,,ii  #aafth ,,congress  #ast ,session  
,s4 #babb  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #af1     
#bjai,mr4 ,kennedy 7for himself and ,mr4
 ,menendez7 introduced the following    
bill2 which was read twice and referred 
to the ,committee on ,banking1 ,housing1
 and ,urban ,affairs  ,a ,,bill  ,to    
authorize the ,administrator of the     
,federal ,emergency ,management ,agency 
to terminate certain contracts on the   
basis of detrimental conduct to the     
,national ,flood ,insurance ,program1   
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,national ,flood ,insurance ,program    
,consultant ,accountability ,act of     
#bjai4  #b4 ,termination of certain     
contracts under the ,national ,flood    
,insurance ,program  7a7 ,in general    
,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        
following3  #acdi4 ,termination of      

contracts  7a7 ,definitions ,in this    
section-- 7#a7 the term covered entity  
means any attorney1 law firm1           
consultant1 or third-party company that 
provides services to a ,write ,your ,own
 company2 and  7#b7 the term ,write     
,your ,own company means a company      
participating in the cooperative        
undertaking between the insurance       
industry and the ,federal ,insurance and
 ,mitigation ,administration that allows
 participating property and casualty    
insurance companies to write and service
 standard flood insurance policies4  7b7
 ,termination  7#a7 ,in general         
,notwithstanding any other provision of 
law1 the ,administrator may terminate a 
contract or other agreement between a   
covered entity and a ,write ,your ,own  
company if the ,administrator--  7,a7   
determines that the covered entity has  
engaged in conduct that is detrimental  
to the flood insurance program          
authorized under chapter ,i2 and  7,b7  
not later than #ad days before          

terminating the contract or other       
agreement1 provides notice to the       
covered entity of the termination4  7#b7
 ,appeal ,the ,administrator shall      
establish a process for a covered entity
 to appeal a termination of a contract  
or other agreement under paragraph 7#a74
  7#c7 ,early termination payouts ,the  
,administrator or a ,write ,your ,own   
company is not required to make any     
early termination payout to a covered   
entity with respect to a contract or    
agreement with the ,write ,your ,own    
company that the ,administrator         
terminates under paragraph 7#a74  4  7b7
 ,effective date2 applicability ,the    
amendment made by subsection 7a7 shall--
 7#a7 take effect on the date of        
enactment of this ,act2 and  7#b7 apply 
to any contract or other agreement      
between a covered entity and a ,write   
,your ,own company 7as those terms are  
defined in section #acdi7;a7 of the     
,national ,flood ,insurance ,act of     
#aifh1 as added by subsection 7a77      

entered into on or after the date of    
enactment of this ,act4