,,ii #aaf? ,,congress #a/ ,session ,s4 #babb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #af1 #bjai,mr4 ,k5n$y 7= himself & ,mr4 ,m55dez7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to au?orize ! ,adm9i/rator ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy to t]m9ate c]ta9 contracts on ! basis ( detrim5tal conduct to ! ,national ,flood ,insurance ,program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,national ,flood ,insurance ,program ,consultant ,acc\ntability ,act ( #bjai4 #b4 ,t]m9ation ( c]ta9 contracts "u ! ,national ,flood ,insurance ,program 7a7 ,9 g5]al ,"p ,c ( *apt] ,,ii ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djha et seq47 is am5d$ by add+ at ! end ! foll[+3 #acdi4 ,t]m9ation ( contracts 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m cov]$ entity means any attorney1 law firm1 consultant1 or ?ird-p>ty company t provides s]vices to a ,write ,y\r ,own company2 & 7#b7 ! t]m ,write ,y\r ,own company means a company p>ticipat+ 9 ! coop]ative und]tak+ betwe5 ! insurance indu/ry & ! ,f$]al ,insurance & ,mitigation ,adm9i/ration t all[s p>ticipat+ prop]ty & casualty insurance companies to write & s]vice /&>d flood insurance policies4 7b7 ,t]m9ation 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ! ,adm9i/rator may t]m9ate a contract or o!r agreem5t betwe5 a cov]$ entity & a ,write ,y\r ,own company if ! ,adm9i/rator-- 7,a7 det]m9es t ! cov]$ entity has engag$ 9 conduct t is detrim5tal to ! flood insurance program au?oriz$ "u *apt] ,i2 & 7,b7 n lat] ?an #ad days be=e t]m9at+ ! contract or o!r agreem5t1 provides notice to ! cov]$ entity ( ! t]m9ation4 7#b7 ,appeal ,! ,adm9i/rator %all e/abli% a process = a cov]$ entity to appeal a t]m9ation ( a contract or o!r agreem5t "u p>agraph 7#a74 7#c7 ,e>ly t]m9ation pay\ts ,! ,adm9i/rator or a ,write ,y\r ,own company is n requir$ to make any e>ly t]m9ation pay\t to a cov]$ entity ) respect to a contract or agreem5t ) ! ,write ,y\r ,own company t ! ,adm9i/rator t]m9ates "u p>agraph 7#a74 4 7b7 ,effective date2 applicability ,! am5dm5t made by subsection 7a7 %all-- 7#a7 take effect on ! date ( enactm5t ( ?is ,act2 & 7#b7 apply to any contract or o!r agreem5t betwe5 a cov]$ entity & a ,write ,y\r ,own company 7z ^? t]ms are def9$ 9 section #acdi7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh1 z add$ by subsection 7a77 ent]$ into on or aft] ! date ( enactm5t ( ?is ,act4