem5t ,ag5cy1 or any o!r  
type ( assi/ance t subjects ! prop]ty to
 ! m&atory pur*ase requirem5t "u section
 #ajb ( ! ,flood ,disa/] ,protection    
,act ( #aigc 7#db ,u4,s4,c4 #djab;a74  4
  ,,ii ,increas+ consum] *oice ?r\gh    

private m>ket developm5t  #bja4         
,elim9ation ( non-compete requirem5t    
,section #acde ( ! ,national ,flood     
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djha7 is am5d$ by add+ at ! end !      
foll[+ new subsection3  7f7 ,au?ority   
,to provide o!r flood cov]age  7#a7 ,9  
g5]al ,! ,adm9i/rator may n1 z a        
condition ( p>ticipat+ 9 ! ,write ,y\r  
,own ,program 7z su* t]m is def9$ 9     
section #acgj7;a77 or 9 o!rwise         
p>ticipat+ 9 ! utilization by !         
,adm9i/rator ( ! facilities & s]vices ( 
insurance companies1 insur]s1 insurance 
ag5ts & brok]s1 & insurance adju/m5t    
organizations pursuant to ! au?ority 9  
?is section1 nor z a condition (        
eligibility to engage 9 any o!r         
activities "u ! ,national ,flood        
,insurance ,program "u ?is title1       
re/rict any su* company1 insur]1 ag5t1  
brok]1 or organization f (f]+ & sell+   
private flood insurance 7z su* t]m is   
def9$ 9 section #ajb7;b77#i7 ( ! ,flood 
,disa/] ,protection ,act ( #aigc 7#db   

,u4,s4,c4 #djab;a7b77#i7774  7#b7       
,f9ancial assi/ance_/subsidy arrangem5t 
,aft] ! date ( ! enactm5t ( ?is         
subsection-- 7,a7 ! ,adm9i/rator may n  
include 9 any agreem5t ent]$ into ) any 
insur] = p>ticipation 9 ! ,write ,y\r   
,own ,program any provision e/abli%+ a  
condition prohibit$ by p>agraph 7#a71   
includ+ ! provisions ( ,article ,,xiii (
 ! ,f$]al ,em]g5cy ,managem5t ,ag5cy1   
,f$]al ,insurance ,adm9i/ration1        
,f9ancial ,assi/ance_/,subsidy          
,arrangem5t1 z adopt$ pursuant to       
section #fb4bc7;a7 ( title #dd ( ! ,code
 ( ,f$]al ,regulations2 &  7,b7 any su* 
provision 9 any su* agreem5t ent]$ into 
be=e su* date ( enactm5t %all n h any   
=ce or effect1 & ! ,adm9i/rator may n   
take any action to en=ce su* provision4 
4  #bjb4 ,public availability ( program 
in=mation ,"p ,c ( *apt] ,,ii ( !       
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djha et seq47 is am5d$ 
by add+ at ! end ! foll[+ new section3  
#acdi4 ,public availability ( program   

in=mation  7a7 ,flood risk in=mation    
7#a7 ,9 g5]al ,except z provid$ 9       
p>agraph 7#b71 to facilitate ! ,national
 ,flood ,insurance ,program becom+ a    
s\rce ( in=mation & data = rese>* &     
developm5t ( te*nology t bett] und]/&s  
flood+1 ! risk ( flood+1 & !            
pr$ictability ( p]ils ( flood+1 !       
,adm9i/rator %all make publicly         
available all data1 models1 assessm5ts1 
analytical tools1 & o!r in=mation 9 !   
possession ( ! ,adm9i/rator relat+ to ! 
,national ,flood ,insurance ,program "u 
?is title t is us$ 9 assess+ flood risk 
or id5tify+ & e/abli%+ flood elevations 
& premiums1 includ+--  7,a7 data relat+ 
to risk on individual prop]ties & loss  
ratio in=mation & o!r in=mation id5tify+
 losses "u ! program2  7,b7 curr5t &    
hi/orical policy in=mation1 limit$ to ! 
am\nt & t]m only1 = prop]ties curr5tly  
cov]$ by flood insurance & = prop]ties t
 are no long] cov]$ by flood insurance2 
7,c7 curr5t & hi/orical claims          
in=mation1 limit$ to ! date & am\nt paid

 only1 = prop]ties curr5tly cov]$ by    
flood insurance & = prop]ties t are no  
long] cov]$ by flood insurance2  7,d7   
id5tification ( :e!r a prop]ty 0        
con/ruct$ be=e or aft] ! effective date 
( ! fir/ flood insurance rate map = a   
community2  7,e7 id5tification (        
prop]ties t h be5 mitigat$ ?r\gh        
elevation1 a buy\t1 or any o!r          
mitigation action2 &  7,f7 id5tification
 ( unmitigat$ multiple-loss prop]ties4  
7#b7 ,op5 s\rce data sy/em ,9 c>ry+ out 
p>agraph 7#a71 ! ,adm9i/rator %all      
e/abli% an op5 s\rce data sy/em by :i*  
all in=mation requir$ to be made        
publicly available by su* subsection may
 be access$ by ! public on an imm$iate  
basis by electronic means4  7b7         
,community in=mation ,n lat] ?an !      
expiration ( ! #ab-mon? p]iod beg9n+ ^u 
! date ( ! enactm5t ( ?is section1 !    
,adm9i/rator %all e/abli% & ma9ta9 a    
publicly se>*able database t provides   
in=mation ab\t ea* community p>ticipat+ 
9 ! ,national ,flood ,insurance         

,program1 :i* %all include ! foll[+     
in=mation3  7#a7 ,! /atus ( !           
community's compliance ) ! ,national    
,flood ,insurance ,program1 includ+ any 
f9d+s ( noncompliance1 ! /atus ( any    
en=cem5t actions initiat$ by a ,/ate or 
by ! ,adm9i/rator1 & ! numb] ( days (   
any su* cont9u+ noncompliance4  7#b7 ,! 
numb] ( prop]ties locat$ 9 ! community's
 special flood haz>d areas t 7 built    
be=e ! effective date ( ! fir/ flood    
insurance rate map = ! community4  7#c7 
,! numb] ( prop]ties locat$ 9 !         
community's special flood haz>d areas t 
7 built aft] ! effective date ( ! fir/  
flood insurance rate map = ! community4 
7#d7 ,! total numb] ( curr5t & hi/orical
 claims locat$ outside ! community's    
special flood haz>d areas4  7#e7 ,!     
total numb] ( multiple-loss prop]ties 9 
! community4  7#f7 ,! portion ( !       
community1 /at$ z a p]c5tage & 9 t]ms ( 
squ>e miles1 t is locat$ )9 special     
flood haz>d areas4  7c7 ,id5tification (
 prop]ties ,! in=mation provid$ pursuant

 to subsections 7a7 & 7b7 %all be bas$  
on data t id5tifies prop]ties at ! zip  
code or c5sus block level1 & %all       
include ! "n ( ! community & ,/ate 9 :i*
 a prop]ty is locat$4  7d7 ,protection (
 p]sonally id5tifiable in=mation ,!     
in=mation provid$ pursuant to           
subsections 7a7 & 7b7 %all be disclos$ 9
 a =mat t does n reveal individually    
id5tifiable in=mation ab\t prop]ty own]s
 9 accordance ) ! section #eeb;a ( title
 #e1 ,unit$ ,/ates ,code4  7e7          
,def9ition ( loss ratio ,= purposes (   
?is section1 ! t]m loss ratio means1 )  
respect to ! ,national ,flood ,insurance
 ,program1 ! ratio ( ! am\nt ( claims   
paid "u ! ,program to ! am\nt ( premiums
 paid "u ! ,program4  4  #bjc4 ,refund (
 premiums ^u cancellation ( policy      
because ( replacem5t ) private flood    
insurance ,section #acjf ( ! ,national  
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djac7 is am5d$ by add+ at !  
end ! foll[+ new subsection3  7e7       
,refund ( une>n$ premiums = policies    

cancel$ because ( replacem5t ) private  
flood insurance  7#a7 ,requir$ refund   
,subject to subsection 7c71 if at any "t
 an insur$ "u a policy = flood insurance
 cov]age = a prop]ty t is made available
 "u ?is title cancels su* policy because
 o!r duplicate flood insurance cov]age =
 ! same prop]ty has be5 obta9$ f a s\rce
 o!r ?an ! ,national ,flood ,insurance  
,program "u ?is title1 ! ,adm9i/rator   
%all refund to ! =m] insur$ a portion ( 
! premiums paid = ! cov]age made        
available "u ?is title1 z det]m9$       
consi/5t ) indu/ry practice accord+ to !
 portion ( ! t]m ( ! policy t su*       
cov]age 0 9 effect1 b only if a copy (  
decl>ations page ( ! new policy obta9$ f
 a s\rce o!r ?an ! program "u ?is title 
is provid$ to ! ,adm9i/rator4  7#b7     
,effective date ( cancellation ,=       
purposes ( ?is subsection1 a            
cancellation ( a policy = cov]age made  
available "u ! national flood insurance 
program "u ?is title1 = ! reason        
specifi$ 9 p>agraph 7#a71 %all be       

effective--  7,a7 on ! effective date ( 
! new policy obta9$ f a s\rce o!r ?an ! 
program "u ?is title1 if ! reque/ = su* 
cancellation 0 receiv$ by ! ,adm9i/rator
 be=e ! expiration ( ! #f-mon? p]iod    
beg9n+ on ! effective date ( ! new      
policy2 or  7,b7 on ! date ( ! receipt  
by ! ,adm9i/rator ( ! reque/ =          
cancellation1 if ! reque/ = su*         
cancellation 0 receiv$ by ! ,adm9i/rator
 aft] ! expiration ( ! #f-mon? p]iod    
beg9n+ on ! effective date ( ! new      
policy4  7#c7 ,prohibition ( refunds =  
prop]ties receiv+ increas$ co/ (        
compliance claims ,no premium am\nts    
paid = cov]age made available "u ?is    
title may be refund$ pursuant to ?is    
subsection--  7,a7 ) respect to cov]age 
= any prop]ty = :i* measures h be5      
implem5t$ us+ am\nts receiv$ pursuant to
 a claim "u increas$ co/ ( compliance   
cov]age made available pursuant to      
section #acjd7;b72 or  7,b7 if a claim  
has be5 paid or is p5d+ "u ! policy t]m 
= :i* ! refund is s\ght4  4  #bjd4 ,,gao

