,i  #aae? ,,congress  #b;d ,session  ,h4
 ,r4 #efah  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #be1 #bjah ,mr4
 ,faso 7= himself & ,mr4 ,gonzalez (    
,texas7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to exempt         
prop]ties locat$ 9 flood haz>d areas t  
are p>ticipat+ 9 an approv$ buy-out     
program f ! m&atory pur*ase requirem5t  
"u ! ,national ,flood ,insurance        
,program1 & = o!r purposes4  #a4 ,%ort  
title ,?is ,act may be cit$ z ! ,flood$ 
,home[n] ,f9ancial ,relief ,act ( #bjah4
  #b4 ,exemption ( buy-out prop]ties f  
m&atory pur*ase requirem5t ,subsection  
7c7 ( section #ajb ( ! ,flood ,disa/]   
,protection ,act ( #aigc 7#db ,u4,s4,c4 
#djab;a7c77 is am5d$ by add+ at ! end ! 
foll[+ new p>agraph3  7#d7 ,buy-out     
prop]ties ,not)/&+ any o!r provision (  
?is section1 flood insurance %all n be  
requir$ = any resid5tial prop]ty-- 7,a7 
t is locat$ 9 an area hav+ special flood
 haz>ds2 &  7,b7 = :i* a b9d+ commitm5t 

has be5 made to acquire ! prop]ty1      
demoli% ! resid5tial /ructure locat$ on 
! prop]ty1 & designate ! prop]ty =      
op5-space use1 "u a ,f$]al1 ,/ate1      
local1 or o!r program = su* buy-outs t  
meets su* requirem5ts z ! ,adm9i/rator  
%all require to ensure t su* op5-space  
use is accompli%$4  4