,,ib ,union ,calendar ,no4 #baj #aafth ,,congress #ast ,session ,h4 ,r4 #cafg ,report ,no4 #aaf-bfb1 ,part ,i ,,in ,,the ,,house ,,of ,,representatives ,june #aj1 #bjai ,ms4 ,waters introduced the following bill2 which was referred to the ,committee on ,financial ,services1 and in addition to the ,committee on ,transportation and ,infrastructure1 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 ,october #bh1 #bjai ,reported from the ,committee on ,financial ,services with an amendment ,strike out all after the enacting clause and insert the part printed in italic ,october #bh1 #bjai;,committee on ,transportation and ,infrastructure discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed,for text of introduced bill1 see copy of bill as introduced on ,june #aj1 #bjai ,a ,,bill ,to reform and reauthorize the ,national ,flood ,insurance ,program1 and for other purposes4 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,national ,flood ,insurance ,program ,reauthorization ,act of #bjai4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4 ,sec4 #b4 ,congressional findings4 ,title ,i--,reauthorization and affordability ,sec4 #aja4 ,program extension4 ,sec4 #ajb4 ,demonstration program for policy affordability4 ,sec4 #ajc4 ,premium and fees relief for families and small businesses4 ,sec4 #ajd4 ,monthly installment payment of premiums4 ,sec4 #aje4 ,state revolving loan funds for low-interest loans4 ,sec4 #ajf4 ,use of replacement cost value in estimating premium rates4 ,sec4 #ajg4 ,refund of premiums upon cancellation of policy because of replacement with private flood insurance4 ,title ,,ii--,mapping ,sec4 #bja4 ,reauthorization of appropriations for ,national ,flood ,mapping ,program4 ,sec4 #bjb4 ,national ,flood ,mapping ,program4 ,sec4 #bjc4 ,flood mapping modernization and homeowner empowerment pilot program4 ,sec4 #bjd4 ,mapping improvements and reach4 ,sec4 #bje4 ,appeals regarding existing flood maps4 ,sec4 #bjf4 ,appeals and publication of projected special flood hazard areas4 ,sec4 #bjg4 ,communication and outreach regarding map changes4 ,sec4 #bjh4 ,adoption of partial flood maps4 ,sec4 #bji4 ,new zone for levee-impacted areas4 ,sec4 #baj4 ,agricultural structures in special flood hazard zones4 ,sec4 #baa4 ,technical ,mapping ,advisory ,council4 ,title ,,iii--,mitigation ,sec4 #cja4 ,increased cost of compliance coverage4 ,sec4 #cjb4 ,multiple-loss properties4 ,sec4 #cjc4 ,premium rates for certain mitigated properties4 ,sec4 #cjd4 ,coverage for cooperatives4 ,sec4 #cje4 ,voluntary community-based flood insurance pilot program4 ,sec4 #cjf4 ,mitigation funding4 ,sec4 #cjg4 ,community ,rating ,system improvements4 ,sec4 #cjh4 ,community assistance program for effective floodplain management4 ,title ,,iv--,modernization ,sec4 #dja4 ,effect of private flood insurance coverage on continuous coverage requirements4 ,sec4 #djb4 ,optional coverage for umbrella policies4 ,sec4 #djc4 ,annual independent actuarial study4 ,sec4 #djd4 ,sharing of and access to information4 ,sec4 #dje4 ,elevation certificates4 ,sec4 #djf4 ,leveraging risk transfer opportunities for a sound financial framework4 ,sec4 #djg4 ,write-,your-,own arrangements4 ,sec4 #djh4 ,study on increasing participation4 #b4 ,congressional findings ,the ,congress finds that-- 7#a7 since #bjaf1 communities and families across the ,united ,states have suffered over #cjj billion in losses as a result of flooding2 7#b7 flooding disasters in the ,united ,states present a threat to people1 property1 and taxpayers2 7#c7 the ,national ,flood ,insurance ,program 7,,nfip7 is a key component of the ,federal ,government's efforts to minimize the damage and financial impact of floods2 7#d7 the ,,nfip is the principal provider of flood insurance in the ,united ,states1 covering over #e million households and businesses across the country2 7#e7 affordability of flood insurance coverage remains a serious concern2 7#f7 investment in mitigation is a cost-effective means of reducing risk2 7#g7 a policyholder's ability to pay for flood insurance coverage should be considered for premium rate discounts2 and 7#h7 in the absence of widespread private insurance industry participation1 and as a matter of national policy1 the ,federal ,government must ensure the availability and affordability of flood insurance4 ,i ,reauthorization and affordability #aja4 ,program extension 7a7 ,financing ,subsection 7a7 of section #acji of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djaf7;a77 is amended by striking ,september #cj1 #bjai and inserting ,september #cj1 #bjbd4 7b7 ,program expiration ,section #acai of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djbf7 is amended by striking ,september #cj1 #bjai and inserting ,september #cj1 #bjbd4 7c7 ,retroactive effective date ,if this ,act is enacted after ,september #cj1 #bjai1 the amendments made by subsections 7a7 and 7b7 shall take effect as if enacted on ,september #cj1 #bjai4 #ajb4 ,demonstration program for policy affordability 7a7 ,authority 7#a7 ,in general ,the ,administrator of the ,federal ,emergency ,management ,agency shall establish and carry out a demonstration program under this section to demonstrate the effectiveness of providing means-tested discounted rates for flood insurance coverage made available under the ,national ,flood ,insurance ,act of #aifh for eligible households4 7#b7 ,consultation ,the ,administrator may consult with the ,secretary of the ,treasury and the ,secretary of ,housing and ,urban ,development about the implementation of the program established pursuant to paragraph 7#a74 7b7 ,eligible households and properties ,the ,administrator may provide discounted premium rates pursuant to this section only for properties that are-- 7#a7 #a- to #d-;family residential properties2 and 7#b7 the primary residence of a household whose income does not exceed #hj percent of the area median income1 as determined by the ,administrator in consultation with the ,secretary of ,housing and ,urban ,development4 7c7 ,income determinations ,for purposes of the program under this section1 the ,administrator shall make determinations of household income on an annual basis4 7d7 ,premium discounts ,notwithstanding any provision of the ,national ,flood ,insurance ,act of #aifh1 the chargeable premium rate for flood insurance coverage made available under the program under this section shall be an amount that does not exceed #b percent of annual area median income for the area within which is located the property for which the coverage is provided4 7e7 ,disclosure of full-risk rate ,the ,administrator shall provide to each policyholder purchasing flood insurance coverage under the program under this section for a property1 not later than the commencement of the period of such coverage1 a written statement setting forth the full actuarial premium rate for coverage for such property determined in accordance with section #acjg7;a77#a7 of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djad7;a77#a771 the amount of the premium discount for such coverage1 and any other information the ,administrator considers helpful to policyholders in understanding flood insurance coverage and costs4 7f7 ,guidance ,not later than the expiration of the #ab-month period beginning on the date of the enactment of this ,act1 the ,administrator shall issue guidance providing for the establishment of the demonstration program under this section1 which shall include-- 7#a7 an estimation of the cost of the program stated in terms of the aggregate of premium discounts to be made available under the program2 7#b7 a description of how the ,administrator will determine eligibility for households to participate in the program in accordance with the requirements for eligibility in subsection 7b72 and 7#c7 any new requirements to which policyholders participating in the program will be subject2 and 7#d7 the results of any consultation with the ,secretary of the ,treasury or the ,secretary of ,housing and ,urban ,development4 7g7 ,report to ,congress 7#a7 ,collection of information ,the ,administrator shall collect by survey or other means1 for each participating community in the national flood insurance program and regarding each year during the period beginning #e years before implementation of the demonstration program under this section and ending upon the termination date under subsection 7j71 the following information3 7,a7 ,the demographic characteristics of households purchasing flood insurance coverage under such program4 7,b7 ,the average median income of such households4 7,c7 ,the number of properties located in areas for which a major disaster related to flooding was declared pursuant to the ,robert ,t4 ,stafford ,disaster ,relief and ,emergency ,assistance ,act4 7,d7 ,the number of policies made available under the national flood insurance program and the number and aggregate amount of claims submitted under such program4 7,e7 ,for all properties in such community receiving discounted coverage under the demonstration program under this section1 the aggregate amount of the full actuarial premium rate for coverage that is determined in accordance with section #acjg7;a77#a7 of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djad7;a77#a77 and the aggregate amount of premium discounts provided under the demonstration program4 7,f7 ,for all properties in such community1 any changes to such full actuarial premium rates due to mapping changes or other factors4 7#b7 ,report to ,congress ,not later than the expiration of the #e-year period beginning upon the implementation of the demonstration program under this section1 the ,administrator shall submit to the ,congress a report evaluating the effectiveness of the assistance provided under the program1 which shall include-- 7,a7 a statement of the number of households participating in the program and the rates of participation by communities participating in the national flood insurance program1 including whether such rates of participation have changed by year2 and 7,b7 an estimate of the cost of the program to the ,national ,flood ,insurance ,fund under section #acaj of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djag74 7h7 ,definitions ,for purposes of this section1 the following definitions shall apply3 7#a7 ,administrator ,the term ,administrator means the ,administrator of the ,federal ,emergency ,management ,agency4 7#b7 ,premium discount ,the term premium discount means1 with respect to a policy for flood insurance coverage under the national flood insurance program made available under the program under this section1 the amount by which the full actuarial premium rate for coverage for such property that is determined in accordance with section #acjg7;a77#a7 of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djad7;a77#a77 exceeds the chargeable premium rate for the coverage made available under the program under this section4 7i7 ,termination ,the authority under this section to provide discounted premium rates for flood insurance coverage shall terminate on ,may #ca1 #bjbd4 #ajc4 ,premium and fees relief for families and small businesses 7a7 ,repeal of surcharge 7#a7 ,repeal ,section #acjh;,a of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djae;a7 is hereby repealed4 7#b7 ,conforming amendments ,the ,national ,flood ,insurance ,act of #aifh is amended-- 7,a7 in section #acjh7m7 7#db ,u4,s4,c4 #djae7m77-- 7i7 in paragraph 7#a71 by striking and the surcharges required under section #acjh;,a2 and 7ii7 in paragraph 7#b71 by striking or surcharges2 and 7,b7 in section #acaj;,a7c7 7#db ,u4,s4,c4 #djag;a7c771 by striking paragraph 7#d74 7b7 ,small loan exception to mandatory purchase requirement ,subparagraph 7,a7 of section #ajb7;c77#b7 of the ,flood ,disaster ,protection ,act of #aigc 7#db ,u4,s4,c4 #djab;a7c77#b77;,a77 is amended by striking #e1jjj and inserting #be1jjj4 #ajd4 ,monthly installment payment of premiums 7a7 ,authority ,subsection 7g7 of section #acjh of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djae7;g77 is amended-- 7#a7 by striking the subsection designation and all that follows through ,with respect and inserting the following3 7g7 ,frequency of premium collection 7#a7 ,options ,with respect 2 and 7#b7 by adding at the end the following3 7#b7 ,monthly installment payment of premiums 7,a7 ,exemption from rulemaking ,until such time as the ,administrator promulgates regulations implementing paragraph 7#a7 of this subsection1 the ,administrator may adopt policies and procedures1 notwithstanding any other provisions of law and in alignment and consistent with existing industry escrow and servicing standards1 necessary to implement such paragraph without undergoing notice and comment rulemaking and without conducting regulatory analyses otherwise required by statute1 regulation1 or ,executive order4 7,b7 ,pilot program ,the ,administrator may initially implement paragraph 7#a7 of this subsection as a pilot program that provides for a gradual phase-in of implementation4 7,c7 ,policyholder protection ,the ,administrator may-- 7i7 during the #ab-month period beginning on the date of the enactment of this subparagraph1 charge policyholders choosing to pay premiums in monthly installments a fee for the total cost of the monthly collection of premiums not to exceed #be annually2 and 7ii7 after the expiration of the #ab-month period referred to in clause 7i71 adjust the fee charged annually to cover the total cost of the monthly collection of premiums as determined by the report submitted pursuant to subparagraph 7,d74 7,d7 ,annual ,reports ,on an annual basis1 the ,administrator shall report to the ,committee on ,financial ,services of the ,house of ,representatives and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate the ongoing costs associated with the monthly payment of premiums4 4 7b7 ,implementation ,clause 7ii7 of section #acjg7;a77#a77;,b7 of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djad7;a77#a77;,b77ii77 is amended by inserting before any administrative expenses the following3 the costs associated with the monthly collection of premiums provided for in section #acjh7;g7 7#db ,u4,s4,c4 #djae7;g771 but only if such costs exceed the operating costs and allowances set forth in clause 7i7 of this subparagraph1 and4 #aje4 ,state revolving loan funds for low-interest loans ,chapter ,i of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djaa et seq47 is amended by adding at the end the following new section3 #acbf4 ,state revolving loan funds for low-interest loans 7a7 ,definitions ,in this section-- 7#a7 the term ,community ,rating ,system means the community rating system carried out under section #acae7;b72 7#b7 the term eligible ,state means a ,state1 the ,district of ,columbia1 and the ,commonwealth of ,puerto ,rico2 7#c7 the term insular area means-- 7,a7 ,guam2 7,b7 ,american ,samoa2 7,c7 the ,commonwealth of the ,northern ,mariana ,islands2 7,d7 the ,federated ,states of ,micronesia2 7,e7 the ,republic of the ,marshall ,islands2 7,f7 the ,republic of ,palau2 and 7,g7 the ,united ,states ,virgin ,islands2 7#d7 the term intended use plan means a plan prepared under subsection 7d77#a72 7#e7 the term low-income geographic area means an area