 /udy ( flood damage sav+s acc\nts  7a7 
,9 g5]al ,! ,comptroll] ,g5]al ( !      
,unit$ ,/ates %all conduct a /udy to    
analyze ! feasibility & effectiv5ess1 & 
problems involv$1 9 r$uc+ flood         
insurance premiums & elim9at+ ! ne$ =   
pur*ase ( flood insurance cov]age by    
au?oriz+ own]s ( resid5tial prop]ties to
 e/abli% flood damage sav+s acc\nts     
describ$ 9 subsection 7b7 9 lieu (      
comply+ ) ! m&atory requirem5ts "u      
section #ajb ( ! ,flood ,disa/]         
,protection ,act ( #aigc 7#db ,u4,s4,c4 
#djab;a7 to pur*ase flood insurance =   
su* prop]ties4  7b7 ,flood damage sav+s 
acc\nt ,a flood damage sav+s acc\nt     
describ$ 9 ?is subsection is a sav+s    
acc\nt-- 7#a7 t w\ld be e/abli%$ by an  
own] ( resid5tial prop]ty ) respect to  
su* prop]ty 9 accordance ) requirem5ts  
e/abli%$ by ! ,adm9i/rator ( ! ,f$]al   
,em]g5cy ,managem5t ,ag5cy2 &  7#b7 !   
proce$s ( :i* w\ld be available = use   
only to cov] losses to su* prop]ties    
result+ f flood+1 pursuant to adju/m5t (

 a claim = su* losses 9 ! same mann] &  
accord+ to ! same proc$ures z apply to  
claims = losses "u flood insurance      
cov]age made available "u ! ,national   
,flood ,insurance ,act ( #aifh4  7c7    
,issues ,su* /udy %all include an       
analysis (1 & recomm5dation reg>d+1 ea* 
( ! foll[+ issues3  7#a7 ,:e!r au?oriz+ 
! e/abli%m5t ( su* flood damage sav+s   
acc\nts w\ld be effective & effici5t 9  
r$uc+ flood insurance premiums1 elim9at+
 ! ne$ = pur*ase ( flood insurance      
cov]age made available "u ! ,national   
,flood ,insurance ,program1 & r$uc+     
risks to ! f9ancial safety & s\ndness ( 
! ,national ,flood ,insurance ,fund4    
7#b7 ,possible options = /ructur+ su*   
flood damage sav+s acc\nts1 includ+--   
7,a7 :at types ( in/itutions c\ld hold  
su* acc\nts & ! b5efits & problems ) ea*
 su* type ( in/itution2  7,b7           
consid]ations affect+ ! am\nts requir$  
to be held 9 su* acc\nts2 &  7,c7       
options reg>d+ consid]ations !          
conditions "u :i* su* an acc\nt may be  

t]m9at$4  7#c7 ,! feasibility &         
effectiv5ess1 & problems involv$ 91     
au?oriz+ ! ,adm9i/rator ( ! ,f$]al      
,em]g5cy ,managem5t ,ag5cy to make      
second>y flood insurance cov]age        
available "u ! ,national ,flood         
,insurance ,program to cov] ! portion ( 
flood losses or damages to prop]ties =  
:i* su* flood damage sav+s acc\nts h be5
 e/abli%$ t exce$ ! am\nts held 9 su*   
acc\nts4  7#d7 ,! b5efits & problems    
involv$ 9 au?oriz+ ! e/abli%m5t ( su*   
acc\nts = non-resid5tial prop]ties4  7d7
 ,report ,n lat] ?an ! expiration ( !   
#ab-mon? p]iod beg9n+ on ! date ( !     
enactm5t ( ?is ,act1 ! ,comptroll]      
,g5]al %all submit a report to !        
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives1 ! ,committee on
 ,bank+1 ,h\s+1 & ,urban ,affairs ( !   
,s5ate1 & ! ,adm9i/rator t sets =? !    
analysis1 conclusions1 & recomm5dations 
result+ f ! /udy "u ?is section4 ,su*   
report %all id5tify elem5ts t %\ld be   
tak5 into consid]ation by ! ,adm9i/rator

 9 design+ & c>ry+ out ! demon/ration   
program "u section #bje4  #bje4         
,demon/ration program = flood damage    
sav+s acc\nts  7a7 ,plan ,if !          
,comptroll] ,g5]al ( ! ,unit$ ,/ates    
concludes 9 ! report requir$ "u section 
#bjd t a demon/ration program "u ?is    
section is feasible & %\ld be consid]$1 
!n ! ,adm9i/rator ( ! ,f$]al ,em]g5cy   
,managem5t ,ag5cy %all1 n lat] ?an !    
expiration ( ! #ab-mon? p]iod beg9n+ ^u 
! submission ( ! report "u section      
#bjd7;d71 submit to ! ,committee on     
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives & ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate a plan & guidel9es = a           
demon/ration program1 to be c>ri$ out by
 ! ,adm9i/rator1 to demon/rate !        
feasibility & effectiv5ess ( au?oriz+ ! 
e/abli%m5t ( flood damage sav+s acc\nts1
 tak+ into consid]ation ! analysis1     
conclusions1 & recomm5dations includ$ 9 
su* report4  7b7 ,au?ority ,!           
,adm9i/rator ( ! ,f$]al ,em]g5cy        

,managem5t ,ag5cy %all c>ry out a       
program to demon/rate ! feasibility &   
effectiv5ess ( au?oriz+ ! e/abli%m5t (  
flood damage sav+s acc\nts 9 ! mann]    
provid$ 9 plan & guidel9es = !          
demon/ration program submitt$ pursuant  
to subsection 7a74  7c7 ,scope ,!       
demon/ration program "u ?is section %all
 provide = ! e/abli%m5t ( flood damage  
sav+s acc\nts ) respect to n m ?an #e   
p]c5t ( ! resid5tial prop]ties t h #d or
 few] resid5ces & t are cov]$ by flood  
insurance cov]age made available "u !   
,national ,flood ,insurance ,program4   
7d7 ,tim+ ,! ,adm9i/rator %all comm5ce !
 demon/ration program "u ?is section n  
lat] ?an ! expiration ( ! #ab-mon? p]iod
 beg9n+ ^u ! submission ( ! plan &      
guidel9es = ! demon/ration pursuant to  
subsection 7a74  7e7 ,geographical      
div]sity ,! ,adm9i/rator %all ensure t  
prop]ties = :i* flood damage sav+s      
acc\nts are e/abli%$ "u ! demon/ration  
are locat$ 9 div]se geographical areas  
?r\gh\t ! ,unit$ ,/ates4  7f7 ,report   

,^u ! expiration ( ! #b-ye> p]iod beg9n+
 ^u ! date ( ! comm5cem5t ( !           
demon/ration program "u ?is section1 !  
,adm9i/rator %all submit a report to !  
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate describ+ & assess+ !             
demon/ration1 & sett+ =? conclusions &  
recomm5dations reg>d+ cont9u+ & exp&+ ! 
demon/ration4  7g7 ,feasibility ,!      
,adm9i/rator %all implem5t ?is section  
only aft] det]m9+ t implem5tation is    
support$ by ! ,comptroll]'s conclusions 
& recomm5dations conta9$ 9 ! report     
requir$ "u section #bjd4  ,,iii ,mapp+  
fairness  #cja4 ,use ( o!r risk         
assessm5t tools 9 det]m9+ premium rates 
7a7 ,e/imates ( premium rates           
,subp>agraph 7,a7 ( section             
#acjg7;a77#a7 ( ! ,national ,flood      
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djad7;a77#a77;,a77 is am5d$--  7#a7 9  
clause 7i71 by /rik+ & at ! end2 &  7#b7
 by add+ at ! end ! foll[+ new clause3  

