,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #cicf  ,,in ,,the ,,house ,,of  
,,representatives  ,october #c1         
#bjag,ms4 ,maxine ,waters of ,california
 7for herself and ,mr4 ,capuano7        
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services1 and in addition to
 the ,committee on the ,budget1 for a   
period to be subsequently determined by 
the ,speaker1 in each case for          
consideration of such provisions as fall
 within the jurisdiction of the         
committee concerned  ,a ,,bill  ,to     
forgive the indebtedness of the         
,national ,flood ,insurance ,program1   
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,national ,flood ,insurance ,program    
,debt ,forgiveness ,act of #bjag4  #b4  
,forgiveness of flood insurance program 
debt  7a7 ,forgiveness ,notwithstanding 
any other provision of law1 all         
indebtedness of the ,administrator of   
the ,federal ,emergency ,management     

,agency under any notes or other        
obligations issued pursuant to section  
#acji7;a7 of the ,national ,flood       
,insurance ,act of #aifh 7#db ,u4,s4,c4 
#djaf7;a77 and section #ae7;e7 of the   
,federal ,insurance ,act of #aief 7#db  
,u4,s4,c4 #bdad7;e771 and outstanding as
 of ,september #cj1 #bjaf1 is hereby    
canceled1 the ,administrator and the    
,national ,flood ,insurance ,fund are   
relieved of all liability to the        
,secretary of the ,treasury under any   
such notes or other obligations1        
including for any interest due under    
such notes and any other fees and       
charges payable in connection with such 
notes1 and the total amount of notes and
 obligations issued by the              
,administrator pursuant to such section 
shall be considered to be reduced by    
such amount for purposes of the         
limitation on such total amount under   
such section4  7b7 ,treatment of        
canceled debt ,the amount of the        
indebtedness canceled under subsection  

7a7-- 7#a7 may be treated as a public   
debt of the ,united ,states2 and  7#b7  
is designated as an emergency pursuant  
to section #d7;g7 of the ,statutory     
,pay-,as-,you-,go ,act of #bjaj 7#b     
,u4,s4,c4 #icc7;g774