described in paragraph 7#a7 or 7#b7 of section #cja7;a7 of the ,public ,works and ,economic ,development ,act of #aife 7#db ,u4,s4,c4 #cafa7;a772 7#f7 the term low-income homeowner means the owner of a primary residence1 the household income of which in a taxable year is not more than #hj percent of the median income for the area in which the residence is located2 7#g7 the term participating ,state means an eligible ,state that-- 7,a7 has entered into an agreement under subsection 7b77#a72 and 7,b7 agrees to comply with the requirements of this section2 7#h7 the term pre-,,firm building means a building for which construction or substantial improvement occurred before the effective date of the initial ,flood ,insurance ,rate ,map published by the ,administrator under section #acfj for the area in which the building is located2 7#i7 the term repetitive-loss property has the meaning given the term in section #acgj7;a72 7#aj7 the term severe repetitive-loss property has the meaning given the term in section #acgj7;a72 7#aa7 the term ,state loan fund means a flood mitigation assistance revolving loan fund established by an eligible ,state under this section2 and 7#ab7 the term tribal government means the recognized government of an ,indian tribe1 or the governing body of an ,alaska ,native regional or village corporation1 that has been determined eligible to receive services from the ,bureau of ,indian ,affairs4 7b7 ,general authority 7#a7 ,in general ,the ,administrator may enter into an agreement with an eligible ,state to provide a capitalization grant for the eligible ,state to establish a revolving fund that will provide funding assistance to help homeowners1 businesses1 nonprofit organizations1 and communities reduce flood risk in order to decrease-- 7,a7 the loss of life and property2 7,b7 the cost of flood insurance2 and 7,c7 ,federal disaster payments4 7#b7 ,timing of deposit and agreements for distribution of funds 7,a7 ,in general ,not later than the last day of the fiscal year following the fiscal year in which a capitalization grant is made to a participating ,state under paragraph 7#a71 the participating ,state shall-- 7i7 deposit the grant in the ,state loan fund of the ,state2 and 7ii7 enter into one or more binding agreements that provide for the ,state to distribute the grant funds for purposes authorized under subsection 7c7 such that-- 7,i7 in the case of the initial grant made under this section to a ,state1 not less than #ge percent of the amount of the grant funds shall be distributed before the expiration of the #bd-month period beginning upon deposit of such funds in the ,state loan fund of the ,state2 and 7,,ii7 in the case of any subsequent grant made under this section to a ,state1 not less than #ij percent of the amount of the grant funds made under the capitalization grant shall be distributed before the expiration of the #ab-month period beginning upon deposit of such funds in the ,state loan fund of the ,state4 7,b7 ,noncompliance ,except as provided in subparagraph 7,c71 if a participating ,state does not comply with subparagraph 7,a7 with respect to a grant1 the ,administrator shall reallocate the grant in accordance with paragraph 7#c77;,b74 7,c7 ,exception ,the ,administrator may not reallocate any funds under subparagraph 7,b7 to a participating ,state that violated subparagraph 7,a7 with respect to a grant made during the same fiscal year in which the funds to be reallocated were originally made available4 7#c7 ,allocation 7,a7 ,in general ,the ,administrator shall allocate amounts made available to carry out this section to participating ,states-- 7i7 for the participating ,states to deposit in the ,state loan funds established by the participating ,states2 and 7ii7 except as provided in paragraph 7#f71 in accordance with the requirements described in subparagraph 7,b74 7,b7 ,requirements ,the requirements described in this subparagraph are as follows3 7i7 ,fifty percent of the total amount made available under subparagraph 7,a7 shall be allocated so that each participating ,state receives the percentage amount that is obtained by dividing the number of properties that were insured under the national flood insurance program in that ,state in the fiscal year preceding the fiscal year in which the amount is allocated by the total number of properties that were insured under the national flood insurance program in the fiscal year preceding the fiscal year in which the amount is allocated4 7ii7 ,fifty percent of the total amount made available under subparagraph 7,a7 shall be allocated so that each participating ,state receives a percentage of funds that is equal to the product obtained under clause 7iii77,,iv7 with respect to that participating ,state after following the procedures described in clause 7iii74 7iii7 ,the procedures described in this clause are as follows3 7,i7 ,divide the total amount collected in premiums for properties insured under the national flood insurance program in each participating ,state during the previous fiscal year by the number of properties insured under the national flood insurance program in that ,state for that fiscal year4 7,,ii7 ,add together each quotient obtained under subclause 7,i74 7,,iii7 ,for each participating ,state1 divide the quotient obtained under subclause 7,i7 with respect to that ,state by the sum obtained under subclause 7,,ii74 7,,iv7 ,for each participating ,state1 multiply the amount that is #ej percent of the total amount made available under subparagraph 7,a7 by the quotient obtained under subclause 7,,iii74 7iv7 ,except as provided in paragraph 7#e71 in a fiscal year-- 7,i7 a participating ,state may not receive more than #ae percent of the total amount that is made available under subparagraph 7,a7 in that fiscal year2 and 7,,ii7 if a participating ,state1 based on the requirements under clauses 7i7 through 7iii71 would1 but for the limit under subclause 7,i7 of this clause1 receive an amount that is greater than the amount the ,state is authorized to receive under that subclause1 the difference between the authorized amount and the amount otherwise due to the ,state under clauses 7i7 through 7iii7 shall be allocated to other participating ,states-- 7aa7 that1 in that fiscal year1 have not received an amount under subparagraph 7,a7 that is more than the authorized amount under subclause 7,i7 of this clause2 and 7bb7 by using the requirements under clauses 7i7 through 7iii71 except that a participating ,state may receive an allocation under this subclause only if the allocation does not result in the ,state receiving a total amount for the fiscal year under subparagraph 7,a7 that is greater than the authorized amount under subclause 7,i74 7#d7 ,no revolving fund required 7,a7 ,in general ,notwithstanding any other provision of this section1 and subject to subparagraph 7,b71 a participating ,state that receives less than #d1jjj1jjj under paragraph 7#c77;,b7 in a fiscal year may distribute the funds directly in the form of grants or technical assistance for a purpose described in subsection 7c77#b71 without regard to whether the ,state has established a ,state loan fund4 7,b7 ,state matching ,a participating ,state that exercises the authority under subparagraph 7,a7 in a fiscal year shall provide matching funds from non-,federal sources in an amount that is equal to #ae percent of the amount that the ,state receives under paragraph 7#c77;,b7 in that fiscal year for purposes described in subparagraph 7,a74 7#e7 ,allocation of remaining funds ,after allocating amounts made available to carry out this section for a fiscal year in accordance with paragraph 7#c71 the ,administrator shall allocate any remaining amounts made available for that fiscal year to participating ,states1 using the procedures described in clauses 7i7 through 7iii7 of paragraph 7#c77;,b74 7#f7 ,allocation for tribal governments and insular areas ,the ,administrator shall reserve not less than #e4j percent of the amount made available to carry out this section in a fiscal year to enter into grant agreements with tribal governments and insular areas1 with the grant funds to be distributed-- 7,a7 according to criteria established by the ,administrator2 and 7,b7 for a purpose described in subsection 7c77#b74 7#g7 ,administrative costs2 technical assistance ,the ,administrator shall reserve not more than #b4e percent of the amount made available to carry out this section in a fiscal year-- 7,a7 for administrative costs incurred in carrying out this section2 and 7,b7 to provide technical assistance to recipients of grants under this section4 7c7 ,use of funds 7#a7 ,in general ,amounts deposited in a ,state loan fund1 including repayments of loans made from the fund and interest earned on the amounts in the fund1 shall be used-- 7,a7 consistent with paragraphs 7#b7 and 7#c7 and subsection 7g71 to provide financial assistance for-- 7i7 homeowners1 businesses1 and nonprofit organizations that are eligible to participate in the national flood insurance program2 7ii7 any local government that participates in the national flood insurance program2 and 7iii7 any ,state government agencies or subdivisions of any ,state government that engage in floodplain management activities2 7,b7 as a source of revenue and security for leveraged loans1 the proceeds of which shall be deposited in the ,state loan fund2 or 7,c7 for the sale of bonds as security for payment of the principal and interest on revenue or general obligation bonds issued by the participating ,state to provide matching funds under subsection 7g71 if the proceeds from the sale of the bonds are deposited in the ,state loan fund4 7#b7 ,purposes ,a recipient of financial assistance provided through amounts from a ,state loan fund-- 7,a7 shall use the amounts to reduce-- 7i7 flood risk2 or 7ii7 potential flood claims submitted under the national flood insurance program2 7,b7 shall use the amounts in a cost-effective manner under requirements established by the ,state1 which may require an applicant for financial assistance to submit any information that the ,state considers relevant or necessary before the date on which the applicant receives the assistance2 7,c7 shall use the amounts for projects that-- 7i7 meet design and construction standards established by the ,administrator2 7ii7 are located in communities that-- 7,i7 participate in the national flood insurance program2 and 7,,ii7 have developed a ,state1 local1 or tribal government hazard mitigation plan that has been approved by the ,administrator under section #acff2 7iii7 7,i7 address a repetitive-loss property or a severe repetitive-loss property2 or 7,,ii7 address flood risk in the #ejj-year floodplain1 areas of residual flood risk1 or other areas of potential flood risk1 as identified by the ,administrator2 and 7iv7 address current risk and anticipate future risk1 such as sea-level rise2 7,d7 may use the amounts-- 7i7 for projects relating to-- 7,i7 structural elevation2 7,,ii7 floodproofing2 7,,iii7 the relocation or removal of buildings from the #ajj-year floodplain or other areas of flood risk1 including the acquisition of properties for such a purpose2 7,,iv7 environmental restoration activities that directly reduce flood risk2 7,v7 any eligible activity described in subparagraphs 7,a7 through 7,g7 of section #acff7;c77#c72 or 7,,vi7 other activities determined appropriate by the ,administrator2 7ii7 with respect to a project described in clause 7i71 only for expenditures directly related to a project described in that clause1 including expenditures for planning1 design1 and associated pre-construction activities2 and 7iii7 to acquire1 for the purposes of permanent protection1 land1 buildings1 or a conservation easement from a willing seller or grantor2 7,e7 may not use the amounts-- 7i7 to construct buildings or expand existing buildings unless the activity is for the purpose of flood mitigation2 7ii7 to improve any structure1 unless the recipient has obtained flood insurance coverage in an amount at least equal to the lesser of the eligible project costs or the maximum insurable limit for the structure under the national flood insurance program coverage for the structure1 which coverage shall be maintained for the useful life of the structure2 7iii7 to improve a residential property with an appraised value that is not less than #abe percent of the limitation on the maximum original principal obligation of a conventional mortgage that may be purchased by the ,federal ,national ,mortgage ,association or the ,federal ,home ,loan ,mortgage ,corporation in the area in which the property is located1 as established under section #cjb7;b77#b7 of the ,federal ,national ,mortgage ,association ,charter ,act 7#ab ,u4,s4,c4 #agag7;b77#b77 and section #cje7;a77#b7 of the ,federal ,home ,loan ,mortgage ,corporation ,act 7#ab ,u4,s4,c4 #aded7;a77#b772 7iv7 for the direct benefit of a homeowner if the annual household adjusted gross income of the homeowner during the previous fiscal year was not less than #bjj1jjj1 as annually adjusted by the ,administrator to reflect changes in the ,consumer ,price ,index for ,all ,urban ,consumers1 as published by the ,bureau of ,labor ,statistics of the ,department of ,labor and rounded to the nearest #be2 or 7v7 to acquire real property or an interest in real property unless the property is purchased from a willing seller2 and 7,f7 shall1 in the use of such amounts1 give priority to the maximum extent practicable to projects that assist low-income homeowners and low-income geographical areas4 7d7 ,intended use plans 7#a7 ,in general ,after providing the opportunity for public review and comment1 each participating ,state shall annually prepare a plan that identifies1 for the year following the date of issuance of the intended use plan1 the intended uses of the amounts available in the ,state loan fund of the participating ,state4 7#b7 ,consultation during preparation ,each participating ,state1 in preparing an intended use plan1 shall ensure that the ,state agency with primary responsibility for floodplain management-- 7,a7 provides oversight with respect to the preparation of the intended use plan2 and 7,b7 consults with any other appropriate ,state agency1 including agencies responsible for coastal and environmental management4 7#c7 ,contents ,a participating ,state shall1 in each intended use plan-- 7,a7 include-- 7i7 an explanation of the mitigation and resiliency benefits the ,state intends to achieve1 including by-- 7,i7 reducing future damage and loss associated with flooding2 7,,ii7 reducing the number of severe repetitive-loss properties and repetitive-loss properties in the ,state2 7,,iii7 decreasing the number of flood insurance claims in the ,state2 and 7,,iv7 increasing the rating under the ,community ,rating ,system for communities in the ,state2 7ii7 information with respect to the availability of1 and the application process for receiving1 financial assistance from the ,state loan fund of the ,state2 7iii7 the criteria and methods established for the distribution of amounts from the ,state loan fund of the ,state2 7iv7 the amount of financial assistance that the ,state anticipates allocating to-- 7,i7 local government projects2 and 