7iii7 bo? ! risk id5tifi$ by !          
applicable flood insurance rate maps &  
by o!r risk assessm5t data & tools1     
includ+ risk assessm5t models & scores f
 appropriate s\rces2 &  4  7b7          
,e/abli%m5t ( *>geable premium rates    
,p>agraph 7#a7 ( section #acjh7;b7 ( !  
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djae7;b77#a77 is am5d$ 
by ins]t+ be=e 2 & ! foll[+3 1 tak+ into
 acc\nt bo? ! risk id5tifi$ by !        
applicable flood insurance rate maps &  
by o!r risk assessm5t data & tools1     
includ+ risk assessm5t models & scores f
 appropriate s\rces4  7c7 ,effective    
date & regulations  7#a7 ,effective date
 ,! am5dm5ts made by subsections 7a7 &  
7b7 %all be made1 & %all take effect1 ^u
 ! expiration ( ! #cf-mon? p]iod beg9n+ 
on ! date ( ! enactm5t ( ?is ,act4  7#b7
 ,regulations ,! ,adm9i/rator ( ! ,f$]al
 ,em]g5cy ,managem5t ,ag5cy %all issue  
regulations necess>y to implem5t !      
am5dm5ts made by subsections 7a7 & 7b71 
:i* %all id5tify risk assessm5t data &  

tools to be us$ 9 id5tify+ flood risk & 
appropriate s\rces = risk assessm5t     
models & scores to be s us$4 ,su*       
regulations %all be issu$ n lat] ?an !  
expiration ( ! #cf-mon? p]iod beg9n+ on 
! date ( ! enactm5t ( ?is ,act & %all   
take effect ^u ! expiration ( su* p]iod4
  #cjb4 ,appeals reg>d+ exi/+ flood maps
  7a7 ,9 g5]al ,section #acfj ( !       
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #daja7 is am5d$ by add+ 
at ! end ! foll[+ new subsection3  7k7  
,appeals ( exi/+ maps  7#a7 ,"r to      
appeal ,subject to p>agraph 7#f71 a     
,/ate or local gov]nm5t1 or ! own] or   
lessee ( real prop]ty1 :o has made a    
=mal reque/ to ! ,adm9i/rator to update 
a flood map t ! ,adm9i/rator has d5i$   
may at any "t appeal su* a d5ial z      
provid$ 9 ?is subsection4  7#b7 ,basis =
 appeal ,! basis = appeal "u ?is        
subsection %all be ! possession ( k or  
in=mation t--  7,a7 ! base flood        
elevation level or designation ( any    
aspect ( a flood map is sci5tifically or

 te*nically inaccurate2 or  7,b7 factors
 exi/ t mitigate ! risk ( flood+1       
includ+ dit*es1 banks1 walls1           
vegetation1 levees1 lakes1 dams1        
res]voirs1 bas91 ret5tion ponds1 & o!r  
natural or manmade topographical        
features4  7#c7 ,appeals process  7,a7  
,adm9i/rative adjudication ,an appeal "u
 ?is subsection %all be det]m9$ by a    
f9al adjudication on ! record1 & aft]   
opportunity = an adm9i/rative he>+4     
7,b7 ,rights ^u adv]se decision ,if an  
appeal pursuant to subp>agraph 7,a7 does
 n result 9 a decision 9 favor ( !      
,/ate1 local gov]nm5t1 own]1 or lessee1 
su* p>ty may appeal ! adv]se decision to
 ! ,sci5tific ,resolution ,panel provid$
 = 9 section #acfc;,a1 :i* %all recomm5d
 a non-b9d+ decision to ! ,adm9i/rator4 
7#d7 ,relief  7,a7 ,:olly successful    
appeals ,9 ! case ( a successful appeal 
result+ 9 a policyhold]'s prop]ty be+   
remov$ f a special flood haz>d area1 su*
 policyhold] may cancel ! policy at any 
"t )9 ! curr5t policy ye>1 & !          

,adm9i/rator %all provide su*           
policyhold] a refund 9 ! am\nt ( any    
premiums paid = su* policy ye>1 plus any
 premiums paid = flood insurance cov]age
 t ! policyhold] 0 requir$ to pur*ase or
 ma9ta9 dur+ ! #b-ye> p]iod prec$+ su*  
policy ye>4  7,b7 ,p>tially successful  
appeals ,9 ! case ( any appeal 9 :i*    
mitigat+ factors 7 det]m9$ to h r$uc$1 b
 n elim9at$1 ! risk ( flood+1 !         
,adm9i/rator %all r$uce ! am\nt ( flood 
insurance cov]age requir$ to be ma9ta9$ 
= ! prop]ty conc]n$ by ! ratio ( !      
successful portion ( ! appeal z comp>$  
to ! entire appeal4 ,! ,adm9i/rator %all
 refund to ! policyhold] any paym5ts    
made 9 excess ( ! am\nt necess>y = su*  
new cov]age am\nt1 effective f ! "t :5 !
 mitigat+ factor 0 creat$ or ! beg9n+ ( 
! second policy ye> prec$+ ! det]m9ation
 ( ! appeal1 :i*ev] occurr$ lat]4  7,c7 
,additional relief ,! ,adm9i/rator may  
provide additional refunds 9 excess ( ! 
am\nts specifi$ 9 subp>agraphs 7,a7 &   
7,b7 if ! ,adm9i/rator det]m9es t su*   

additional am\nts are w>rant$4  7#e7    
,recov]y ( co/s ,:51 incid5t to any     
appeal :i* is successful 9 :ole or "p   
reg>d+ ! designation ( ! base flood     
elevation or any aspect ( ! flood map1  
includ+ elevation or designation ( a    
special flood haz>d area1 ! community1  
or ! own] or lessee ( real prop]ty1 z ! 
case may be1 incurs exp5se 9 connection 
) ! appeal1 includ+ s]vices provid$ by  
surveyors1 eng9e]s1 & sci5tific exp]ts1 
! ,adm9i/rator %all reimburse su*       
individual or community = reasonable    
exp5ses to an ext5t measur$ by ! ratio (
 ! successful portion ( ! appeal z      
comp>$ to ! entire appeal1 b n includ+  
legal s]vices1 9 ! effect+ ( an appeal  
bas$ on a sci5tific or te*nical error on
 ! "p ( ! ,f$]al ,em]g5cy ,managem5t    
,ag5cy4 ,no reimbursem5t %all be made by
 ! ,adm9i/rator 9 respect to any fee or 
exp5se paym5t1 ! paym5t ( :i* 0 agre$ to
 be cont+5t ^u ! result ( ! appeal4 ,!  
,adm9i/rator may use su* am\nts f !     
,national ,flood ,insurance ,fund       

e/abli%$ "u section #acaj z may be      
necess>y to c>ry out ?is p>agraph4  7#f7
 ,inapplicability to community flood    
maps ,?is subsection %all n apply )     
respect to any flood map t is 9 effect  
pursuant to c]tification "u ! /&>ds1    
guidel9es1 & proc$ures e/abli%$ pursuant
 to section #ajjbae7m77#a77;,b7 ( !     
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7#db ,u4,s4,c4             
#daja;a7m77#a77;,b774  7#g7 ,guidance ,!
 ,adm9i/rator %all issue guidance to    
implem5t ?is subsection1 :i* %all n be  
subject to ! notice & comm5t requirem5ts
 "u section #eec ( title #e1 ,unit$     
,/ates ,code4  4  7b7 ,deadl9e ,!       
,adm9i/rator ( ! ,f$]al ,em]g5cy        
,managem5t ,ag5cy %all issue ! guidance 
ref]r$ to section #acfj7k77#g7 ( !      
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #daja7k77#g771 z add$ by
 ! am5dm5t made by subsection 7a7 ( ?is 
section1 n lat] ?an ! expiration ( !    
#f-mon? p]iod beg9n+ on ! date ( !      
enactm5t ( ?is ,act4  #cjc4 ,appeals &  

publication ( project$ special flood    
haz>d areas  7a7 ,appeals ,section #acfc
 ( ! ,national ,flood ,insurance ,act ( 
#aifh 7#db ,u4,s4,c4 #dajd7 is am5d$--  
7#a7 9 subsection 7b71 by /rik+ ! second
 s5t5ce & ins]t+ ! foll[+3 ,any own] or 
lessee ( real prop]ty )9 ! community :o 
believes ! own]'s or lessee's rights to 
be adv]sely affect$ by ! ,adm9i/rator's 
propos$ det]m9ation may appeal su*      
det]m9ation to ! local gov]nm5t no lat] 
?an #ij days aft] ! date ( ! second     
publication42  7#b7 9 subsection 7d71 by
 /rik+ subsection 7e7 & ins]t+          
subsection 7f72  7#c7 by r$esignat+     
subsections 7e71 7f71 & 7g7 z           
subsections 7f71 7g71 & 7h71            
respectively2 &  7#d7 by ins]t+ aft]    
subsection 7d7 ! foll[+ new subsection3 
7e7 ,det]m9ation by ,adm9i/rator 9 !    
abs5ce ( appeals ,if ! ,adm9i/rator has 
n receiv$ any appeals1 ^u expiration ( !
 #ij-;day appeal p]iod e/abli%$ "u      
subsection 7b7 ( ?is section !          
,adm9i/rator's propos$ det]m9ation %all 

become f9al4 ,! community %all be giv5 a
 reasonable "t aft] ! ,adm9i/rator's    
f9al det]m9ation 9 :i* to adopt local l&
 use & control measures consi/5t ) !    
,adm9i/rator's det]m9ation4  4  7b7     
,publication ,subsection 7a7 ( section  
#acfc ( ! ,national ,flood ,insurance   
,act ( #aifh 7#db ,u4,s4,c4 #dajd7;a77  
is am5d$ by /rik+ 9 ! ,f$]al ,regi/]4   
7c7 ,inapplicability to private &       
community flood maps ,section #acfc ( ! 
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #dajd71 z am5d$ by !    
prec$+ provisions ( ?is section1 is     
fur!r am5d$ by add+ at ! end ! foll[+   
new subsection3  7i7 ,inapplicability to
 community flood maps ,?is section %all 
n apply ) respect to any flood map t is 
9 effect pursuant to c]tification "u !  
/&>ds1 guidel9es1 & proc$ures e/abli%$  
pursuant to section #ajjbae7m77#a7 ( !  
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7#db ,u4,s4,c4             
#daja;a7m77#a771 :i* %all include       
proc$ures = provid+ notification &      

appeal rights to individuals )9 !       
communities ( ! propos$ flood elevation 
det]m9ations4  4  #cjd4 ,communication &
 outrea* reg>d+ map *anges ,p>agraph    
7#a7 ( section #ajjbaf7;d7 ( !          
,bigg]t-,wat]s ,flood ,insurance ,re=m  
,act ( #bjab 7#db ,u4,s4,c4             
#daja;b7d77#a77 is am5d$--  7#a7 9      
subp>agraph 7,b71 by ins]t+ maximum be=e
 #cj-;day p]iod2 &  7#b7 9 subp>agraph  
7,c71 by ins]t+ maximum be=e #cj-;day   
p]iod4  ,,iv ,protect+ consum]s &       
individuals ?r\gh improv$ mitigation    
#dja4 ,provision ( ,community ,rat+     
,sy/em premium cr$its to maximum numb] (
 communities practicable ,subsection 7b7
 ( section #acae ( ! ,national ,flood   
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djbb7;b77 is am5d$--  7#a7 9 p>agraph  
7#b71 by /rik+ may & ins]t+ %all2 &     
7#b7 9 p>agraph 7#c71 by ins]t+ 1 & !   
,adm9i/rator %all provide cr$its to !   
maximum numb] ( communities practicable 
aft] "u ?is program4  ,v ,program       
integrity  #eja4 ,indep5d5t actu>ial    

