,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #dgj  ,,in ,,the ,,house ,,of   
,,representatives  ,january #aj1        
#bjai,mr4 ,luetkemeyer introduced the   
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to repeal the mandatory     
flood insurance coverage requirement for
 commercial properties located in flood 
hazard areas1 and for other purposes4   
#a4 ,opt-out of mandatory coverage      
requirement for commercial properties   
7a7 ,amendments to ,flood ,disaster     
,protection ,act of #aigc ,the ,flood   
,disaster ,protection ,act of #aigc is  
amended-- 7#a7 in section #c7;a7 7#db   
,u4,s4,c4 #djjc7;a77--  7,a7 in         
paragraph 7#aj71 by striking and at the 
end2  7,b7 in paragraph 7#aa71 by       
striking the period at the end and      
inserting 2 and2 and  7,c7 by adding at 
the end the following new paragraph3    
7#ab7 residential improved real estate  
means improved real estate that--  7,a7 
is primarily used for residential       

purposes1 as defined by the ,federal    
entities for lending regulation2 and    
7,b7 secures financing or financial     
assistance provided through a federally 
related single family loan program1 as  
defined by the ,federal entities for    
lending regulation4  2 and  7#b7 in     
section #ajb 7#db ,u4,s4,c4 #djab;a7--  
7,a7 in subsection 7b7--  7i7 in        
paragraph 7#a77;,a7-- 7,i7 by inserting 
residential before improved real estate2
 and  7,,ii7 by inserting residential   
before building or mobile home2  7ii7 in
 paragraph 7#b7--  7,i7 by inserting    
residential before improved real estate2
 and  7,,ii7 by inserting residential   
before building or mobile home2 and     
7iii7 in paragraph 7#c7-- 7,i7 in       
subparagraph 7,a71 by inserting         
residential before improved real estate2
 and  7,,ii7 in the matter after and    
below subparagraph 7,b71 by inserting   
residential before building or mobile   
home2  7,b7 in subsection 7c77#c71 by   
striking 1 in the case of any           

residential property1 for any structure 
that is a part of such property and     
inserting for any structure that is part
 of a residential property2  7,c7 in    
subsection 7e7-- 7i7 in paragraph 7#a7--
  7,i7 by inserting residential before  
improved real estate2 and  7,,ii7 by    
inserting residential before building or
 mobile home each place such term       
appears2 and  7ii7 in paragraph 7#e7--  
7,i7 in subparagraph 7,a7--  7aa7 by    
inserting residential before improved   
real estate each place such term        
appears2 and  7bb7 by inserting         
residential before building or mobile   
home each place such term appears2      
7,,ii7 in subparagraph 7,b71 by         
inserting residential before building or
 mobile home each place such term       
appears2 and  7,,iii7 in subparagraph   
7,c71 by inserting residential before   
building or mobile home2 and  7,d7 in   
subsection 7h7-- 7i7 by inserting       
residential before improved real estate 
each place such term appears2 and  7ii7 

in the matter preceding paragraph 7#a71 
by inserting residential before building
 or mobile home4  7b7 ,amendments to    
,national ,flood ,insurance ,act of     
#aifh ,the ,national ,flood ,insurance  
,act of #aifh is amended--  7#a7 in     
section #acfd7;a7 7#db ,u4,s4,c4        
#dajd;a7a77-- 7,a7 in paragraph 7#a71 by
 inserting residential before improved  
real estate2  7,b7 in paragraph 7#b71 by
 inserting residential before improved  
real estate2 and  7,c7 in paragraph     
7#c77;,a71 by inserting residential     
before building2  7#b7 in section #acfe 
7#db ,u4,s4,c4 #dajd;b7-- 7,a7 in       
subsection 7a7--  7i7 by inserting      
residential before improved real estate2
 and  7ii7 by inserting residential     
before building2  7,b7 in subsection    
7b77#b7-- 7i7 by inserting residential  
before building each place such term    
appears2 and  7ii7 by inserting         
residential before improved real estate 
each place such term appears2  7,c7 in  
subsection 7d71 by inserting residential

 before improved real estate each place 
such term appears2 and  7,d7 in         
subsection 7e7-- 7i7 by inserting       
residential before improved real estate2
 and  7ii7 by inserting residential     
before building each place such term    
appears2 and  7#c7 in section #acgj 7#db
 ,u4,s4,c4 #daba7--  7,a7 in paragraph  
7#h71 by inserting residential before   
improved real estate2  7,b7 by          
redesignating paragraphs 7#ad7 and 7#ae7
 as paragraphs 7#ae7 and 7#af71         
respectively2 and  7,c7 by inserting    
after paragraph 7#ac7 the following new 
paragraph3  7#ad7 the term residential  
improved real estate means improved real
 estate that--  7,a7 is primarily used  
for residential purposes1 as defined by 
the ,federal entities for lending       
regulation2 and  7,b7 secures financing 
or financial assistance provided through
 a federally related single family loan 
program1 as defined by the ,federal     
entities for lending regulation2  4  7c7
 ,rule of construction ,this section and

 the amendments made by this section may
 not be construed to prohibit the       
,administrator of the ,federal          
,emergency ,management ,agency from     
offering flood insurance coverage under 
the ,national ,flood ,insurance ,program
 for eligible non-residential           
properties1 other residential           
multifamily properties1 or structures   
financed with commercial loans1 or to   
prohibit the purchase of such coverage  
for such eligible properties4