7,,ii7 projects for homeowners1 business1 or nonprofit organizations2 7v7 the expected terms of the assistance provided under clause 7iv72 and 7vi7 a description of the financial status of the ,state loan fund and the short-term and long-term goals of the ,state loan fund2 and 7,b7 provide1 to the maximum extent practicable1 that priority for the use of amounts from the ,state loan fund shall be given to projects that-- 7i7 address severe repetitive-loss properties and repetitive-loss properties2 7ii7 assist low-income homeowners and low-income geographic areas2 and 7iii7 address flood risk for pre-,,firm buildings4 7#d7 ,publication ,each participating ,state shall publish and periodically update a list of all projects receiving funding from the ,state loan fund of the ,state1 which shall include identification of-- 7,a7 the community in which the project is located2 7,b7 the type and amount of assistance provided for each project2 and 7,c7 the expected funding schedule and date of completion of each project4 7e7 ,fund management ,amounts in a ,state loan fund shall-- 7#a7 remain available for providing financial assistance under this section until distributed2 7#b7 if the amounts are not required for immediate distribution or expenditure1 be invested in interest-bearing obligations2 and 7#c7 except as provided in subsection 7i71 include only-- 7,a7 amounts received from capitalization grants made under this section2 7,b7 repayments of loans made from the fund2 and 7,c7 interest earned on amounts in the fund4 7f7 ,matching funds 7#a7 ,full grant ,on or before the date on which a participating ,state receives a capitalization grant1 the ,state shall deposit into the ,state loan fund of the ,state1 in addition to the amount of the capitalization grant1 an amount from non-,federal sources that is not less than #aj percent of the total amount of the capitalization grant4 7#b7 ,reduced grant ,notwithstanding paragraph 7#a71 if a ,state deposits in the ,state loan fund of the ,state in connection a capitalization grant an amount from non-,federal sources that is less than #aj percent of the total amount of the capitalization grant that would otherwise be received by the ,state1 the ,administrator shall reduce the amount of the capitalization grant received by the ,state to the amount that is #aj times the amount so deposited and shall allocate such remaining grant amounts under subsection 7b77#e7 together with the amounts allocated under such subsection4 7g7 ,types of assistance ,unless otherwise prohibited by ,state law1 a participating ,state may use the amounts deposited into a ,state loan fund under this section only-- 7#a7 to make a loan1 on the condition that-- 7,a7 the interest rate for the loan is not more than the market interest rate2 7,b7 the recipient of the loan will begin making principal and interest payments on the loan not later than #a year after the date on which the project for which the loan was made is completed2 7,c7 the loan will be fully amortized not later than #bj years after the date on which the project for which the loan was made is completed1 except that1 in the case of a loan made for a project in a low-income geographic area or to a low-income homeowner1 the ,state may provide a longer amortization period for the loan if that longer period-- 7i7 ends on a date that is not later than #cj years after the date on which the project is completed2 and 7ii7 is not longer than the expected design life of the project2 7,d7 the recipient of the loan demonstrates1 based on verified and documented information that1 at the time the loan is consummated1 that the recipient has a reasonable ability to repay the loan1 according to its terms1 except that this subparagraph may not be construed to authorize any reduction or limitation in efforts to comply with the requirements of subsection 7c77#b77;,e7 7relating to priority for assistance for low-income homeowners and low-income geographical areas72 and 7,e7 payments of principal and interest with respect to the loan will be deposited into the ,state loan fund2 7#b7 to buy or refinance the debt obligation of a local government related to flood mitigation or resiliency activities1 at an interest rate that is not more than the market interest rate2 7#c7 to guarantee1 or purchase insurance for1 a local obligation1 the proceeds of which finance a project eligible for assistance under this section1 if the guarantee or purchase1 as applicable1 would-- 7,a7 improve credit market access2 or 7,b7 reduce the interest rate with respect to the obligation2 7#d7 as a source of revenue or as security for the payment of principal and interest on revenue or general obligation bonds issued by the ,state if the proceeds of the sale of the bonds will be deposited into the ,state loan fund2 or 7#e7 to earn interest on those amounts4 7h7 ,assistance for low-,income homeowners and low-,income geographic areas 7#a7 ,in general ,notwithstanding any other provision of this section1 if a participating ,state uses amounts from a ,state loan fund to provide financial assistance under subsection 7c7 in a low-income geographic area or to a low-income homeowner1 the ,state may provide additional subsidization to the recipient of the assistance1 including forgiveness of the principal of a loan4 7#b7 ,limitation ,for each fiscal year1 the total amount of additional subsidization provided by a participating ,state under paragraph 7#a7 may not exceed #cj percent of the amount of the capitalization grant allocated to the ,state for that fiscal year4 7i7 ,administration of fund 7#a7 ,in general ,a participating ,state may combine the financial administration of a ,state loan fund with the financial administration of any other revolving fund established by the ,state if-- 7,a7 combining the administration of the funds would-- 7i7 be convenient and avoid administrative costs2 and 7ii7 not violate the law of the ,state2 and 7,b7 the ,administrator determines that-- 7i7 amounts obtained from a grant made under this section1 amounts obtained from the repayment of a loan made from a ,state loan fund1 and interest earned on amounts in a ,state loan fund will be-- 7,i7 accounted for separately from amounts from other revolving funds2 and 7,,ii7 used only for purposes authorized under this section2 and 7ii7 after consulting with the appropriate ,state agencies1 the authority to establish assistance priorities and carry out oversight and related activities1 other than financial administration1 with respect to flood assistance remains with the ,state agency with primary responsibility for floodplain management4 7#b7 ,administrative and technical costs 7,a7 ,in general ,for each fiscal year1 a participating ,state may use the amount described in subparagraph 7,b7 to-- 7i7 pay the reasonable costs of administration of the programs under this section1 including the recovery of reasonable costs incurred in establishing a ,state loan fund2 7ii7 provide appropriate oversight of projects authorized under this section2 and 7iii7 provide technical assistance and outreach to recipients in the ,state of amounts under this section1 including with respect to updating hazard mitigation plans and participating in the ,community ,rating ,system1 in an amount that is not more than #d percent of the funds made available to the ,state under this section4 7,b7 ,description ,the amount described in this subparagraph is an amount equal to the sum of-- 7i7 any fees collected by a participating ,state to recover the costs described in subparagraph 7,a77i71 regardless of the source2 and 7ii7 the greatest of-- 7,i7 #djj1jjj2 7,,ii7 #j4b percent of the value of the ,state loan fund of a ,state1 as of the date on which the valuation is made2 and 7,,iii7 an amount equal to #g percent of all grant awards made to a participating ,state for the ,state loan fund of the ,state under this section for the fiscal year4 7#c7 ,audit and report 7,a7 ,audit requirement ,not less frequently than biennially1 each participating ,state shall conduct an audit of the ,state loan fund of the ,state4 7,b7 ,report ,each participating ,state shall submit to the ,administrator a biennial report regarding the activities of the ,state under this section during the period covered by the report1 including-- 7i7 the result of any audit conducted by the ,state under subparagraph 7,a72 and 7ii7 a review of the effectiveness of the ,state loan fund of the ,state with respect to-- 7,i7 the intended use plans of the ,state2 and 7,,ii7 meeting the objectives described in subsection 7b77#a74 7#d7 ,oversight ,in conducting oversight with respect to ,state loan funds established under this section1 the ,administrator-- 7,a7 shall-- 7i7 periodically audit the funds in accordance with procedures established by the ,comptroller ,general of the ,united ,states2 and 7ii7 not less frequently than once every #d years1 review each ,state loan fund to determine the effectiveness of the fund in reducing flood risk2 and 7,b7 may1 at any time-- 7i7 make recommendations to a participating ,state with respect to the administration of the ,state loan fund of the ,state2 or 7ii7 require specific changes with respect to a ,state loan fund in order to improve the effectiveness of the fund4 7j7 ,liability protections ,the ,federal ,government shall not be liable for any claim based upon the exercise or performance of1 or the failure to exercise or perform1 a discretionary function or duty on the part of the ,federal agency1 or an employee of the ,federal ,government1 in carrying out the provision of this section4 7k7 ,regulations ,the ,administrator shall promulgate such guidance or regulations as may be necessary to carry out this section1 including guidance or regulations that-- 7#a7 ensure that each participating ,state to which funds are allocated under this section uses the funds as efficiently as possible2 7#b7 reduce1 to the maximum extent practicable1 waste1 fraud1 and abuse with respect to the implementation of this section2 and 7#c7 require any party that receives funds directly or indirectly under this section1 including a participating ,state and a recipient of amounts from a ,state loan fund1 to use procedures with respect to the management of the funds that conform to generally accepted accounting standards4 7l7 ,authorization of appropriations ,there ia authorized to be appropriated to carry out this section #ej1jjj1jjj for each of fiscal years #bjbj through #bjbd4 4 #ajf4 ,use of replacement cost value in estimating premium rates ,section #acjg of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djad7 is amended by adding at the end the following new subsection3 7i7 ,use of ,replacement ,cost ,value ,in determining affordability for insurance provided under this title1 the ,administrator may consider1 where appropriate1 the impact of the inclusion of the replacement cost or other settlement basis of the structure4 4 #ajg4 ,refund of premiums upon cancellation of policy because of replacement with private flood insurance ,section #acjf of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djac7 is amended by adding at the end the following new subsection3 7e7 ,refund of unearned premiums for policies canceled because of replacement with private flood insurance 7#a7 ,required refund ,subject to subsection 7c71 if at any time an insured under a policy for flood insurance coverage for a property that is made available under this title cancels such policy because other duplicate flood insurance coverage for the same property has been obtained from a source other than the ,national ,flood ,insurance ,program under this title1 the ,administrator shall refund to the former insured a portion of the premiums paid for the coverage made available under this title1 as determined consistent with industry practice according to the portion of the term of the policy that such coverage was in effect1 but only if a copy of declarations page of the new policy obtained from a source other than the program under this title is provided to the ,administrator4 7#b7 ,effective date of cancellation ,for purposes of this subsection1 a cancellation of a policy for coverage made available under the ,national ,flood ,insurance ,program under this title1 for the reason specified in paragraph 7#a71 shall be effective-- 7,a7 on the effective date of the new policy obtained from a source other than the program under this title1 if the request for such cancellation was received by the ,administrator before the expiration of the #f-month period beginning on the effective date of the new policy2 or 7,b7 on the date of the receipt by the ,administrator of the request for cancellation1 if the request for such cancellation was received by the ,administrator after the expiration of the #f-month period beginning on the effective date of the new policy4 7#c7 ,prohibition of refunds for properties receiving increased cost of compliance claims ,no premium amounts paid for coverage made available under this title may be refunded pursuant to this subsection-- 7,a7 with respect to coverage for any property for which measures have been implemented using amounts received pursuant to a claim under increased cost of compliance coverage made available pursuant to section #acjd7;b72 or 7,b7 if a claim has been paid or is pending under the policy term for which the refund is sought4 4 ,,ii ,mapping #bja4 ,reauthorization of appropriations for ,national ,flood ,mapping ,program ,subsection 7f7 of section #ajjbaf of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja7;b77 is amended by striking #djj1jjj1jjj for each of fiscal years #bjac through #bjag and inserting #ejj1jjj1jjj for each of fiscal years #bjai through #bjbc4 #bjb4 ,national ,flood ,mapping ,program 7a7 ,inclusion of cadastral features in rate maps ,section #ajjbaf7;b77#c7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7b77#c77 is amended-- 7#a7 in subparagraph 7,d71 by striking and at the end2 7#b7 in subparagraph 7,e71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7,f7 cadastral features1 including1 for each cadastral feature-- 7i7 the associated parcel identification data for such cadastral feature2 and 7ii7 to the maximum extent practicable1 using public and private sector address data1 the address of such cadastral feature4 4 7b7 ,format of rate maps ,section #ajjbaf7;c77#b7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7c77#b77 is amended-- 7#a7 in subparagraph 7,b71 by striking and at the end2 7#b7 in subparagraph 7,c71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7,d7 spatially accurate in accordance with the common protocols for geospatial data under section #geg of the ,geospatial ,data ,act of #bjah 7#dc ,u4,s4,c4 #bhjf74 4 7c7 ,additional considerations ,section #ajjbaf of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7 is amended-- 7#a7 by redesignating subsection 7f7 as subsection 7m72 and 7#b7 by inserting after subsection 7e7 the following3 7g7 ,stream flow networks 7#a7 ,in general ,the ,administrator shall coordinate with the ,united ,states ,geological ,survey for the sharing of data from stream flow networks critical to the ,national ,flood ,insurance ,program1 flood risk mapping1 and flood risk assessments1 to ensure that-- 