review ,section #acji ( ! ,national     
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djaf7 is am5d$ by add+ at !  
end ! foll[+ new subsection3  7e7       
,indep5d5t actu>ial review  7#a7        
,fiduci>y responsibility ,! ,adm9i/rator
 has a responsibility to ensure t !     
,national ,flood ,insurance ,program    
rema9s f9ancially s\nd4 ,pursuant to ?is
 responsibility1 ! ,adm9i/rator %all f  
"t to "t review & elim9ate noness5tial  
co/s & positions )9 ! ,program1 unless  
o!rwise au?oriz$ or requir$ by law1 z ! 
,adm9i/rator det]m9es to be necess>y4   
7#b7 ,annual indep5d5t actu>ial /udy ,! 
,adm9i/rator %all provide = an indep5d5t
 actu>ial /udy ( ! ,national ,flood     
,insurance ,program to be conduct$      
annually1 :i* %all analyze ! f9ancial   
position ( ! program bas$ on ! long-t]m 
e/imat$ losses ( ! program4 ,!          
,adm9i/rator %all submit a report       
7toge!r ) ! indep5d5t actu>ial /udy7    
annually to ! ,committee on ,f9ancial   
,s]vices ( ! ,h\se ( ,repres5tatives & !

 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs ( ! ,s5ate describ+ ! results (
 su* /udy1 includ+ a det]m9ation ( :e!r 
! ,program has collect$ rev5ue suffici5t
 to cov] ! adm9i/rative exp5ses ( c>ry+ 
out ! flood insurance program1 :i* are  
reflect$ 9 ! risk premium rates1 co/ (  
capital1 all o!r co/s associat$ ) !     
transf] ( risks1 & expect$ claims       
paym5ts dur+ ! report+ p]iod1 & an      
ov]all assessm5t ( ! f9ancial /atus ( ! 
,program4  7#c7 ,det]m9ation ( actu>ial 
budget deficit  7,a7 ,requirem5t ,)9 !  
report submitt$ "u p>agraph 7#b71 !     
,adm9i/rator %all issue a det]m9ation ( 
:e!r !re exi/s an actu>ial budget       
deficit = ! ,program = ! ye> cov]$ 9 !  
report4 ,! report %all recomm5d any     
*anges to ! ,program1 if necess>y1 to   
ensure t ! program rema9s f9ancially    
s\nd4  7,b7 ,basis ( det]m9ation ,!     
det]m9ation requir$ by subp>agraph 7,a7 
%all be bas$ solely ^u :e!r ! portion ( 
premiums e/imat$ & collect$ by !        
,program dur+ ! report+ p]iod is        

suffici5t to cov] ! adm9i/rative exp5ses
 ( c>ry+ out ! flood insurance program1 
:i* are reflect$ 9 ! risk premium rates1
 co/ ( capital1 all o!r co/s associat$ )
 ! transf] ( risk1 & expect$ claims     
paym5ts = ! report+ p]iod4  7#d7        
,qu>t]ly reports ,dur+ ea* fiscal ye>1  
on a cal5d> qu>t]ly basis1 ! ,secret>y  
%all cause to be publi%$ 9 ! ,f$]al     
,regi/] or comp>able me?od1 ) notice to 
! ,committee on ,f9ancial ,s]vices ( !  
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate1 in=mation :i* %all specify--    
7,a7 ! cumulative volume ( policies t h 
be5 und]writt5 "u ! ,national ,flood    
,insurance ,program dur+ su* fiscal ye> 
?r\gh ! end ( ! qu>t] = :i* ! report is 
submitt$2  7,b7 ! types ( policies      
insur$1 categoriz$ by risk2  7,c7 any   
significant *anges betwe5 actual &      
project$ claim activity2  7,d7 project$ 
v]sus actual loss rates2  7,e7 !        
cumulative numb] ( curr5tly insur$      
repetitive-loss prop]ties1 sev]e        

repetitive-loss prop]ties1 & extreme    
repetitive-loss prop]ties t h be5       
id5tifi$ dur+ su* fiscal ye> ?r\gh ! end
 ( ! qu>t] = :i* ! report is submitt$2  
7,f7 ! cumulative numb] ( prop]ties t h 
und]gone mitigation assi/ance1 ?r\gh !  
,national ,flood ,insurance ,program1   
dur+ su* fiscal ye> ?r\gh ! end ( !     
qu>t] = :i* ! report is submitt$2 &     
7,g7 ! numb] & location1 by ,/ate or    
t]ritory1 ( ea* policyhold] t has be5   
id5tifi$ = su* fiscal ye> z an eligible 
h\sehold = purposes ( ! flood insurance 
af=dability program "u section #acbf4   
,! fir/ qu>t]ly report "u ?is p>agraph  
%all be submitt$ on ! la/ day ( ! fir/  
qu>t] ( fiscal ye> #bjah1 or on ! la/   
day ( ! fir/ full cal5d> qu>t] foll[+ ! 
enactm5t ( ! #ba/ ,c5tury ,flood ,re=m  
,act1 :i*ev] occurs lat]4  4  #ejb4     
,adju/m5ts to home[n] flood insurance   
af=dability sur*>ge  7a7 ,9 g5]al       
,section #acjh;,a ( ! ,national ,flood  
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae;a7 is am5d$-- 7#a7 9 subsection   

7a71 by /rik+ ! fir/ s5t5ce & ins]t+ !  
foll[+3 ,! ,adm9i/rator %all impose &   
collect a non-refundable annual sur*>ge1
 9 ! am\nt provid$ 9 subsection 7b71 on 
all policies = flood insurance cov]age  
"u ! ,national ,flood ,insurance        
,program t are newly issu$ or r5ew$ aft]
 ! date ( ! enactm5t ( ?is section2 &   
7#b7 by /rik+ subsection 7b7 & ins]t+ ! 
foll[+ new subsection3  7b7 ,am\nt ,!   
am\nt ( ! sur*>ge "u subsection 7a7 %all
 be #dj1 except z foll[s3  7#a7         
,non-prim>y resid5ces eligible = ,,prp  
,! am\nt ( ! sur*>ge "u subsection 7a7  
%all be #abe 9 ! case ( 9 ! case ( a    
policy = any prop]ty t is--  7,a7 a     
resid5tial prop]ty t is n ! prim>y      
resid5ce ( an individual1 &  7,b7       
eligible = pref]r$ risk rate me?od      
premiums4  7#b7 ,non-resid5tial         
prop]ties & non-prim>y resid5ces n      
eligible = ,,prp ,! am\nt ( ! sur*>ge "u
 subsection 7a7 %all be #bge 9 case ( 9 
! case ( a policy = any prop]ty t is--  
7,a7 a non-resid5tial prop]ty2 or  7,b7 

a resid5tial prop]ty t is--  7i7 n !    
prim>y resid5ce ( an individual2 &  7ii7
 n eligible = pref]r$ risk rate me?od   
premiums4  4  7b7 ,applicability ,!     
am5dm5t made by subsection 7a7 %all     
apply ) respect to policies = flood     
insurance cov]age "u ! ,national ,flood 
,insurance ,act ( #aifh t are newly     
issu$ or r5ew$ aft] ! expiration ( !    
#ab-mon? p]iod beg9n+ on ! date ( !     
enactm5t ( ?is ,act4  #ejc4 ,national   
,flood ,insurance ,res]ve ,fund         
compliance ,section #acaj;,a ( !        
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djag;,a7 is am5d$--    
7#a7 9 subsection 7c77#b77;,d71 by      
ins]t+ be=e ! p]iod at ! end ! foll[+3 1
 includ+ any provisions relat+ to       
*>geable premium rates or annual        
increases ( su* rates2  7#b7 9          
subsection 7c77#c71 by /rik+ subp>agraph
 7,a7 & ins]t+ ! foll[+ new subp>agraph3
  7,a7 ,p>ity ,9 ex]cis+ ! au?ority     
grant$ "u p>agraph 7#a7 to increase     
premiums1 ! ,adm9i/rator %all in/itute a

 s+le annual1 uni=m rate ( assessm5t =  
all individual policyhold]s4  2 &  7#c7 
9 subsection 7d7-- 7,a7 by /rik+        
p>agraph 7#a7 & ins]t+ ! foll[+ new     
p>agraph3  7#a7 ,9 g5]al ,beg9n+ 9      
fiscal ye> #bjah & n end+ until ! fiscal
 ye> 9 :i* ! ratio requir$ "u subsection
 7b7 is a*iev$--  7,a7 9 ea* fiscal ye> 
! ,adm9i/rator %all place 9 ! ,res]ve   
,fund an am\nt equal to n less ?an #g4e 
p]c5t ( ! res]ve ratio requir$ "u       
subsection 7b72 &  7,b7 if 9 any giv5   
fiscal ye> ! ,adm9i/rator fails to      
comply ) subp>agraph 7,a71 = ! foll[+   
fiscal ye> ! ,adm9i/rator %all increase 
! rate ( ! annual assessm5t pursuant to 
subsection 7c77#c77;,a7 by at lea/ "o   
p]c5tage po9t ov] ! rate ( ! annual     
assessm5t pursuant to subsection        
7c77#c77;,a7 9 effect on ! fir/ day (   
su* giv5 fiscal ye>4  2  7,b7 9 p>agraph
 7#b71 by ins]t+ be=e ! p]iod at ! end !
 foll[+3 nor to increase assessm5ts     
pursuant to p>agraph 7#a77;,b72 &  7,c7 
9 p>agraph 7#c71 by ins]t+ be=e ! p]iod 

at ! end ! foll[+3 & p>agraph 7#a77;,b7 
%all apply until ! fiscal ye> 9 :i* !   
ratio requir$ "u subsection 7b7 is      
a*iev$4  #ejd4 ,designation & treatm5t (
 multiple-loss prop]ties  7a7 ,def9ition
 ,section #acgj ( ! ,national ,flood    
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#daba7 is am5d$-- 7#a7 9 subsection     
7a7--  7,a7 by /rik+ p>agraph 7#g72 &   
7,b7 by r$esignat+ p>agraphs 7#h7 ?r\gh 
7#ae7 z p>agraphs 7#g7 ?r\gh 7#ad71     
respectively2 &  7#b7 by add+ at ! end !
 foll[+ new subsection3  7d7            
,multiple-,loss prop]ties  7#a7         
,def9itions ,z us$ 9 ?is title3  7,a7   
,multiple-loss prop]ty ,! t]m           
multiple-loss prop]ty means any prop]ty 
t is a repetitive-loss prop]ty1 a sev]e 
repetitive-loss prop]ty1 or an extreme  
repetitive-loss prop]ty4  7,b7          
,repetitive-loss prop]ty ,! t]m         
repetitive-loss prop]ty means a /ructure
 t has incurr$ flood damage = :i* two or
 m sep>ate claims paym5ts ( any am\nt h 
be5 made "u flood insurance cov]age "u  

?is title4  7,c7 ,sev]e repetitive-loss 
prop]ty ,! t]m sev]e repetitive-loss    
prop]ty means a /ructure t has incurr$  
flood damage = :i*-- 7i7 #d or m sep>ate
 claims paym5ts h be5 made "u flood     
insurance cov]age "u ?is title1 ) !     
am\nt ( ea* su* claim exce$+ #e1jjj1 & )
 ! cumulative am\nt ( su* claims paym5ts
 exce$+ #bj1jjj2 or  7ii7 at lea/ #b    
sep>ate claims paym5ts h be5 made "u    
flood insurance cov]age "u ?is title1 ) 
! cumulative am\nt ( su* claims paym5ts 
exce$+ ! value ( ! /ructure4  7,d7      
,extreme repetitive-loss prop]ty ,! t]m 
extreme repetitive-loss prop]ty means a 
/ructure t has incurr$ flood damage =   
:i* at lea/ #b sep>ate claims h be5 made
 "u flood insurance cov]age "u ?is      
title1 ) ! cumulative am\nt ( su* claims
 paym5ts exce$+ #aej p]c5t ( ! maximum  
cov]age am\nt available = ! /ructure4   
7#b7 ,treatm5t ( claims be=e compliance 
) ,/ate & local requirem5ts ,!          
,adm9i/rator %all n consid] claims t    
occurr$ be=e a /ructure 0 made compliant

 ) ,/ate & local floodpla9 managem5t    
requirem5ts = purposes ( det]m9+ a      
/ructure's /atus z a multiple-loss      
prop]ty4  4  7b7 ,premium adju/m5t ,to  
reflect curr5t flood risk  7#a7 ,9 g5]al
 ,section #acjh ( ! ,national ,flood    
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae71 z am5d$ by ! prec$+ provisions (
 ?is ,act1 is fur!r am5d$ by add+ at !  
end ! foll[+ new subsection3  7o7       
,premium adju/m5t ,to reflect curr5t    
flood risk  7#a7 ,9 g5]al ,except z     
provid$ 9 p>agraph 7#b71 ! ,adm9i/rator 
%all rate a multiple-loss prop]ty t is  
*>g$ a risk premium rate e/imat$ "u     
section #acjg7;a77#a7 7#db ,u4,s4,c4    
#djad7;a77#a77 bas$ on ! curr5t risk (  
flood reflect$ 9 ! flood insurance rate 
map 9 effect at ! "t ( rat+4  7#b7      
,adju/m5t = exi/+ policies ,= policies =
 flood insurance "u ?is title 9 =ce on !
 date ( ! enactm5t ( ?is ,act =         
prop]ties describ$ 9 p>agraph 7#a7--    
7,a7 not)/&+ subsection 7e7 ( ?is       
section1 ! ,adm9i/rator %all increase   

risk premium rates by n less ?an #ae    
p]c5t ea* ye> until su* rates comply )  
p>agraph 7#a7 ( ?is subsection2 &  7,b7 
any rate increases requir$ by p>agraph  
7#a7 %all comm5ce foll[+ a claim paym5t 
= flood loss "u cov]age made available  
?is title t occurr$ aft] ! date (       
enactm5t ( ?is ,act4  4  7#b7 ,con=m+   
am5dm5t ,section #acjg7;g77#b7 ( !      
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djad7;g77#b77 is am5d$ 
by /rik+ subp>agraph 7,b7 & ins]t+ !    
foll[+ new subp>agraph3  7,b7 9         
connection ) a multiple-loss prop]ty4  4
  7c7 ,pre-,,firm multiple-,loss prop]ty
  7#a7 ,t]m9ation ( subsidy ,section    
#acjg ( ! ,national ,flood ,insurance   
,act ( #aifh 7#db ,u4,s4,c4 #djad7 is   
am5d$--  7,a7 9 subsection 7a77#b7-- 7i7
 by /rik+ subp>agraph 7,c7 & ins]t+ !   
foll[+ new subp>agraph3  7,c7 any       
extreme repetitive-loss prop]ty2  2     
7ii7 9 subp>agraph 7,d71 by /rik+ or2   
7iii7 9 subp>agraph 7,e7-- 7,i7 9 clause
 7i71 by /rik+ fair2 &  7,,ii7 9 clause 

7ii7-- 7aa7 by /rik+ fair2 &  7bb7 by   
/rik+ & & ins]t+ or2 &  7iv7 by add+ at 
! end ! foll[+ new subp>agraph3  7,f7   
any repetitive-loss prop]ty t has       
receiv$ a claim paym5t = flood loss "u  
cov]age made available ?is title t      
occurr$ aft] ! date ( enactm5t ( ?is    
,act2 &  2 &  7,b7 by /rik+ subsection  
7h74  7#b7 ,annual limitation on premium
 increases ,subsection 7e7 ( section    
#acjh ( ! ,national ,flood ,insurance   
,act ( #aifh 7#db ,u4,s4,c4 #djae7;e77  
is am5d$--  7,a7 9 p>agraph 7#c71 by    
/rik+ & at ! end2  7,b7 9 p>agraph 7#d71
 by /rik+ describ$ "u p>agraph 7#c74 &  
ins]t+ e/imat$ "u section #acjg7;a77#a72
 &2 &  7,c7 by add+ at ! end ! foll[+   
new p>agraph3  7#e7 ! *>geable risk     
premium rates = flood insurance "u ?is  
title = any prop]ties describ$ 9        
subp>agraph 7,f7 ( section #acjg7;a77#b7
 %all be increas$ by n less ?an #ae     
p]c5t ea* ye>1 until ! av]age risk      
premium rate = su* prop]ties is equal to
 ! av]age ( ! risk premium rates =      

prop]ties e/imat$ "u section            
#acjg7;a77#a74  4  7d7 ,m9imum          
d$uctibles = c]ta9 multiple-,loss       
prop]ties  7#a7 ,cl]ical am5dm5t ,!     
,national ,flood ,insurance ,act ( #aifh
 is am5d$-- 7,a7 by transf]r+ subsection
 7b7 ( section #acab 7#db ,u4,s4,c4     
#djai7;b77 to #acjf 7#db ,u4,s4,c4      
#djac71 ins]t+ su* subsection at ! end (
 su* section1 & r$esignat+ su*          
subsection z subsection 7e72 &  7,b7 9  
section #acab 7#db ,u4,s4,c4 #djai71 by 
r$esignat+ subsection 7c7 z subsection  
7b74  7#b7 ,c]ta9 multiple-loss         
prop]ties ,subsection 7e7 ( section     
#acjf ( ! ,national ,flood ,insurance   
,act ( #aifh 7#db ,u4,s4,c4 #djac7;e771 
z s add$ & r$esignat$ by p>agraph 7#a7 (
 ?is subsection1 is am5d$ add+ at ! end 
! foll[+ new p>agraph3  7#c7 ,c]ta9     
multiple-loss prop]ties ,not)/&+        
p>agraph 7#a7 or 7#b71 ! m9imum annual  
d$uctible = damage to any sev]e         
repetitive-loss prop]ty or extreme      
repetitive-loss prop]ty %all be n less  