7,a7 the stream gage stations in such stream flow networks are operational and use modern hardware2 7,b7 such stream flow networks are sufficiently densified by adding new stream gage stations in high-risk areas2 7,c7 inactive critical stream gage stations in such stream flow networks are reactivated2 and 7,d7 the speed of the geospatial real-time data feeds from such stream gage stations is increased4 7#b7 ,definitions ,in this subsection3 7,a7 ,stream flow network ,the term stream flow network means a network of stream flow gages maintained under the direction of the ,united ,states ,geological ,survey and its partners that is used to measure or record the flow of water down a stream or river1 or through an entire watershed system1 and transmit such information using a geospatial real-time data feed4 7,b7 ,stream gage station ,the term stream gage station means a device installed at the edge of a river or stream that measures or records the flow of water down the stream and additional information such as water height1 water chemistry1 and water temperature4 7#c7 ,rule of construction ,the purpose of this subsection is to require cooperation between the ,federal ,emergency ,management ,agency and ,united ,states ,geological ,survey and nothing in this subsection may be construed to require or obligate funding expenditures4 7h7 ,availability of data to public ,the ,administrator shall make available to the public on the website of the ,federal ,emergency ,management ,agency a national geospatial data repository that-- 7#a7 provides access to the raw data used to include the cadastral features and parcel identification data in ,national ,flood ,insurance ,program rate maps2 7#b7 to the extent that such data is available1 allows users to view1 query1 and obtain such data at multiple levels of detail1 including down to the property level2 7#c7 allows users to view flood risks1 flood insurance zones1 and flood elevations2 7#d7 provides access to flood mapping and related information such as-- 7,a7 hydrologic and hydraulic models used in determining flood risk2 7,b7 structure footprints where available as part of a national structure inventory2 7,c7 flood depth grids2 7,d7 flood risk reports2 7,e7 flood risk assessments 7,hazus analyses72 7,f7 hazard mitigation plans2 and 7,g7 other flood risk products at the discretion of the ,administrator2 and 7#e7 maintains and disseminates such data in a consistent manner4 7i7 ,ensuring current data ,not less frequently than once every #e years1 the ,administrator shall verify that each ,national ,flood ,insurance ,program rate map contains data that is current and credible4 7j7 ,qualifications-,based ,selection ,contracting 7#a7 ,in general ,with respect to a contract awarded by the ,administrator under this ,act1 or by an entity receiving a grant under this ,act1 for program management1 architectural and engineering services1 or surveying and mapping1 such a contract shall be awarded to a contractor selected in accordance with the procedures described in section #aajc of title #dj1 ,united ,states ,code 7or an applicable equivalent ,state qualifications-based statute74 ,the ,administrator1 or entity1 as the case may be1 shall require such contractor1 as a condition of such contract1 to award any subcontract for program management1 architectural and engineering services1 or surveying and mapping in accordance with the procedures described in the previous sentence1 or the applicable equivalent ,state statute4 7#b7 ,relationship to ,state law ,nothing in this subsection shall supersede any applicable ,state licensing law governing professional licensure4 7#c7 ,definitions ,in this subsection3 7,a7 ,architectural and engineering services ,the term architectural and engineering services has the meaning given that term in section #aajb of title #dj1 ,united ,states ,code4 7,b7 ,surveying and mapping ,the term surveying and mapping includes geospatial activities associated with measuring1 locating1 and preparing maps1 charts1 or other graphical or digital presentations depicting natural and man-made physical features1 phenomena1 and legal boundaries of the earth1 including the following3 7i7 ,topographic ,engineering ,surveying1 including acquisition of topographic oriented surveying and mapping data for design1 construction1 master planning1 operations1 as-built conditions1 precise structure stability studies using conventional and electronic instrumentation1 photogrammetric1 ,li,d,a,r1 remote sensing1 inertial1 satellite1 and other manned and unmanned survey methods as applicable4 7ii7 ,hydrographic ,engineering ,surveying1 including acquisition of hydrographic oriented surveying and mapping data for design1 construction1 dredging1 master planning1 operations1 and as-built conditions using conventional and electronic instrumentation1 and photogrammetric1 remote sensing1 inertial1 satellite1 side scan sonar1 subbottom profiling1 and other surveying methods1 as applicable4 7iii7 ,land ,surveying1 including property and boundary surveys1 monumentation1 marking and posting1 and preparation of tract descriptions1 using conventional1 electronic instrumentation1 photogrammetric1 inertial1 satellite1 and other survey methods1 as applicable4 7iv7 ,geodetic ,surveying1 including first1 second1 and third order horizontal and vertical control surveys1 geodetic astronomy1 gravity and magnetic surveys using conventional1 electronic instrumentation1 photogrammetric1 inertial1 satellite1 and other survey methods1 as applicable4 7v7 ,cartographic ,surveying1 including acquisition of topographic and hydrographic oriented surveying and mapping data for construction of maps1 charts1 and similar products for planning1 flood analysis1 and general use purposes using conventional and electronic instrumentation1 photogrammetric1 inertial1 satellite1 mobile1 terrestrial1 and other survey methods1 as applicable4 7vi7 ,mapping1 charting1 and related geospatial database development1 including the design1 compilation1 digitizing1 attributing1 scribing1 drafting1 printing and dissemination of printed or digital map1 chart1 and related geospatial database products associated with planning1 engineering1 operations1 and related real estate activities using photogrammetric1 geographic information systems1 and other manual and computer assisted methods1 as applicable4 7k7 ,definitions ,in this section3 7#a7 ,cadastral feature ,the term cadastral feature means the geographic elements and features-- 7,a7 that are independent of elevation1 such as roads1 structure footprints1 and rivers and lakes2 7,b7 which are represented on maps to show the true location and size of the elements in relationship to each other1 as they are seen from the air2 and 7,c7 that are mapped from ,li,d,a,r or aerial photography by employing basic photogrammetry4 7#b7 ,parcel identification data ,the term parcel identification data means the information associated with a parcel of land1 including the geographic location1 unique parcel identifier1 boundaries1 structures contained within the parcel1 zoning classification1 and owner4 4 #bjc4 ,flood mapping modernization and homeowner empowerment pilot program 7a7 ,in general ,the ,administrator of the ,federal ,emergency ,management ,agency shall carry out a pilot program to make grants to units of local government to enhance the mapping of urban flooding and associated property damage and the availability of such mapped data to homeowners1 businesses1 and units of local government to enable them to minimize the risk of such flooding4 7b7 ,objectives ,amounts from grants made under the pilot program under this section may be used only to carry out activities to meet the following objectives3 7#a7 ,to develop a methodology for assessing urban flood risk through the deployment of technology-based mapping tools that are easily understandable by the public and effectively convey information regarding the level of flood risk4 7#b7 ,to provide structure-specific projections of annual chance flood frequency4 7#c7 ,to provide structure-based flood-risk assessments4 7#d7 ,to provide urban flood-risk mitigation program design4 7#e7 ,to incorporate information regarding climate trends into urban flooding risk assessments4 7#f7 ,to make the information described in this subsection publicly available on the internet through a web-based portal so as to increase transparency regarding homeowner flood risks1 except that the ,administrator may not disclose such information to the public or to a private company in a manner that violates section #eeb;a of title #e1 ,united ,states ,code1 or any regulation implementing that section4 7c7 ,eligible recipients 7#a7 ,in general ,grants under the pilot program under this section may be made only to units of general local government located in urbanized areas1 as such term is used by the ,bureau of the ,census of the ,department of ,commerce1 having populations exceeding #ej1jjj or to stormwater management authorities of such units of general local government4 7#b7 ,one-time grants ,a grant under the pilot program under this section may not be made to-- 7,a7 any unit of general local governmental1 or stormwater management authority of a unit of general government1 that has previously received a grant under the pilot program2 7,b7 any unit of general local government if the stormwater management agency for such unit has previously received a grant under the pilot program2 or 7,c7 any stormwater management agency of a unit of general local government if such unit has previously received a grant under the pilot program4 7#c7 ,treatment of stormwater management authorities ,in the case of a stormwater management authority that operates with respect to more than one unit of general local government1 the application of such authority shall be considered for purposes of paragraph 7#b7 of this subsection and subsections 7e71 7f71 and 7g77#a7 to be made for the largest unit of general local government for which such authority operates4 ,the preceding sentence shall not limit the ability of such authority to carry out activities under the demonstration project in any other jurisdictions or unit of local government with respect to which the authority operates4 7d7 ,applications ,to be eligible for a grant under this section a unit of general local government or stormwater management agency shall submit to the ,administrator an application in such form and containing such information as the ,administrator shall require4 7e7 ,selection of recipients 7#a7 ,annual selection ,subject to paragraph 7#b7 and to the submission of approvable applications1 in each fiscal year for which amounts are made available for grants under the pilot program under this section the ,administrator shall select1 from among applications submitted under subsection 7d7 for such fiscal year1 #c units of general government or stormwater management authorities to receive grants under the pilot program under this section4 7#b7 ,aggregate limit ,subject only to the submission of approvable applications1 the ,administrator shall select1 in the aggregate over the entire duration of the pilot program under this section1 #ab units of general government or stormwater management authorities to receive grants under the pilot program1 as follows3 7,a7 ,tier #a ,three of the applicants selected shall be units of general local government1 or stormwater management authorities for such units1 having a population exceeding #hjj1jjj1 as follows3 7i7 ,pelagic coastal city ,one shall be a unit of general local government1 or stormwater authority for such a unit1 that is a pelagic unit4 7ii7 ,non-pelagic coastal city ,one shall be unit of general local government1 or stormwater authority for such a unit1 that is a coastal unit1 but not a pelagic unit4 7iii7 ,non-coastal city ,one shall be unit of general local government1 or stormwater authority for such a unit1 that is not a coastal unit4 7,b7 ,tier #b ,six of the applicants selected shall be units of general local government1 or stormwater management authorities for such units1 having a population exceeding #bjj1jjj but not exceeding #hjj1jjj1 as follows3 7i7 ,coastal cities ,three shall be units of general local government1 or stormwater management authorities for such units1 that are coastal units4 7ii7 ,non-coastal cities ,three shall be units of general local government1 or stormwater management authorities for such units1 that are not coastal units4 7,c7 ,tier #c ,three of the applicants selected shall be units of general local government1 or stormwater management authorities for such units1 having a population exceeding #ej1jjj but not exceeding #bjj1jjj4 7f7 ,priority 7#a7 ,in general ,the ,administrator shall select applicants for grants under the pilot program under this section based on the extent to which their applications will achieve the objectives set forth in subsection 7b74 7#b7 ,tiers #b and #c ,in selecting applicants to receive grants under the pilot program under this section pursuant to subparagraphs 7,b7 and 7,c7 of subsection 7e77#b71 the ,administrator shall give priority to applicants-- 7,a7 that are highly vulnerable to sea level rise2 7,b7 within which are located a military installation or other facility relating to national security concerns2 or 7,c7 that have a population that is highly vulnerable to urban flooding and have an uneven capacity for flood mitigation and response efforts resulting from socioeconomic factors4 7g7 ,amount 7#a7 ,considerations ,in determining the amount of grant under the pilot program under this section1 the ,administrator shall consider the population of the grant recipient1 which may be considered in terms of the tier under subsection 7e77#b7 of the recipient4 7#b7 ,federal share ,the amount of a grant under the pilot program under this section may not exceed #ge percent of the total cost of the activities under subsection 7b7 to be carried out using the grant amounts4 7h7 ,duration ,the ,administrator shall require each recipient of a grant under the pilot program under this section to complete the activities under subsection 7b7 to be carried out using the grant amounts before the expiration of the #ah-month period beginning upon the initial receipt of grant amounts under the pilot program4 7i7 ,use of census data ,the ,administrator shall make all determinations under the pilot program regarding population using the most recent available data from the decennial census4 7j7 ,grantee reports to ,,fema ,each recipient of a grant under the pilot program under this section shall1 not later than the expiration of the #cj-month period beginning upon the initial receipt of any such grant amounts1 submit to the ,administrator a report that describes-- 7#a7 the activities carried out with amounts from the grant2 7#b7 how the activities carried out with such grant amounts have met the objectives described in subsection 7b72 and 7#c7 any lessons learned in carrying out such activities and any recommendations for future mapping modernization efforts by the ,federal ,emergency ,management ,agency4 7k7 ,biennial reports by ,,fema ,not later than the expiration of the #bd-month period beginning on the date of the enactment of this ,act1 and not later than the expiration of each successive #bd-month period thereafter until the completion of all activities carried out with amounts from grants under the pilot program under this section1 the ,administrator shall submit to the ,congress and make available to the public on an internet website a report that-- 7#a7 describes-- 7,a7 the progress of the activities carried out with amounts from such grants2 and 7,b7 the effectiveness of technology-based mapping tools used in carrying out the activities described in subparagraph 7,a72 and 7#b7 with respect to the final report that the ,administrator is required to submit under this subsection1 includes recommendations to the ,congress and the executive branch of the ,federal ,government for implementing strategies1 practices1 and technologies to mitigate the effects of urban flooding4 7l7 ,sense of ,congress ,it is the sense of the ,congress that1 because the pilot program is limited with respect to scope and resources1 communities that participate in the pilot program should acknowledge that the most successful efforts to mitigate the effects of urban flooding-- 7#a7 take a structural-based mitigation approach with respect to construction1 which includes-- 7,a7 recognizing any post-storm damage that may occur2 and 7,b7 pursuing designs that proactively minimize future flood damage2 7#b7 make individuals in the community aware1 through any cost-effective and available means of education1 of the best approaches regarding the construction of properties that are able to survive floods1 which reduces the cost of future repairs2 and 7#c7 encourage home and property owners to consider the measures described in paragraphs 7#a7 and 7#b71 which are the most cost-effective and prudent ways to reduce the impact of flooding1 when constructing or renovating building components4 7m7 ,definitions ,for purposes of this section1 the following definitions shall apply3 7#a7 ,administrator ,the term ,administrator means the ,administrator of the ,federal ,emergency ,management ,agency4 7#b7 ,coastal ,the term coastal means1 with respect to a unit of general local government1 that the unit borders a body of water that-- 7,a7 exceeds #b1jjj square miles in size2 and 7,b7 is not a river4 7#c7 ,pelagic ,the term pelagic means1 with respect to a unit of general local government1 that the unit is a coastal unit and the body of water that the unit borders is an ocean or other large1 open body of water 7including bays and gulfs7 that empties into an ocean4 7#d7 ,urban flooding 7,a7 ,in general ,the term urban flooding means the inundation of property in a built environment1 particularly in more densely populated areas1 caused either by falling rain collecting on impervious surfaces or increasing the levels of nearby water bodies and overwhelming the capacity of drainage systems1 such as storm sewers1 including-- 7i7 situations in which stormwater enters buildings through windows1 doors1 or other openings2 7ii7 water backup through sewer pipes1 showers1 toilets1 sinks1 and floor drains2 7iii7 seepage through walls and floors2 7iv7 the accumulation of water on property or public rights-of-way2 and 7v7 the overflow from water bodies1 such as rivers1 lakes1 and oceans4 7,b7 ,exclusion ,such term does not include flooding in undeveloped or agricultural areas4 7n7 ,funding ,there is authorized to be appropriated for grants under the pilot program under this section-- 7#a7 #a1bjj1jjj for fiscal year #bjbj2 and 7#b7 #d1cjj1jjj for fiscal year #bjba1 to remain available through #bjbc4 #bjd4 ,mapping improvements and reach 7a7 ,expanding mapping to all areas of the ,united ,states ,subparagraph 7,a7 of section #ajjbaf7;b77#a7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7b77#a77;,a77 is amended-- 7#a7 in clause 7v71 by striking and at the end2 7#b7 by redesignating clause 7vi7 as clause 7vii72 and 7#c7 by inserting after clause 7v7 the following3 7vi7 all areas of the ,united ,states2 and 4 7b7 ,use of other ,federal agencies and ,,lidar ,section #ajjbaf of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7 is amended-- 7#a7 in subsection 7b77#a7-- 7,a7 by redesignating subparagraphs 7,b7 and 7,c7 as subparagraphs 7,c7 and 7,d71 respectively2 7,b7 by inserting after subparagraph 7,a7 the following3 7,b7 as soon as practicable-- 7i7 modernize the flood mapping inventory for communities for which the ,national ,flood ,insurance ,program rate maps have not been modernized2 and 7ii7 in coordination with communities1 utilize the digital display environment established under subsection 7f77#a77;,a7 to produce1 store1 and disseminate any flood hazard data1 models1 and maps generated under clause 7i7 while ensuring that the flood mapping inventory described in that clause may be printed in order to carry out-- 7,i7 floodplain management programs under the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djja et seq472 and 7,,ii7 other purposes of the ,national ,flood ,insurance ,program2 2 7,c7 in subparagraph 7,c71 as so redesignated1 by striking and at the end2 7,d7 in subparagraph 7,d71 as so redesignated1 by striking the period at the end and inserting 1 and including the most current and most appropriate remote sensing or other geospatial mapping technology22 7,e7 by adding at the end the following3 7,e7 when appropriate1 partner with other ,federal agencies1 ,states1 communities1 and private entities in order to meet the objectives of the program2 and 7,f7 when appropriate1 consult and coordinate with the ,secretary of ,defense1 the ,director of the ,united ,states ,geological ,survey1 and the ,administrator of the ,national ,oceanic and ,atmospheric ,administration to obtain the most up-to-date maps and other information of those agencies1 including information relating to topography1 water flow1 watershed characteristics1 and any other issues that are relevant to identifying1 reviewing1 updating1 maintaining1 and publishing ,national ,flood ,insurance ,program rate maps4 2 7#b7 by inserting after subsection 7e7 the following new subsection3 7f7 ,digital display environment and building-specific flood hazard and risk information 7#a7 ,establishment 7,a7 ,in general ,not later than #e years after the date of enactment of the ,national ,flood ,insurance ,program ,reauthorization ,act of #bjai1 the ,administrator1 in consultation with the ,technical ,mapping ,advisory ,council1 shall establish1 as part of a national structure inventory1 a dynamic1 database-derived digital display environment for flood hazard and risk data1 models1 maps1 and assessments4 7,b7 ,consultation with ,states and communities ,in designing and constructing the digital display environment under subparagraph 7,a71 the ,administrator shall-- 7i7 leverage and partner with ,states and communities that have successfully implemented the same approach2 and 7ii7 consider adopting the techniques and technologies used by the ,states and communities described in clause 7i7 and applying those techniques and technologies nationwide4 7#b7 ,digital display system 7,a7 ,in general ,in carrying out paragraph 7#a71 the ,administrator1 in consultation with the ,technical ,mapping ,advisory ,council1 shall establish a national digital display system that shall-- 7i7 be prompted through dynamic querying of a spatial1 relational flood hazard and risk database2 7ii7 as permissible under law1 be made available to the public2 7iii7 to the extent feasible1 and where sufficient data is available1 provide information1 with respect to individual structures1 regarding-- 7,i7 flood hazard and risk assessment determinations2 7,,ii7 flood insurance2 and 7,,iii7 flood risk mitigation efforts2 7iv7 be constructed in a manner that facilitates coordination with digital display systems that-- 7,i7 have been developed by ,state and community partners2 and 7,,ii7 the ,administrator finds are acceptable2 7v7 include the capability to print physical copies of maps2 and 7vi7 where feasible1 allow for the maintenance and storage of elevation certificates4 7,b7 ,privacy requirements ,the ,administrator may not disseminate the database described in subparagraph 7,a77i71 including any data used to create that database1 to the public or to a private company in a manner that violates section #eeb;a of title #e1 ,united ,states ,code1 or any regulation implementing that section4 2 7#c7 by inserting after subsection 7k71 as added by the preceding provisions of this ,act1 the following3 7l7 ,annual report ,the ,administrator1 in coordination with the ,technical ,mapping ,advisory ,council established under section #ajjbae of this ,act1 shall submit to the ,committee on ,financial ,services of the ,house of ,representatives and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate an annual report regarding progress achieved in the mapping program under this section1 including the digital display and structure-specific information required under subsection 7f71 which shall include recommendations to reduce the cost and improve the implementation of that subsection4 4 7c7 ,future flood risk ,section #ajjbaf7;d7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7 is amended by adding at the end the following3 7#c7 ,future flood risk ,the ,administrator shall1 in consultation with the ,technical ,mapping ,council established under section #ajjbae1 provide financial and technical assistance to communities to incorporate future flood hazard conditions as an informational layer on their ,flood ,insurance ,rate ,maps4 4 #bje4 ,appeals regarding existing flood maps 7a7 ,in general ,section #acfj of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #daja7 is amended by adding at the end the following new subsection3 7k7 ,appeals of existing maps 7#a7 ,right to appeal ,a ,state or local government1 or the owner or lessee of real property1 who has made a formal request to the ,administrator to update a flood map that the ,administrator has denied may at any time appeal such a denial as provided in this subsection4 7#b7 ,basis for appeal ,the basis for appeal under this subsection shall be the possession of knowledge or information that-- 7,a7 the base flood elevation level or designation of any aspect of a flood map is scientifically or technically inaccurate2 or 7,b7 factors exist that mitigate the risk of flooding1 including ditches1 banks1 walls1 vegetation1 levees1 lakes1 dams1 reservoirs1 basin1 retention ponds1 and other natural or manmade topographical features4 7#c7 ,appeals process 7,a7 ,administrative adjudication ,an appeal under this subsection shall be determined by a final adjudication on the record1 and after opportunity for an administrative hearing4 7,b7 ,rights upon adverse decision ,if an appeal pursuant to subparagraph 7,a7 does not result in a decision in favor of the ,state1 local government1 owner1 or lessee1 such party may appeal the adverse decision to the ,scientific ,resolution ,panel provided for in section #acfc;,a1 which shall recommend a non-binding decision to the ,administrator4 7#d7 ,relief 7,a7 ,wholly successful appeals ,in the case of a successful appeal resulting in a policyholder's property being removed from a special flood hazard area1 such policyholder may cancel the policy at any time within the current policy year1 and the ,administrator shall provide such policyholder a refund in the amount of any premiums paid for such policy year1 plus any premiums paid for flood insurance coverage that the policyholder was required to purchase or maintain during the #b-year period preceding such policy year4 7,b7 ,partially successful appeals ,in the case of any appeal in which mitigating factors were determined to have reduced1 but not eliminated1 the risk of flooding1 the ,administrator shall reduce the amount of flood insurance coverage required to be maintained for the property concerned by the ratio of the successful portion of the appeal as compared to the entire appeal4 ,the ,administrator shall refund to the policyholder any payments made in excess of the amount necessary for such new coverage amount1 effective from the time when the mitigating factor was created or the beginning of the second policy year preceding the determination of the appeal1 whichever occurred later4 7,c7 ,additional relief ,the ,administrator may provide additional refunds in excess of the amounts specified in subparagraphs 7,a7 and 7,b7 if the ,administrator determines that such additional amounts are warranted4 7#e7 ,recovery of costs ,when1 incident to any appeal which is successful in whole or part regarding the designation of the base flood elevation or any aspect of the flood map1 including elevation or designation of a special flood hazard area1 the community1 or the owner or lessee of real property1 as the case may be1 incurs expense in connection with the appeal1 including services provided by surveyors1 engineers1 and scientific experts1 the ,administrator shall reimburse such individual or community for reasonable expenses to an extent measured by the ratio of the successful portion of the appeal as compared to the entire appeal1 but not including legal services1 in the effecting of an appeal based on a scientific or technical error on the part of the ,federal ,emergency ,management ,agency4 ,no reimbursement shall be made by the ,administrator in respect to any fee or expense payment1 the payment of which was agreed to be contingent upon the result of the appeal4 ,the ,administrator may use such amounts from the ,national ,flood ,insurance ,fund established under section #acaj as may be necessary to carry out this paragraph4 7#f7 ,guidance ,the ,administrator shall issue guidance to implement this subsection1 which shall not be subject to the notice and comment requirements under section #eec of title #e1 ,united ,states ,code4 4 7b7 ,deadline ,the ,administrator of the ,federal ,emergency ,management ,agency shall issue the guidance referred to section #acfj7k77#f7 of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #daja7k77#g771 as added by the amendment made by subsection 7a7 of this section1 not later than the expiration of the #f-month period beginning on the date of the enactment of this ,act4 #bjf4 ,appeals and publication of projected special flood hazard areas 7a7 ,appeals ,section #acfc of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #dajd7 is amended-- 7#a7 in subsection 7b71 by striking the second sentence and inserting the following3 ,any owner or lessee of real property within the community who believes the owner's or lessee's rights to be adversely affected by the ,administrator's proposed determination may appeal such determination to the local government no later than #ij days after the date of the second publication42 7#b7 in subsection 7d71 by striking subsection 7e7 and inserting subsection 7f72 7#c7 by redesignating subsections 7e71 7f71 and 7g7 as subsections 7f71 7g71 and 7h71 respectively2 and 7#d7 by inserting after subsection 7d7 the following new subsection3 7e7 ,determination by ,administrator in the absence of appeals ,if the ,administrator has not received any appeals1 upon expiration of the #ij-;day appeal period established under subsection 7b7 of this section the ,administrator's proposed determination shall become final4 ,the community