?an #e1jjj4  4  7e7 ,claim hi/ory       
validation ,beg9n+ n lat] ?an !         
expiration ( ! #ahj-;day p]iod beg9n+ on
 ! date ( ! enactm5t ( ?is ,act1 !      
,adm9i/rator ( ! ,f$]al ,em]g5cy        
,managem5t ,ag5cy %all und]take ef=ts to
 validate ! reasonable accuracy ( claim 
hi/ory data ma9ta9$ pursuant to !       
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djja et seq474  7f7    
,increas$ co/ ( compliance cov]age      
,p>agraph 7#a7 ( section #acjd7;b7 ( !  
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djaa7;b77#a77 is am5d$ 
by /rik+ repetitive loss /ructures &    
ins]t+ multiple-loss prop]ties4  7g7    
,availability ( insurance =             
multiple-,loss prop]ties  7#a7 ,9 g5]al 
,! ,national ,flood ,insurance ,act (   
#aifh is am5d$ by ins]t+ aft] section   
#acjd 7#db ,u4,s4,c4 #djaa7 ! foll[+ new
 section3  #acjd;,a4 ,availability (    
insurance = multiple-loss prop]ties  7a7
 ,date & in=mation id5tify+ curr5t flood
 risk ,! ,adm9i/rator may provide flood 

insurance cov]age "u ?is title = a      
multiple-loss prop]ty only if ! own] ( !
 prop]ty submits to ! ,adm9i/rator su*  
data & in=mation necess>y to det]m9e su*
 prop]ty's curr5t risk ( flood1 z       
det]m9$ by ! ,adm9i/rator1 at ! "t (    
application = or r5ewal ( su* cov]age4  
7b7 ,refusal ,to ,mitigate  7#a7 ,9     
g5]al ,except z provid$ pursuant to     
p>agraph 7#b71 ! ,adm9i/rator may n make
 flood insurance cov]age available "u   
?is title = any extreme repetitive-loss 
prop]ty = :i* a claim paym5t = flood    
loss 0 made "u cov]age made available "u
 ?is title t occurr$ aft] ! date (      
enactm5t ( ! #ba/ ,c5tury ,flood ,re=m  
,act if ! prop]ty own] refuses an (f] ( 
mitigation = ! prop]ty "u section       
#acff7;a77#b7 7#db ,u4,s4,c4            
#dajd;c7a77#b774  7#b7 ,exceptions2     
appeals ,! ,director %all develop       
guidance to provide appropriate         
exceptions to ! prohibition "u p>agraph 
7#a7 & to all[ = appeals to su*         
prohibition4  4  7#b7 ,effective ,date  

,section #acjd;,a ( ! ,national ,flood  
,insurance ,act ( #aifh1 z add$ by      
p>agraph 7#a7 ( ?is subsection1 %all    
apply beg9n+ ^u ! expiration ( !        
#ab-mon? p]iod beg9n+ on ! date ( !     
enactm5t ( ?is ,act4  7h7 ,rates =      
prop]ties newly mapp$ into areas )      
special flood haz>ds ,subsection 7i7 (  
section #acjh ( ! ,national ,flood      
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7;i77 is am5d$--  7#a7 by /rik+ !  
subsection designation & all t foll[s   
?r\gh ,not)/&+ & ins]t+ ! foll[+3  7i7  
,rates = prop]ties newly mapp$ into     
areas ) special flood haz>ds  7#a7 ,9   
g5]al ,except z provid$ 9 p>agraph 7#b7 
& not)/&+  2  7#b7 by r$esignat+        
p>agraphs 7#a7 & 7#b7 z subp>agraphs    
7,a7 & 7,b71 respectively1 & mov+ ! left
 m>g9s ( su* subp>agraphs1 z s          
r$esignat$1 & ! matt] foll[+ subp>agraph
 7,b71 #b ems to ! "r2 &  7#c7 by add+  
at ! end ! foll[+ new p>agraph3  7#b7   
,inapplicability to multiple-loss       
prop]ties ,p>agraph 7#a7 %all n apply to

 multiple-loss prop]ties4  4  7i7 ,cle> 
communication ( multiple-,loss prop]ty  
/atus  7#a7 ,9 g5]al ,subsection 7l7 (  
section #acjh ( ! ,national ,flood      
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7l771 z am5d$ by ! prec$+          
provisions ( ?is ,act1 is fur!r am5d$ by
 add+ at ! end ! foll[+ new p>agraph3   
7#b7 ,multiple-loss prop]ties ,pursuant 
to p>agraph 7#a71 ! ,adm9i/rator %all   
cle>ly communicate to all policyhold]s =
 multiple-loss prop]ties ! effect on !  
premium rates *>g$ = su* a prop]ty (    
fil+ any fur!r claims "u a flood        
insurance policy ) respect to t prop]ty 
4  7j7 ,mitigation assi/ance program    
,section #acff ( ! ,national ,flood     
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#dajd;c7 is am5d$-- 7#a7 9 subsection   
7a7--  7,a7 9 ! matt] prec$+ p>agraph   
7#a71 by ins]t+ aft] ! p]iod at ! end ( 
! fir/ s5t5ce ! foll[+3 ,priority "u !  
program %all be giv5 to provid+         
assi/ance ) respect to multiple-loss    
prop]ties42  7,b7 9 p>agraph 7#a71 by   

ins]t+ & aft] ! semicolon at ! end2 &   
7,c7 by /rik+ p>agraphs 7#b7 & 7#c7 &   
ins]t+ ! foll[+3  7#b7 to prop]ty own]s1
 9 coord9ation ) ! ,/ate & community1 9 
! =m ( direct grants "u ?is section =   
c>ry+ out mitigation activities t r$uce 
flood damage to extreme repetitive-loss 
prop]ties4  ,! ,adm9i/rator %all take   
su* actions z may be necess>y to ensure 
t grants "u ?is subsection are provid$ 9
 a mann] t is consi/5t ) ! deliv]y (    
cov]age = increas$ co/ ( compliance     
provid$ "u section #acjd7;b74 2  7#b7 9 
subsection 7c77#b77;,a77ii71 by /rik+   
sev]e repetitive loss /ructures & ins]t+
 multiple-loss prop]ties2  7#c7 9       
subsection 7d7--  7,a7 9 p>agraph 7#a7--
 7i7 by /rik+ ,sev]e repetitive loss    
/ructures & ins]t+ ,extreme             
repetitive-loss prop]ties2 &  7ii7 by   
/rik+ sev]e repetitive loss /ructures & 
ins]t+ extreme repetitive-loss          
prop]ties22  7,b7 9 p>agraph 7#b7--  7i7
 by /rik+ ,repetitive loss /ructures &  
ins]t+ ,sev]e repetitive-loss prop]ties2

  7ii7 by /rik+ repetitive loss         
/ructures & ins]t+ sev]e repetitive-loss
 prop]ties2 &  7iii7 by /rik+ #ij p]c5t 
& ins]t+ #ajj p]c5t2  7,c7 by r$esignat+
 p>agraph 7#c7 z p>agraph 7#d72 &  7,d7 
by ins]t+ aft] p>agraph 7#b7 ! foll[+   
new p>agraph3  7#c7 ,repetitive-loss    
prop]ty ,9 ! case ( mitigation          
activities to repetitive-loss prop]ties1
 9 an am\nt up to #ajj p]c5t ( all      
eligible co/s4  2  7#d7 9 subsection    
7h7-- 7,a7 by /rik+ p>agraphs 7#b7 &    
7#c72  7,b7 by /rik+ ! subsection       
designation & all t foll[s ?r\gh %all   
apply32 &  7,c7 9 p>agraph 7#a7--  7i7  
by /rik+ ,community & ins]t+ ,def9ition 
( community2  7ii7 by /rik+ ,! & ins]t+ 
,= purposes ( ?is section1 !2  7iii7 by 
r$esignat+ su* p>agraph z subsection    
7j72  7iv7 9 subp>agraph 7,b71 by /rik+ 
subp>agraph 7,a7 & ins]t+ p>agraph 7#a72
  7v7 by r$esignat+ subp>agraphs 7,a7 & 
7,b7 z p>agraphs 7#a7 & 7#b71           
respectively2 &  7vi7 by mov+ ! left    
m>g9s ( subsection 7h7 & p>agraphs 7#a7 

& 7#b71 all z s r$esignat$1 two ems to !
 left2 &  7#e7 by ins]t+ aft] subsection
 7g7 ! foll[+ new subsections3  7h7     
,alignm5t ) increas$ co/ ( compliance   
,not)/&+ any provision ( law1 any funds 
appropriat$ = assi/ance "u ?is title may
 be transf]r$ to ! ,national ,flood     
,insurance ,fund e/abli%$ "u section    
#acaj 7#db ,u4,s4,c4 #djag7 = ! paym5t (
 claims to enable ! ,adm9i/rator to     
deliv] grants "u subsection 7a77#b7 (   
?is section to align ) ! deliv]y (      
cov]age = increas$ co/ ( compliance =   
extreme repetitive-loss prop]ties4  7i7 
,fund+  7#a7 ,au?orization (            
appropriations ,!re is au?oriz$ to be   
appropriat$ #bbe1jjj1jjj = ea* fiscal   
ye> = flood mitigation assi/ance grants4
  7#b7 ,availability ,am\nts appropriat$
 pursuant to ?is subsection = any fiscal
 ye> may rema9 available = obligation   
until exp5d$4  4  #eje4 ,elim9ation (   
cov]age = prop]ties ) excessive lifetime
 claims ,section #acje ( ! ,national    
,flood ,insurance ,act ( #aifh 7#db     