shall be given a reasonable time after the ,administrator's final determination in which to adopt local land use and control measures consistent with the ,administrator's determination4 4 7b7 ,publication ,subsection 7a7 of section #acfc of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #dajd7;a77 is amended by striking in the ,federal ,register4 #bjg4 ,communication and outreach regarding map changes ,paragraph 7#a7 of section #ajjbaf7;d7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7d77#a77 is amended-- 7#a7 in subparagraph 7,b71 by inserting maximum before #cj-;day period2 and 7#b7 in subparagraph 7,c71 by inserting maximum before #cj-;day period4 #bjh4 ,adoption of partial flood maps ,subsection 7f7 of section #acfj of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #daja7;f77 is amended by adding at the end the following new flush matter3 ,panels of the revised flood insurance rate maps for which no appeal has been submitted during the #ij-;day period referred to in subsection 7b7 shall be considered final4 4 #bji4 ,new zone for levee-impacted areas ,section #acfj of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #daja71 as amended by the preceding provisions of this ,act1 is further amended by adding at the end the following3 7l7 ,levee-,impacted areas 7#a7 ,in general ,subject to full implementation of subparagraphs 7,a77iii7 and 7,b7 of section #ajjbaf7;b77#a7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;b7b77#a77 and notwithstanding any other provision of law1 if a community applies to the ,administrator for the remapping of a levee-impacted area in which the pertinent levee system fails to meet the minimum design1 operation1 and maintenance standards of the ,national ,flood ,insurance ,program required for levee accreditation on a flood insurance rate map in accordance with the ,levee ,analysis ,mapping ,procedure initiated by the ,administrator to replace the without levees approach to a ,flood ,insurance ,study1 the ,administrator shall-- 7,a7 establish flood risk zones for those levee-impacted areas on such maps1 to be known as ,,al-,e zones1 that have an established elevation for community floodplain management2 and 7,b7 make flood insurance available to properties located within those levee-impacted areas4 7#b7 ,transition ,during the period beginning on the date of enactment of this subsection and ending on the date on which the ,administrator develops rates for the various ,,al-,e zones1 a structure located in a portion of a community that is located within a levee-impacted area described in paragraph 7#a7 shall be eligible for rates associated with areas of moderate flood hazards4 4 #baj4 ,agricultural structures in special flood hazard zones 7a7 ,requirements for ,state and local land use controls ,subsection 7a7 of section #acae of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djbb7;a77 is amended by adding at the end the following new paragraph3 7#c7 ,allowable local variances for certain agricultural structures 7,a7 ,requirement ,notwithstanding any other provision of this ,act-- 7i7 the land use and control measures adopted pursuant to paragraph 7#a7 may not1 for purposes of such paragraph1 be considered to be inadequate or inconsistent with the comprehensive criteria for land management and use under section #acfa because such measures provide that1 in the case of any agricultural structure that is located in an area having special flood hazards1 a variance from compliance with the requirements to elevate or floodproof such a structure and meeting the requirements of subparagraph 7,b7 may be granted2 and 7ii7 the ,administrator may not suspend a community from participation in the national flood insurance program1 or place such a community on probation under such program1 because such land use and control measures provide for such a variance4 ,this subparagraph shall not limit the ability of the ,administrator to take enforcement action against a community that does not adopt adequate variance criteria or establish proper enforcement mechanisms4 7,b7 ,variance2 considerations ,the requirements of this subparagraph with respect to a variance are as follows3 7i7 ,the variance is granted by an official from a duly constituted ,state or local zoning authority1 or other authorized public body responsible for regulating land development or occupancy in flood-prone areas4 7ii7 ,in the case of new construction1 such official has determined-- 7,i7 that neither floodproofing nor elevation of the new structure to the base flood elevation is practicable2 and 7,,ii7 that the structure is not located in-- 7aa7 a designated regulatory floodway2 7bb7 an area riverward of a levee or other flood control structure2 or 7cc7 an area subject to high velocity wave action or seaward of flood control structures4 7iii7 ,in the case of existing structures-- 7,i7 if such structure is substantially damaged or in need of substantial repairs or improvements1 such official has determined that neither floodproofing nor elevation to the base flood elevation is practicable2 and 7,,ii7 if such structure is located within a designated regulatory floodway1 such official has determined that the repair or improvement does not result in any increase in base flood levels during the base flood discharge4 7iv7 ,such official has determined that the variance will not result in increased flood heights1 additional threats to public safety1 extraordinary public expense1 create nuisances1 cause fraud on or victimization of the public1 or conflict with existing local laws or ordinances4 7v7 ,not more than one claim payment exceeding #a1jjj has been made for the structure under flood insurance coverage under this title within any period of #aj consecutive years at any time prior to the granting of the variance4 7,c7 ,definitions ,for purposes of this paragraph1 the following definitions shall apply3 7i7 ,agricultural structure ,the term agricultural structure has the meaning given such term in paragraph 7#b77;,d74 7ii7 ,floodproofing ,the term floodproofing means1 with respect to a structure1 any combination of structural and non-structural additions1 changes1 or adjustments to the structure1 including attendant utilities and equipment1 that reduce or eliminate potential flood damage to real estate or improved real property1 water and sanitary facilities1 structures1 or their contents4 4 7b7 ,premium rates ,section #acjh of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djae7 is amended by adding at the end the following new subsection3 7n7 ,premium rates for certain agricultural structures with variances ,notwithstanding any other provision of this ,act1 the chargeable premium rate for coverage under this title for any structure provided a variance pursuant to section #acae7;a77#c7 shall be the same as the rate that otherwise would apply to such structure if the structure had been dry floodproofed or a comparable actuarial rate based upon the risk associated with structures within the applicable ,,al-,e zone established under section #acfj7l74 4 #baa4 ,technical ,mapping ,advisory ,council ,paragraph 7#a7 of section #ajjbae7;b7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #daja;a7b77#a77 is amended-- 7#a7 by redesignating subparagraphs 7,a7 through 7,e7 as subparagraphs 7,b7 through 7,f71 respectively2 7#b7 by inserting before subparagraph 7,b71 as so redesignated by subparagraph 7,a7 of this paragraph1 the following new subparagraph3 7,a7 the ,director of the ,united ,states ,geological ,survey2 2 and 7#c7 in subparagraph 7,f71 as so redesignated by paragraph 7#a7 of this section-- 7,a7 in the matter preceding clause 7i71 by striking #af and inserting #ag2 7,b7 in clause 7xiii71 by striking and at the end2 7,c7 in clause 7xiv71 by striking the period at the end and inserting 2 and2 and 7,d7 by adding at the end the following new clause3 7xv7 a member of a recognized professional real estate brokerage association4 4 ,,iii ,mitigation #cja4 ,increased cost of compliance coverage ,section #acjd7;b7 of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djaa7;b77 is amended-- 7#a7 in paragraph 7#d71 by redesignating subparagraphs 7,a7 through 7,d7 as clauses 7i7 through 7iv71 respectively2 7#b7 by redesignating paragraphs 7#a7 through 7#c7 as subparagraphs 7,a7 through 7,c71 respectively 7and by adjusting the margins accordingly72 7#c7 in subparagraph 7,c7 as so redesignated1 by striking the period at the end and inserting a semicolon2 7#d7 by redesignating paragraph 7#d7 as subparagraph 7,e7 7and by adjusting the margin accordingly72 7#e7 by inserting after subparagraph 7,c71 as so redesignated1 the following3 7,d7 properties identified by the ,administrator as priorities for mitigation activities before the occurrence of damage to or loss of property which is covered by flood insurance2 and 2 7#f7 by inserting before ,the national flood insurance program the following32 7#a7 ,in general 4 7#g7 by striking ,the ,administrator and inserting the following3 7#b7 ,premium ,the ,administrator 2 and 7#h7 by adding at the end the following new paragraphs3 7#c7 ,amount of coverage ,each policy for flood insurance coverage made available under this title shall provide coverage under this subsection having an aggregate liability for any single property of #fj1jjj4 7#d7 ,eligible mitigation activities 7,a7 ,in general ,eligible mitigation methods the cost of which is covered by coverage provided under this subsection shall include-- 7i7 alternative methods of mitigation identified in the guidelines issued pursuant to section #acfa7;d72 7ii7 pre-disaster mitigation projects for eligible structures 7as such term is defined in subparagraph 7,c772 and 7iii7 costs associated with the purchase1 clearing1 and stabilization of property that is part of an acquisition or relocation program that complies with subparagraph 7,b74 7,b7 ,acquisition and relocation project eligibility and requirements 7i7 ,in general ,an acquisition or relocation project shall be eligible to receive assistance pursuant to subparagraph 7,a77iii7 only if-- 7,i7 any property acquired1 accepted1 or from which a structure will be removed shall be dedicated and maintained in perpetuity for a use that is compatible with open space1 recreational1 or wetlands management practices2 and 7,,ii7 any new structure erected on such property will be-- 7aa7 a public facility that is open on all sides and functionally related to a designated open space2 7bb7 a restroom2 or 7cc7 a structure that the ,administrator approves in writing before the commencement of the construction of the structure4 7ii7 ,further assistance ,if an acquisition or relocation project is assisted pursuant to subparagraph 7,a77iii7-- 7,i7 no person may apply to a ,federal entity for disaster assistance with regard to any property acquired1 accepted1 or from which a structure was removed as part of such acquisition or relocation project2 and 7,,ii7 no ,federal entity may provide disaster assistance for such property4 7iii7 ,requirement to maintain flood insurance coverage 7,i7 ,in general ,notwithstanding any other provision of law1 any assisted structure 7as such term is defined in subclause 7,,iii77 shall1 at all times1 maintain insurance against flood damage1 in accordance with ,federal law1 for the life of such structure4 7,,ii7 ,transfer of property 7aa7 ,duty to notify ,if any part of a property on which an assisted structure is located is transferred1 the transferor shall1 not later than the date on which such transfer occurs1 notify the transferee in writing1 including in all documents evidencing the transfer of ownership of the property of the requirements1 that such transferee is required to-- 7,,aa7 obtain flood insurance in accordance with applicable ,federal law with respect to such assisted structure1 if such structure is not so insured on the date on which the structure is transferred2 and 7,,bb7 maintain flood insurance in accordance with applicable ,federal law with respect to such structure4 7bb7 ,failure to notify ,if a transferor fails to make a notification in accordance with item 7aa7 and such assisted structure is damaged by a flood disaster1 the transferor shall pay the ,federal ,government an amount equal to the amount of any disaster relief provided by the ,federal government with respect to such assisted structure4 7,,iii7 ,assisted structure defined ,for the purposes of this clause1 the term assisted structure means a structure on property that is part of an acquisition or relocation project assisted pursuant to subparagraph 7,a7 that was1 as part of such acquisition or relocation project-- 7aa7 altered2 7bb7 improved2 7cc7 replaced2 7dd7 repaired2 or 7ee7 restored4 7,c7 ,eligible structure defined ,for purposes of this paragraph1 the term eligible structure means any structure that-- 7i7 was constructed in compliance with the ,flood ,insurance ,rate ,map and local building and zoning codes in effect at the date of construction of the structure2 and 7ii7 has not previously been altered1 improved1 replaced1 or repaired using assistance provided under this subsection4 7#e7 ,treatment of coverage limits ,any amount of coverage for a property provided pursuant to this subsection shall not be considered or counted for purposes of any limitation on coverage applicable to such property under section #acjf7;b7 7#db ,u4,s4,c4 #djac7;b77 and any claim on such coverage shall not be considered a claim for purposes of section #acjg7;h7 or subsection 7a77#c7 or 7h77#c7 of section #acff4 7#f7 ,implementation ,notwithstanding any other provision of law1 the ,administrator may implement this subsection by adopting one or more standard endorsements to the ,standard ,flood ,insurance ,policy by publication of such standards in the ,federal ,register1 or by comparable means4 4 #cjb4 ,multiple-loss properties 7a7 ,financial assistance ,section #acfa of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #dajb7 is amended by adding at the end the following new subsection3 7e7 ,multiple-loss properties ,in making determinations regarding financial assistance under the authorities of this ,act1 the ,administrator may consider the extent to which a community is working to remedy problems with addressing multiple-loss properties4 4 7b7 ,definitions ,subsection 7a7 of section #acgj of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #daba7 is amended-- 7#a7 by redesignating paragraphs 7#h7 through 7#ae7 as paragraphs 7#aa7 through 7#ah71 respectively2 and 7#b7 by striking paragraph 7#g7 and inserting the following new paragraphs3 7#g7 ,multiple-loss property ,the term multiple-loss property means any property that is a repetitive-loss property1 a severe repetitive-loss property1 or an extreme repetitive-loss property4 7#h7 ,repetitive-loss property ,the term repetitive-loss property means a structure that has incurred flood-related damage for which #b or more separate claims payments of any amount in excess of the loss-deductible for damage to the covered structure have been made under flood insurance coverage under this title4 7#i7 ,severe repetitive-loss property ,the term severe repetitive-loss property means a structure that has incurred flood-related damage for which-- 7,a7 #d or more separate claims payments have been made under flood insurance coverage under this title1 with the amount of each such claim exceeding #e1jjj1 and with the cumulative amount of such claims payments exceeding #bj1jjj2 or 7,b7 at least #b separate claims payments have been made under flood insurance coverage under this title1 with the cumulative amount of such claims payments exceeding the value of the structure4 7#aj7 ,extreme repetitive-loss property ,the term extreme repetitive-loss property means a structure that has incurred flood-related damage for which at least #b separate claims have been made under flood insurance coverage under this title1 with the cumulative amount of such claims payments exceeding #aej percent of the maximum coverage amount available for the structure4 4 7c7 ,conforming amendments ,the ,national ,flood ,insurance ,act of #aifh is amended-- 7#a7 in section #acjd7;b77#a77;,a7 7#db ,u4,s4,c4 #djaa7;b77#a77;,a771 as amended by section #cja of this ,act1 by striking repetitive loss structures and inserting repetitive-loss properties2 7#b7 in section #acjg 7#db ,u4,s4,c4 #djad7-- 7,a7 in subsection 7a77#b77;,b71 by striking repetitive loss property and inserting repetitive-loss property2 7,b7 in subsection 7g77#b77;,b71 by striking clauses 7i7 and 7ii7 and inserting the following3 7i7 an extreme repetitive-loss property2 or 7ii7 a severe repetitive-loss property4 2 7,c7 by striking subsection 7h72 and 7,d7 by redesignating subsection 7i71 as added by the preceding provisions of this ,act1 as subsection 7h72 7#c7 in section #acae7;a77#b77;,a77i7 7#db ,u4,s4,c4 #djbb7;a77#b77;,a77i771 by striking repetitive loss structure and inserting repetitive-loss property2 and 7#d7 in section #acff 7#db ,u4,s4,c4 #dajd;c7-- 7,a7 in subsection 7a77#b71 by striking repetitive loss structures and inserting repetitive-loss properties2 7,b7 in subsection 7c77#b77;,a77ii71 by striking repetitive loss structures and inserting multiple-loss properties2 7,c7 in subsection 7d7-- 7i7 in paragraph 7#a7-- 7,i7 in the paragraph heading1 by striking repetitive loss structures and inserting repetitive-loss and extreme repetitive loss properties2 and 7,,ii7 in the matter preceding subparagraph 7,a71 by striking repetitive loss structures and inserting repetitive-loss properties or extreme repetitive-loss properties2 and 7ii7 in paragraph 7#b7-- 7,i7 in the paragraph heading1 by striking ,repetitive loss structures and inserting ,repetitive-loss properties2 and 7,,ii7 by striking repetitive loss structures and inserting repetitive-loss properties2 and 7,d7 in subsection 7h71 by striking paragraphs 7#b7 and 7#c74 #cjc4 ,premium rates for certain mitigated properties 7a7 ,mitigation strategies ,paragraph 7#a7 of section #acfa7;d7 of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #dajb7;d77#a77 is amended-- 7#a7 in subparagraph 7,a71 by striking and at the end2 7#b7 in subparagraph 7,b71 by striking and at the end2 and 7#c7 by inserting after subparagraph 7,b7 the following new subparagraphs3 7,c7 with respect to buildings in dense urban environments1 methods that can be deployed on a block or neighborhood scale2 and 7,d7 elevation of mechanical or other critical systems2 and 4 7b7 ,mitigation credit ,subsection 7k7 of section #acjh of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djae7k77 is amended-- 7#a7 by striking shall take into account and inserting the following3 shall-- 7#a7 take into account 2 7#b7 in paragraph 7#a71 as so designated by the amendment made by paragraph 7#a7 of this subsection1 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following new paragraph3 7#b7 offer a reduction of the risk premium rate charged to a policyholder1 as determined by the ,administrator1 if the policyholder implements any mitigation method described in paragraph 7#a74 4 #cjd4 ,coverage for cooperatives 7a7 ,equal treatment with condominiums ,section #acjf of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djac71 as amended by the preceding provisions of this ,act is further amended by adding at the end the following3 7f7 ,cooperative buildings ,notwithstanding any other provision of law1 the ,administrator shall make flood insurance coverage available to any individual with a membership interest and occupancy agreement in a cooperative housing project on the same terms as any owner of a condominium4 4 7b7 ,payment of claims ,section #acab of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djai7 is amended-- 7#a7 in subsection 7c7-- 7,a7 by striking flood insurance to condominium owners and inserting the following3 flood insurance-- 7#a7 to condominium owners 2 and 7,b7 by striking the period at the end and inserting 2 or2 and 7,c7 by adding at the end the following3 7#b7 to individuals with a membership interest and occupancy agreement in a cooperative housing project who purchased such flood insurance separate and apart from the flood insurance purchased by the cooperative association in which such individual is a member1 based solely1 or in any part1 on the flood insurance coverage of the cooperative association or others on the overall property owned by the cooperative association4 2 and 7#b7 by adding at the end the following3 7d7 ,definitions ,for purposes of this section and section #acjf7;e71 the terms cooperative association and cooperative housing project shall have such meaning as the ,secretary shall provide4 4 #cje4 ,voluntary community-based flood insurance pilot program 7a7 ,establishment ,the ,administrator of the ,federal ,emergency ,management ,agency 7in this section referred to as the 8,administrator07 shall carry out a community-based flood insurance pilot program to make available1 for purchase by participating communities1 a single1 community-wide flood insurance policy under the ,national ,flood ,insurance ,program that-- 7#a7 covers all residential and non-residential properties within the community2 and 7#b7 satisfies1 for all such properties within the community1 the mandatory purchase requirements under section #ajb of the ,flood ,disaster ,protection ,act of #aigc 7#db ,u4,s4,c4 #djab;a74 7b7 ,participation ,participation by a community in the pilot program under this section shall be at the sole discretion of the community4 7c7 ,requirements ,for ,community-,wide ,policies ,the ,administrator shall ensure that a community-wide flood insurance policy made available under the pilot program under this section incorporates the following requirements3 7#a7 ,a mapping requirement for properties covered by the policy4 7#b7 ,a deductible4 7#c7 ,certification or accreditation of mitigation infrastructure when available and appropriate4 7#d7 ,a community audit4 7#e7 ,a method of preventing redundant claims payments by the ,national ,flood ,insurance ,program in the case of a claim by an individual property owner who is covered by a community-wide flood insurance policy and an individual policy obtained through the ,program4 7#f7 ,coverage for damage arising from flooding that complies with the standards under the ,national ,flood ,insurance ,program appropriate to the nature and type of property covered4 7d7 ,timing ,the ,administrator shall establish the demonstration program under this section not later than the expiration of the #ahj-;day period beginning on the date of the enactment of this ,act and the program shall terminate on ,september #cj1 #bjbb4 7e7 ,definition of community ,for purposes of this section1 the term 8community0 means any unit of local government1 within the meaning given such term under the laws of the applicable ,state4 #cjf4 ,mitigation funding ,for each of the first #e fiscal years beginning after following the date of the enactment of this ,act1 there is authorized to be appropriated #bjj1jjj1jjj to carry out the flood mitigation assistance grant program under section #acff of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #dajd;c74 #cjg4 ,community ,rating ,system improvements 7a7 ,provision of community rating system premium credits to maximum number of communities practicable ,subsection 7b7 of section #acae of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djbb7;b77 is amended-- 7#a7 in paragraph 7#b71 by striking may and inserting shall2 and 7#b7 in paragraph 7#c71 by inserting 1 and the ,administrator shall provide credits to the maximum number of communities practicable after under this program4 7b7 ,grants for ,community ,rating ,system program coordinators ,section #acae of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djbb7 is amended by adding at the end the following new subsection3 7c7 ,grants for ,community ,rating ,system program coordinators 7#a7 ,authority ,the ,administrator shall carry out a program to make grants to consortia of ,states and communities for use only for costs of employing or otherwise retaining an individual or individuals to coordinate and carry out responsibilities relating to participation in the community rating system program under subsection 7b7 for ,states and communities that are members of such consortia4 7#b7 ,eligibility ,the ,administrator shall establish such criteria as the ,administrator considers appropriate for a consortium of ,states and communities to be eligible for grants under this subsection1 which shall include requiring a consortium to provide evidence to the ,administrator that the consortium has sufficient authority and administrative capability to use grant amounts in accordance with this subsection on behalf of its member jurisdictions4 7#c7 ,timing ,a consortium receiving a grant under this section shall establish the position or positions described in paragraph 7#a71 and employ or otherwise retain an individual or individuals to fill such position or positions1 not later than the date that all such grant amounts are expended4 7#d7 ,applications ,the ,administrator shall provide for consortia of ,states and communities to submit applications for grants under this subsection1 which shall include-- 7,a7 the evidence referred to in paragraph 7#b72 7,b7 such assurances as the ,administrator shall require to ensure compliance with the requirement under paragraph 7#c72 7,c7 such assurances as the ,administrator shall require to ensure that the consortia will provide funding sufficient to continue the position or positions funded with the grant amounts1 in the same annual amount as under such grant funding1 after such grant funds are expended2 and 7,d7 such other information as the ,administrator may require4 7#e7 ,selection ,from among eligible consortia of ,states and communities submitting applications pursuant to paragraph 7#c71 the ,administrator shall select consortia to receive grants under this subsection in accordance with such competitive criteria for such section as the ,administrator shall establish4 7#f7 ,definition of community ,for purposes of this section1 the term community has the meaning given such term in section #acff7;h7 7#db ,u4,s4,c4 #dajd;c7h771 except that such term includes counties and regional planning authorities that do not have zoning and building code jurisdiction4 7#g7 ,authorization of appropriations ,there is authorized to be appropriated for grants under this subsection-- 7,a7 #g1jjj1jjj for the first fiscal year commencing after the expiration of the #d-month period beginning on the date of the enactment of this ,act2 and 7,b7 #g1jjj1jjj for each of the four consecutive fiscal years thereafter4 4 #cjh4 ,community assistance program for effective floodplain management 7a7 ,in general ,chapter ,i of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djaa et seq471 as amended by the preceding provisions of this ,act1 is further amended by adding at the end the following3 #acbg4 ,community assistance program for effective floodplain management 7a7 ,in general ,the ,administrator shall establish a community assistance program under this section to increase the capacity and capability of ,states1 ,indian tribes1 and communities to effectively manage flood risk and participate in the national flood insurance program1 including the community rating system program under section #acae7;b71 by providing financial and technical assistance to ,states1 tribes and communities4 7b7 ,components ,the community assistance program under this program shall include-- 7#a7 making community assistance grants under subsection 7c7 to ,states2 7#b7 conducting periodic assessments1 not less often than once every #e years1 of the technical assistance and training needs of ,states1 ,indian tribes1 and communities2 7#c7 providing technical assistance and training to ,states1 ,indian tribes1 and communities in accordance with the needs identified by such assessments2 7#d7 conducting periodic reviews of ,state1 ,indian tribe1 and community floodplain management standards by the ,administrator to promote continuous improvement in building and maintaining effective ,state floodplain management programs 7as such term is defined in subsection 7d772 7#e7 conducting periodic estimates of the losses avoided nationally due to the adoption of qualifying floodplain management standards by ,states1 ,indian tribes and communities2 7#f7 in coordination with each ,state receiving a grant under subsection 7c71 developing and executing a strategy to-- 7,a7 provide technical and financial assistance to communities1 including small and rural communities1 and ,indian tribes within the ,state2 and 7,b7 encourage greater participation in the community rating system program2 and 7#g7 establishing goals for ,states participating in the program and incentives for exceeding such goals4 7c7 ,community assistance grants to ,states 7#a7 ,in general ,under the program under this section the ,administrator may award grants to ,states1 which shall be used only-- 7,a7 to increase the capacity and capability of the ,state and communities and ,indian tribes in the ,state to effectively manage flood risk and to fully participate in the national flood insurance program1 including the community rating system program2 and 7,b7 for activities related to implementation1 administration1 oversight1 and enforcement of the national flood insurance program at the ,state and local and tribal levels4 7#b7 ,guidelines ,the ,administrator shall establish guidelines governing the use of grant funds under this subsection1 including setting forth activities eligible to be funded with such amounts4 7#c7 ,eligibility ,to be eligible to receive a grant under this subsection1 a ,state shall-- 7,a7 demonstrate1 to the satisfaction of the ,administrator1 that the ,state has in effect qualifying ,state floodplain management standards for the ,state2 7,b7 agree to submit such reports1 certifications1 and information to the ,administrator as the ,administrator shall require1 including those required under paragraph 7#e72 and 7,c7 meet any additional eligibility requirements as the ,administrator may require4 7#d7 ,application2 selection criteria ,the ,administrator shall provide for ,states to submit applications for grants under this subsection1 which shall include such information1 assurances1 and certifications as the ,administrator may require1 and may establish criteria for selection of qualifying applications to be selected for grants under this subsection4 