,u4,s4,c4 #djab7 is am5d$ by add+ at !  
end ! foll[+ new subsection3  7e7       
,prohibition ( cov]age = prop]ties )    
excessive lifetime claims ,aft] !       
expiration ( ! #ah-mon? p]iod beg9n+ on 
! date ( ! enactm5t ( ?is subsection1 ! 
,adm9i/rator may n make available any   
new or r5ew$ cov]age = flood insurance  
"u ?is title = any multiple-loss prop]ty
 = :i* ! aggregate am\nt 9 claims       
paym5ts t h be5 made aft] ! expiration (
 su* p]iod "u flood insurance cov]age "u
 ?is title exce$s twice ! am\nt ( !     
replacem5t value ( ! /ructure4  4  #ejf4
 ,address+ tomorr['s high-risk /ructures
 today ,! ,national ,flood ,insurance   
,act ( #aifh is am5d$-- 7#a7 9 section  
#acje 7#db ,u4,s4,c4 #djab71 z am5d$ by 
! prec$+ provisions ( ?is ,act1 by add+ 
at ! end ! foll[+ new subsections3  7f7 
,r$uc+ future risks ( ! ,national ,flood
 ,insurance ,fund  7#a7 ,prohibition (  
new cov]age = high-risk prop]ties       
,except z provid$ 9 subsection 7g7 &    
not)/&+ any o!r provision ( ?is title1 9

 c>ry+ out ! fiduci>y responsibility to 
! ,national ,flood ,insurance ,program  
"u section #acji7;e7 7#db ,u4,s4,c4     
#djaf7;e77 & to r$uce future risks to ! 
,national ,flood ,insurance ,fund1 on or
 aft] ,janu>y #a1 #bjba1 ! ,adm9i/rator 
may n make available flood insurance    
cov]age "u ?is title z foll[s3  7,a7    
,new /ructures add$ to flood haz>d zones
 ,any new cov]age = any prop]ty = :i*   
new con/ruction is comm5c$ on or aft]   
su* date & t1 ^u completion ( su*       
con/ruction1 is locat$ 9 an area hav+   
special flood haz>ds4  7,b7 ,/ructures )
 high-value replacem5t co/s ,any new or 
r5ew$ cov]age = any resid5tial prop]ty  
hav+ #d or few] resid5ces & a replacem5t
 value ( ! /ructure1 at ! "t1 exclusive 
( ! value ( ! real e/ate on :i* !       
/ructure is locat$1 ( #a1jjj1jjj or m 7z
 su* am\nt is adju/$ pursuant to clause 
7i771 subject to ! foll[+ provisions3   
7i7 ,adju/m5t ( am\nts ,! doll> am\nt 9 
! matt] ( ?is subp>agraph t prec$es ?is 
clause 7z x may h be5 previ\sly adju/$7 

%all be adju/$ = inflation by !         
,adm9i/rator ^u ! expiration ( ! #e-ye> 
p]iod beg9n+ ^u ! enactm5t ( ?is        
subsection & ^u ! expiration ( ea*      
successive #e-ye> p]iod !reaft]1 9      
accordance ) an inflation>y index       
select$ by ! ,adm9i/rator4  7ii7        
,valuation ,! ,adm9i/rator %all det]m9e 
! replacem5t value ( a prop]ty =        
purposes ( ?is subp>agraph us+ su*      
valuation me?ods or indicia z !         
,adm9i/rator det]m9es are reasonably    
accurate1 consi/5t1 reliable1 &         
available = su* purposes4  7#b7         
,actu>ial /ructures ) hidd5 risks ,= any
 prop]ty ) risk premium rates e/imat$ "u
 section #acjg7;a77#a71 on or aft]      
,janu>y #a1 #bjba1 ! ,adm9i/rator %all  
*>ge risk premium rates bas$ on ! curr5t
 risk ( flood reflect$ 9 ! flood        
insurance rate map or comp>able risk    
rat+ metric 9 effect at ! "t a policy is
 newly issu$1 unless ! newly issu$      
policy cov]s a prop]ty ) cont9u\s flood 
insurance cov]age "u ?is title1 or ^u ! 

r5ewal ( a policy4 ,= all su* policy    
r5ewals1 ! ,adm9i/rator %all increase ! 
risk premium rate 9 accordance ) section
 #acjh7;e77#b7 until ! risk premium rate
 is equal to ! risk ( flood reflect$ 9 !
 flood insurance rate map or comp>able  
risk rat+ metric 9 effect at ! "t (     
r5ewal4  7#c7 ,implem5tation ,!         
,adm9i/rator may implem5t ?is subsection
 )\t rulemak+1 except t any su*         
implem5tation %all include advance      
publication ( notice 9 ! ,f$]al ,regi/] 
or advance notice by ano!r comp>able    
me?od1 su* z po/+ on an (ficial website 
( ! ,adm9i/rator4  7g7 ,availability (  
o!rwise prohibit$ flood insurance dur+  
c\nt]-,cyclical m>ket adju/m5t  7#a7    
,au?ority ,^u ! effectiv5ess ( a        
det]m9ation "u p>agraph 7#b7 ) respect  
to a geographical area1 ! ,adm9i/rator  
may tempor>ily make available1 =        
prop]ties t are describ$ 9 subp>agraph  
7,a7 or 7,b71 or bo?1 ( subsection      
7f77#a71 & are locat$ 9 su* area1       
cov]age = flood insurance "u su* ,act1  

not)/&+ subsection 7f71 dur+ ! p]iod t  
beg9s ^u su* det]m9ation & ends ^u !    
t]m9ation date ) respect to su* p]iod   
det]m9$ "u p>agraph 7#g7 ( ?is          
subsection4  7#b7 ,det]m9ation ( m>ket  
contraction ,a det]m9ation "u ?is       
p>agraph = a geographical area is a     
det]m9ation1 made by ! ,/ate insurance  
regulator = ! affect$ geographical area1
 t ! availability or af=dability (      
private flood insurance cov]age 9 !     
,unit$ ,/ates = prop]ties t are describ$
 9 subp>agraph 7,a7 or 7,b71 or bo?1 (  
subsection 7f77#a7 & are locat$ 9 su*   
area has contract$ significantly1 made 9
 accordance ) ! foll[+ requirem5ts3     
7,a7 ,! ,/ate insurance coord9ator has  
det]m9$ t !re is no evid5ce t ! ,/ate   
regulatory or legislative /ructure has  
unduly h9d]$ ! ability ( private        
insurance c>ri]s to compete 9 ! ,/ate4  
7,b7 ,! ,/ate insurance coord9ator has  
det]m9$ t !re is evid5ce ( a l[ m>ket   
p5etration ( private flood insurance 9 !
 ,/ate1 or a geographic area ( ! ,/ate1 

:]e private insurance c>ri]s h be5 all[$
 to p>ticipate 9 ! m>ket 9 a fair       
process4  7,c7 ,! ,/ate insurance       
coord9ator has det]m9$ t private insur]s
 h be5 giv5 an opportunity to (f] flood 
insurance b h fail$ to p5etrate ! m>kets
 by m ?an #aj p]c5t ( ! m>ket %>e =     
flood insurance4  7,d7 ,! det]m9ation "u
 ?is p>agraph 0 made aft] ! ,/ate       
insurance commission] provid$ private   
insurance c>ri]s & consum]s an          
opportunity to provide in=mation reg>d+ 
! det]m9ation "u ?is p>agraph1 :i*      
includ$ hold+ a public he>+ reg>d+ su*  
det]m9ation at :i* to provide su*       
in=mation t 0 held n less ?an #de days  
aft] public notice ( ! "t & place ( su* 
he>+ 0 fir/ made available4  7,e7 ,!    
,secret>y ( ! ,treasury has confirm$ !  
det]m9ation "u ?is p>agraph bas$ on !   
conditions ( ! insurance m>ket = su*    
det]m9ation1 includ+ ! geographic area  
subject to ! det]m9ation4  7#c7         
,effective date ,a det]m9ation "u       
p>agraph 7#b7 %all take effect =        

purposes ( p>agraph 7#a7 ^u receipt by !
 ,adm9i/rator ( writt5 notice ( su*     
det]m9ation1 9 accordance ) su*         
requirem5ts z ! ,adm9i/rator %all       
e/abli%4  7#d7 ,sur*>ge ,any flood      
insurance cov]age made available = a    
prop]ty pursuant to ?is subsection %all 
be made available at *>geable premium   
rates o!rwise det]m9$ "u ?is title = su*
 prop]ty1 not)/&+ subsection 7f71 except
 t ! ,adm9i/rator %all impose & collect 
a sur*>ge = su* cov]age 9 an am\nt equal
 to #aj p]c5t ( su* *>geable premium    
rate1 :i* %all be deposit$ into !       
,national ,flood ,insurance ,fund       
e/abli%$ "u section #acaj4  7#e7        
,conditions = t]m9ation ,^u mak+ a      
det]m9ation "u p>agraph 7#b71 !         
,adm9i/rator %all also id5tify          
measurable crit]ia = det]m9+ :5 !       
conditions det]m9$ "u p>agraph 7#b7 h   
ceas$ to exi/ = ! affect$ geographical  
area4  7#f7 ,notice to ,congress ,^u    
mak+ a det]m9ation "u p>agraph 7#b71 !  
,adm9i/rator %all provide1 to !         

,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate1 writt5 notice ( su* det]m9ation1
 ! geographical area to :i* su*         
det]m9ation applies1 & ! specific       
measurable crit]ia id5tifi$ pursuant to 
p>agraph 7#e74  7#g7 ,t]m9ation ,!      
au?ority to make direct flood insurance 
cov]age available pursuant to ?is       
subsection %all t]m9ate ^u ! e>li] (--  
7,a7 ! expiration ( ! #ab-mon? p]iod    
beg9n+ ^u ! date t notice "u p>agraph   
7#f7 is provid$ to ! specifi$           
,committees2 or  7,b7 ! occurr5ce ( !   
conditions id5tifi$ pursuant to p>agraph
 7#e74  7#h7 ,rules ( con/ruction  7,a7 
,multiple det]m9ations ,no?+ 9 ?is      
subsection may be con/ru$ to prev5t     
multiple or consecutive p]iods dur+ :i* 
direct flood insurance cov]age may be   
made available pursuant to ?is          
subsection = prop]ties ref]r$ to 9      
subsection 7f77#a74  7,b7 ,effectiv5ess 
( policies ,! t]m9ation pursuant to     

p>agraph 7#g7 ( au?ority to make direct 
flood insurance cov]age available       
pursuant to ?is subsection may n be     
con/ru$ to affect ! effectiv5ess or t]m 
( cov]age ( any policy = su* cov]age    
pur*as$ pursuant to su* au?ority4  2 &  
7#b7 9 section #acjf7;a77#a7 7#db       
,u4,s4,c4 #djac7;a77#a771 by ins]t+ 1   
subject to subsections 7f7 & 7g7 (      
section #acje be=e ! semicolon at ! end4
  #ejg4 ,all[ance = ,write ,y\r ,own    
companies ,section #acde ( ! ,national  
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djha71 z am5d$ by ! prec$+   
provisions ( ?is ,act1 is fur!r am5d$ by
 add+ at ! end ! foll[+ new subsection3 
7g7 ,all[ance = ,write ,y\r ,own        
companies ,! all[ance paid to companies 
p>ticipat+ 9 ! ,write ,y\r ,own ,program
 7z su* t]m is def9$ 9 section #acgj    
7#db ,u4,s4,c4 #daba77 ) respect to a   
policy = flood insurance cov]age made   
available "u ?is title %all n be great] 
?an #be p]c5t ( ! *>geable premium = su*
 cov]age4  4  #ejh4 ,en=cem5t ( m&atory 

pur*ase requirem5ts  7a7 ,p5alties      
,p>agraph 7#e7 ( section #ajb7;f7 ( !   
,flood ,disa/] ,protection ,act ( #aigc 
7#db ,u4,s4,c4 #djab;a7f77#e77 is am5d$ 
by /rik+ #b1jjj & ins]t+ #e1jjj4  7b7   
,insur$ depository in/itutions          
,subp>agraph 7,a7 ( section #aj7;i77#b7 
( ! ,f$]al ,deposit ,insurance ,act 7#ab
 ,u4,s4,c4 #ahbj7;i77#b77;,a77 is am5d$ 
by /rik+ date ( enactm5t ( ! ,riegle    
,community ,developm5t & ,regulatory    
,improvem5t ,act ( #aiid & bi5nially    
!reaft] = ! next #d ye>s & ins]t+ date (
 enactm5t ( ! #ba/ ,c5tury ,flood ,re=m 
,act & bi5nially !reaft]4  7c7 ,cr$it   
unions ,subp>agraph 7,a7 ( section      
#bjd7;e77#b7 ( ! ,f$]al ,cr$it ,union   
,act 7#ab ,u4,s4,c4 #aghd7;e77#b77;,a77 
is am5d$ by /rik+ date ( enactm5t ( !   
,riegle ,community ,developm5t &        
,regulatory ,improvem5t ,act ( #aiid &  
bi5nially !reaft] = ! next #d ye>s &    
ins]t+ date ( enactm5t ( ! #ba/ ,c5tury 
,flood ,re=m ,act & annually !reaft]4   
7d7 ,gov]nm5t-,sponsor$ ent]prises      

,p>agraph 7#d7 ( section #acai;,b7a7 ( !
 ,f$]al ,h\s+ ,ent]prises ,f9ancial     
,safety & ,s\ndness ,act ( #aiib 7#ab   
,u4,s4,c4 #deba7;a77#d77 is am5d$1 9 !  
matt] aft] & bel[ subp>agraph 7,b71 by  
/rik+ fir/1 ?ird1 & fif? annual reports 
"u ?is subsection requir$ to be submitt$
 aft] ! expiration ( ! #a-ye> p]iod     
beg9n+ on ! date ( enactm5t ( ! ,riegle 
,community ,developm5t & ,regulatory    
,improvem5t ,act ( #aiid & ins]t+ fir/  
annual report "u ?is subsection requir$ 
to be submitt$ aft] ! expiration ( !    
#a-ye> p]iod beg9n+ on ! date ( enactm5t
 ( ! #ba/ ,c5tury ,flood ,re=m ,act & e 
su* second annual report !reaft]4  7e7  
,m&atory pur*ase /udy2 guidel9es  7#a7  
,/udy  7,a7 ,9 g5]al ,! ,comptroll]     
,g5]al ( ! ,unit$ ,/ates %all conduct a 
/udy ( ! implem5tation & efficacy ( !   
requirem5ts ( section #ajb ( ! ,flood   
,disa/] ,protection ,act ( #aigc 7#db   
,u4,s4,c4 #djab;a74 ,su* /udy %all at   
m9imum consid] ! foll[+ que/ions3  7i7  
,h[ effectively d ,f$]al ag5cies1       

regulat$ l5d+ in/itutions1 & ,f$]al     
entities = l5d+ regulation implem5t !   
requirem5ts ( section #ajb ( ! ,flood   
,disa/] ,protection ,act ( #aigc8  7ii7 
,does ! curr5t implem5tation ( ,flood   
,disa/] ,protection ,act ( #aigc align )
 ! congressional f9d+s & purposes       
describ$ 9 section #b7;b7 ( su* ,act    
7#db ,u4,s4,c4 #djjb78  7iii7 ,:at1 if  
any1 un9t5d$ consequ5ces h result$ f !  
requirem5ts & implem5tation ( section   
#ajb ( su* ,act8  7,b7 ,report ,n lat]  
?an ! expiration ( ! #ah-mon? p]iod     
beg9n+ on ! date ( ! enactm5t ( ?is     
,act1 ! ,comptroll] ,g5]al %all submit a
 report to ! ,committee on ,f9ancial    
,s]vices ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs ( ! ,s5ate reg>d+ ! f9d+s &    
conclusions ( ! /udy conduct$ pursuant  
to ?is p>agraph4  7#b7 ,guidel9es ,!    
,f$]al entities = l5d+ regulation 7z su*
 t]m is def9$ 9 section #c7;a7 ( !      
,flood ,disa/] ,protection ,act ( #aigc 
7#db ,u4,s4,c4 #djjc7;a7771 9           

consultation ) ! ,adm9i/rator ( ! ,f$]al
 ,em]g5cy ,managem5t ,ag5cy1 %all jo9tly
 update & reissue ! resc9d$ docum5t ( ! 
,adm9i/rator entitl$ ,m&atory ,pur*ase (
 ,flood ,insurance ,guidel9es 7la/$     
updat$ on ,octob] #bi1 #bjad74 ,! updat$
 docum5t %all incorporate recomm5dations
 made by ! ,comptroll] ,g5]al pursuant  
to p>agraph 7#a7 ( ?is subsection4      
#eji4 ,satisfaction ( m&atory pur*ase   
requirem5t 9 ,/ates requir+ flood       
cov]age 9 all-p]ils policies ,section   
#ajb ( ! ,flood ,disa/] ,protection ,act
 ( #aigc 7#db ,u4,s4,c4 #djab;a7 is     
am5d$-- 7#a7 9 subsection 7a71 by /rik+ 
,aft] & ins]t+ ,subject to subsection   
7i7 ( ?is section1 aft]2  7#b7 9        
subsection 7b7-- 7,a7 9 p>agraph 7#a71  
by /rik+ ,ea* & ins]t+ ,subject to      
subsection 7i7 ( ?is section1 ea*2  7,b7
 9 p>agraph 7#b71 by /rik+ ,ea* & ins]t+
 ,subject to subsection 7i7 ( ?is       
section1 ,a2 &  7,c7 9 p>agraph 7#c71 by
 /rik+ ,! & ins]t+ ,subject to          
subsection 7i7 ( ?is section1 !2  7#c7 9

 subsection 7e77#a71 by /rik+ ,if &     
ins]t+ ,subject to subsection 7i7 ( ?is 
section1 if2 &  7#d7 by add+ at ! end ! 
foll[+ new subsection3  7i7             
,satisfaction ( m&atory pur*ase         
requirem5t 9 ,/ates requir+ flood       
cov]age 9 all-,p]ils policies  7#a7     
,waiv]s ,subsections 7a71 7b71 & 7e7 (  
section #ajb %all n apply ) respect to  
resid5tial prop]ties 9 any ,/ate = :i* !
 ,adm9i/rator det]m9es t ,/ate law1     
includ+ any regulation or ,executive    
ord]1 requires t ) respect resid5tial   
prop]ties any prop]ty insurance cov]age 
t cov]s all p]ils except specifically   
exclud$ p]ils %all include cov]age =    
flood p]ils 9 an am\nt at lea/ equal to 
! out/&+ pr9cipal balance ( ! loan or ! 
maximum limit ( flood insurance cov]age 
made available "u ?is title ) respect to
 su* type ( resid5tial prop]ty1 :i*ev]  
is less4  7#b7 ,def9itions1 proc$ures1  
/&>ds ,! ,adm9i/rator may e/abli% su*   
def9itions1 proc$ures1 & /&>ds z !      
,adm9i/rator consid]s necess>y = mak+   

det]m9ations "u p>agraph 7#a74  4  #eaj4
 ,flood insurance pur*ase requirem5ts   
,section #ajb ( ! ,flood ,disa/]        
,protection ,act ( #aigc 7#db ,u4,s4,c4 
#djab;a71 z am5d$ by ! prec$+ provisions
 ( ?is ,act1 is fur!r am5d$--  7#a7 9   
subsection 7c77#b77;,a71 by /rik+ #e1jjj
 or less & ins]t+ ! foll[+3 #be1jjj or  
less1 except t su* am\nt 7z x may h be5 
previ\sly adju/$7 %all be adju/$ =      
inflation by ! ,adm9i/rator ^u !        
expiration ( ! #e-ye> p]iod beg9n+ ^u ! 
enactm5t ( ! #ba/ ,c5tury ,flood ,re=m  
,act & ^u ! expiration ( ea* successive 
#e-ye> p]iod !reaft]1 9 accordance ) an 
inflation>y index select$ by !          
,adm9i/rator2 &  7#b7 by add+ at ! end !
 foll[+ new subsection3  7j7 ,flood     
insurance pur*ase requirem5ts ,not)/&+  
any o!r provision ( law1 a ,/ate or     
local gov]nm5t or private l5d] may      
require ! pur*ase ( flood insurance     
cov]age = a /ructure t is locat$ outside
 ( an area hav+ special flood haz>ds4  4