7#e7 ,ongoing review of floodplain management standards ,each ,state that is awarded funds under this section shall provide periodic reports1 certifications1 and information regarding the floodplain management standards of such ,state as the ,administrator may require for the duration of the use of grant amounts4 7d7 ,definitions ,for purposes of this section3 7#a7 ,indian tribe ,the term ,indian tribe has the meaning given such term in section #d of the ,native ,american ,housing ,assistance and ,self-,determination ,act of #aiif 7#be ,u4,s4,c4 #dajc74 7#b7 ,qualifying ,state floodplain management standards ,the term qualifying ,state floodplain management standards means the floodplain management standards of a ,state that-- 7,a7 are specifically authorized under ,state law and do not conflict with or inhibit the implementation of the ,national ,flood ,insurance ,act of #aifh2 7,b7 designate an entity responsible for coordinating the national flood insurance program in the ,state2 7,c7 identify ,state resources and programs to manage floodplains and reduce flood risk2 7,d7 address on a long-term basis-- 7i7 integration of floodplain management activities with other ,state functions and activities2 7ii7 identification of flood hazards2 7iii7 management of natural floodplain functions and resources2 7iv7 elimination of adverse impacts of development on the floodplain2 7v7 flood mitigation and recovery strategies for the ,state2 7vi7 strategies for informing communities and citizens about flood risk and mitigation options2 and 7vii7 measures for evaluating the effectiveness of ,state floodplain management efforts2 7,e7 include a long-term plan that will facilitate the prioritization and provision of training and technical assistance to communities and ,indian tribes in the ,state to increase local and tribal capacity and capability for floodplain management1 including the capacity and capability to participate in the national flood insurance program and the community rating system program2 7,f7 provide for oversight1 administration and enforcement of the national flood insurance program at the ,state and community levels2 and 7,g7 meet such other requirements as the ,administrator may establish4 7e7 ,funding 7#a7 ,authorization of appropriations ,there is authorized to be appropriated #bj1jjj1jjj for each of fiscal years #bjai through #bjbd for the ,national ,flood ,insurance ,fund for carrying out this section4 ,any amounts appropriated pursuant to this subsection shall remain available until expended4 7#b7 ,set-asides ,from any amounts made available for grants under this section1 the ,administrator may reserve such amount as the ,administrator considers appropriate-- 7,a7 for community assistance grants under subsection 7c7 to ,states2 and 7,b7 for additional assistance only for ,states exceeding the goals established pursuant to subsection 7b77#h74 4 7b7 ,use of ,national ,flood ,insurance ,fund amounts ,subsection 7a7 of section #acaj of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djag7;a77 is amended-- 7#a7 in paragraph 7#g71 by striking and at the end2 7#b7 in paragraph 7#h71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following3 7#i7 for carrying out the community assistance program for effective floodplain management under section #acbg4 4 ,,iv ,modernization #dja4 ,effect of private flood insurance coverage on continuous coverage requirements ,section #acjh of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djae71 as amended by the preceding provisions of this ,act1 is further amended by adding at the end the following3 7o7 ,effect of ,private ,flood ,insurance ,coverage on ,continuous ,coverage ,requirements ,for purposes of applying any statutory1 regulatory1 or administrative continuous coverage requirement1 including under section #acjg7;g77#a71 the ,administrator shall consider any period during which a property was continuously covered by a flood insurance policy1 either offered through the national flood insurance program or private market1 that was used to satisfy the requirements under section #ajb7;a7 of the ,flood ,disaster ,protection ,act of #aigc 7#db ,u4,s4,c4 #djab;a7a77 to be a period of continuous coverage4 4 #djb4 ,optional coverage for umbrella policies ,subsection 7b7 of section #acjf of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djac7;b771 is amended-- 7#a7 in paragraph 7#d71 by striking and at the end2 7#b7 in paragraph 7#e71 by striking the period at the end and inserting 2 and2 and 7#c7 by adding at the end the following new paragraph3 7#f7 the ,administrator may provide that1 in the case of any commercial property or other residential property1 including multifamily rental property and agricultural property1 one umbrella policy be made available to every insured upon renewal and every applicant with multiple structures on the same property1 except that-- 7,a7 purchase of such coverage shall be at the option of the insured2 and 7,b7 any such coverage shall be made available only at chargeable rates that are not less than the estimated premium rates for such coverage determined in accordance with section #acjg7;a77#a74 4 #djc4 ,annual independent actuarial study ,part ,c of chapter ,,ii of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djha et seq47 is amended by adding at the end the following new section3 #acdi4 ,annual independent actuarial study ,the ,administrator shall provide for an independent actuarial study of the ,national ,flood ,insurance ,program to be conducted annually1 which shall analyze the financial position of the ,program4 ,the ,administrator shall submit a report annually to the ,congress describing the results of such study and assessing the financial status of the ,program4 ,the report shall recommend adjustments to underwriting standards1 program participation1 or premiums1 if necessary1 to ensure that the ,program remains financially sound4 ,the report shall also include an evaluation of the quality control procedures and accuracy of information utilized in the process of underwriting ,national ,flood ,insurance ,program policies4 ,such evaluation shall include a review of the risk characteristics of policies4 4 #djd4 ,sharing of and access to information 7a7 ,in general ,section #acac of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djbj7 is amended-- 7#a7 by inserting after the section enumerator the following3 7a7 ,availability to public and ,state agencies4--2 and 7#b7 by adding at the end the following new subsections3 7b7 ,exchange of ,,nfip and private flood insurance policy and claims information ,the ,administrator may provide to each private insurer that sells coverage that meets1 at a minimum1 the definition of private flood insurance under section #ajb7;b7 of the ,flood ,disaster ,protection ,act of #aigc 7#db ,u4,s4,c4 #djab;a7b771 current and historical property-specific information that is available to the ,administration on flood insurance program coverage1 flood damage assessments1 and payment of claims1 but only if the following conditions are met3 7#a7 ,each private insurer receiving such data shall provide to the ,administrator current and historical property-specific information1 generated through the sale of the flood insurance that meets such definition of private flood insurance1 by the private insurer on flood insurance coverage1 flood damage assessments1 and payment of claims4 7#b7 ,such information obtained under paragraph shall be made available as required by subsections 7c7 and 7d74 7c7 ,homeowner access to ,,nfip and private policy and claims information ,upon request by the current owner of a property1 the ,administrator shall provide to the owner any current and historical information available to the ,administrator1 including information obtained under subsection 7b77#a71 on insurance coverage1 damage assessments1 and payment of claims concerning such property of the owner4 ,in addition1 the ,administrator shall provide information the ,administrator may have on whether the property owner may be required to purchase flood insurance coverage due to previous receipt of federal disaster assistance1 including assistance provided by the ,small ,business ,administration1 the ,department of ,housing and ,urban ,development1 the ,federal ,emergency ,management ,agency1 or any other type of assistance subject to the mandatory purchase requirement under section #ajb of the ,flood ,disaster ,protection ,act of #aigc4 7d7 ,homebuyer access to flood insurance information ,notwithstanding section #eeb;a7b7 of title #e1 ,united ,states ,code1 not later than #ad days after a request for such information by a buyer under contract for purchase of a property1 the ,administrator shall provide to the buyer the following information3 7#a7 ,the number and dollar value of claims filed for the property1 over the life of the property1 under a flood insurance policy made available under this title4 7#b7 ,such other available information about the property as determined by the ,administrator to accurately and adequately characterize the true flood risk to the property4 7#c7 ,a notice to the recipient of the information that the information provided may only be utilized by the recipient alone and only for the purposes of homebuying4 4 7b7 ,effective date ,subsection 7d7 of section #acac of the ,national ,flood ,insurance ,act of #aifh1 as added by the amendment made by subsection 7a77#b7 of this section1 shall take effect beginning upon the expiration of the #ab-month period that begins on the date of the enactment of this ,act4 #dje4 ,elevation certificates ,chapter ,i of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djaa et seq471 as amended by the preceding provisions of this ,act1 is further amended by adding at the end the following3 #acbh4 ,elevation certificates ,surveyed elevation data and other information relating to a building that is recorded on a ,national ,flood ,insurance ,program ,elevation ,certificate by an individual licensed to record that information shall continue to be in effect1 and the ,elevation ,certificate shall not expire1 until the date on which there is an alteration in the building4 4 #djf4 ,leveraging risk transfer opportunities for a sound financial framework 7a7 ,in general ,subsection 7e7 of section #acde of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djha7;e77 is amended-- 7#a7 by striking 7e7 ,risk transfer4--,the ,administrator and inserting the following3 7e7 ,leveraging risk transfer opportunities for a sound financial framework 7#a7 ,authority ,the ,administrator 2 and 7#b7 by adding at the end the following3 7#b7 ,leveraging risk transfer opportunities ,on an annual basis1 the ,administrator shall evaluate ceding a portion of the risk of the flood insurance program under this title to the private reinsurance or capital markets1 or any combination thereof1 if the ,administrator determines-- 7,a7 the rates and terms are reasonable and appropriate2 and 7,b7 doing so would further the development and maintenance of a sound financial framework for the ,national ,flood ,insurance ,program4 4 7b7 ,effective date ,the amendments made by subsection 7a7 shall become effective upon the expiration of the #ah-month period that begins upon the date of the enactment of this ,act4 #djg4 ,write-,your-,own arrangements ,section #acde of the ,national ,flood ,insurance ,act of #aifh 7#db ,u4,s4,c4 #djha7 is amended by adding at the end the following new subsections3 7f7 ,authority to terminate ,write ,your ,own arrangements ,the ,administrator may cancel any ,write ,your ,own 7as such term is defined in section #ajjbjb7;a7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#db ,u4,s4,c4 #djjd77 arrangement in its entirety upon #cj days written notice to the ,write ,your ,own company involved by certified mail stating one of the following reasons for such cancellation3 7#a7 ,fraud or misrepresentation by the company after the inception of the arrangement4 7#b7 ,nonpayment to the ,administrator of any amount due4 7#c7 ,material failure to comply with the requirements of the arrangement or with the written standards1 procedures1 or guidance issued by the ,administrator relating to the ,national ,flood ,insurance ,program and applicable to the company4 7g7 ,standardized fee authority ,the ,administrator may establish and implement a standardized fee schedule for all engineering services provided in connection with flood insurance coverage provided under this title by means of a ,write ,your ,own arrangement4 4 #djh4 ,study on increasing participation 7a7 ,in general ,the ,comptroller ,general of the ,united ,states shall conduct a study that proposes to address1 through programmatic and regulatory changes1 how to increase participation in flood insurance coverage4 7b7 ,issues ,in conducting the study under subsection 7a71 the ,comptroller ,general shall consider the following3 7#a7 ,expanding participation in flood insurance coverage1 beyond areas having special flood hazards1 to areas of moderate or minimal flood hazard risk4 7#b7 ,automatically enrolling consumers in flood insurance while providing consumers the opportunity to decline enrollment4 7#c7 ,bundling flood insurance coverage that diversifies risk across all or multiple-peril forms4 7c7 ,determinations ,in conducting the study under subsection 7a71 the ,comptroller ,general shall determine the following3 7#a7 ,the percentage of properties with federally backed mortgages located in an area having special flood hazards that are covered by flood insurance that satisfies the requirement under section #ajb7;b7 of the ,flood ,disaster ,protection ,act of #aigc 7#db ,u4,s4,c4 #djab;a7b774 7#b7 ,the percentage of properties with federally backed mortgages located in the #ejj-year floodplain that are covered by flood insurance that would satisfy the requirement described in paragraph 7#a7 if that requirement applied to such properties4 7d7 ,report ,not later than #ah months after the date of enactment of this ,act1 the ,comptroller ,general of the ,united ,states shall submit a report on the study conducted under subsection 7a7 to the ,committee on ,financial ,services of the ,house of ,representatives and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate4 7e7 ,definitions ,for purposes of this section-- 7#a7 the term #ejj-year floodplain has the meaning given the term in section #ajjbjb7;a7 of the ,biggert-,waters ,flood ,insurance ,reform ,act of #bjab 7#dj ,u4,s4,c4 #djjd7;a772 7#b7 the terms ,federal agency lender1 improved real estate1 and regulated lending institution have the meanings given such terms in section #c7;a7 of the ,flood ,disaster ,protection ,act of #aigc 7#db ,u4,s4,c4 #djjc7;a772 and 7#c7 the term property with a federally backed mortgage means improved real estate or a mobile home securing a loan that was-- 7,a7 made by a regulated lending institution or ,federal agency lender2 or 7,b7 purchased by the ,federal ,national ,mortgage ,association or the ,federal ,home ,loan ,mortgage ,corporation4 ,october #bh1 #bjai ,reported from the ,committee on ,financial ,services with an amendment,october #bh1 #bjai;,committee on ,transportation and ,infrastructure discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed