,,ii #aaf? ,,congress #a/ ,session ,s4 #bahg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #ah1 #bjai ,mr4 ,m55dez 7= himself1 ,mr4 ,cassidy1 ,mr4 ,s*um]1 ,mrs4 ,hyde-,smi?1 ,mrs4 ,gillibr&1 ,mr4 ,k5n$y1 ,mr4 ,re$1 ,mr4 ,rubio1 ,mr4 ,book]1 ,ms4 ,w>r51 & ,mr4 ,van ,holl57 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to reau?orize ! ,national ,flood ,insurance ,program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,national ,flood ,insurance ,program ,reau?orization & ,re=m ,act ( #bjai4 #b4 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title4 ,sec4 #b4 ,table ( cont5ts4 ,sec4 #c4 ,def9itions4 ,,title ,i--,reau?orization & af=dability ,sec4 #aja4 ,reau?orization4 ,sec4 #ajb4 ,cap on annual premium increases4 ,sec4 #ajc4 ,means te/$ af=dability v\*]4 ,sec4 #ajd4 ,optional mon?ly in/allm5t premium paym5t plans4 ,sec4 #aje4 ,/udy on bus9ess int]ruption cov]age4 ,sec4 #ajf4 ,coop]ative cov]age fairness4 ,sec4 #ajg4 ,cov]age limits4 ,sec4 #ajh4 ,/udy on p>ticipation rates4 ,,title ,,ii--,mitigation & mapp+ ,sec4 #bja4 ,mitigation = high-risk prop]ties4 ,sec4 #bjb4 ,increas$ co/ ( compliance cov]age4 ,sec4 #bjc4 ,flood mitigation assi/ance grants4 ,sec4 #bjd4 ,urban mitigation opportunities4 ,sec4 #bje4 ,community ,rat+ ,sy/em ,regional ,coord9ator4 ,sec4 #bjf4 ,mitigation loan program4 ,sec4 #bjg4 ,revolv+ loan funds4 ,sec4 #bjh4 ,mapp+ mod]nization4 ,sec4 #bji4 ,protect$ areas4 ,sec4 #baj4 ,community-wide flood mitigation activities4 ,,title ,,iii--,solv5cy ,sec4 #cja4 ,=be>ance on ,,nfip int]e/ paym5ts4 ,sec4 #cjb4 ,cap on ,write ,y\r ,own company comp5sation4 ,sec4 #cjc4 ,taxpay] protection4 ,sec4 #cjd4 ,v5dor co/s2 transp>5cy4 ,sec4 #cje4 ,availability ( ,,nfip claims data4 ,sec4 #cjf4 ,refusal ( mitigation assi/ance4 ,,title ,,iv--,policyhold] protection & fairness ,sec4 #dja4 ,e>? movem5t fix & eng9e] /&>ds4 ,sec4 #djb4 ,cov]age ( pre-,,firm condom9ium basem5ts & /udy on /reet rais+4 ,sec4 #djc4 ,guidance on rem$iation & policyhold] duties4 ,sec4 #djd4 ,appeal ( decisions relat+ to flood insurance cov]age4 ,sec4 #dje4 ,acc\ntability = und]paym5ts & ov]paym5ts by ,write ,y\r ,own companies4 ,sec4 #djf4 ,policyhold]s' "r to "k4 ,sec4 #djg4 ,increas+ /atute ( limitations = lawsuits4 ,sec4 #djh4 ,au?ority to t]m9ate contractors & v5dors4 ,sec4 #dji4 ,eas+ pro( ( loss requirem5ts4 ,sec4 #daj4 ,deadl9e = claim process+4 ,sec4 #daa4 ,no manipulation ( eng9e] reports4 ,sec4 #dab4 ,improv$ tra9+ ( floodpla9 manag]s1 ag5ts1 & adju/]s4 ,sec4 #dac4 ,attorney fee %ift+4 ,sec4 #dad4 ,,doj def5se aga9/ policyhold] lawsuits4 ,sec4 #dae4 ,pilot program = pre-exi/+ /ructural conditions4 ,sec4 #daf4 ,ag5t ,advisory ,c\ncil4 ,sec4 #dag4 ,disclosure ( flood risk in=mation ^u transf] ( prop]ty4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy4 7#b7 ,f$]al flood insurance ,! t]m ,f$]al flood insurance means an insurance policy made available "u ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djja et seq474 7#c7 ,national ,flood ,insurance ,program ,! t]m ,national ,flood ,insurance ,program means ! program e/abli%$ "u ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djja et seq474 7#d7 ,national ,flood ,mitigation ,fund ,! t]m ,national ,flood ,mitigation ,fund means ! fund e/abli%$ "u section #acfg ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajd;d74 7#e7 ,write ,y\r ,own ,company ,! t]m ,write ,y\r ,own ,company means a private prop]ty insurance company t p>ticipates 9 ! ,write ,y\r ,own ,program4 7#f7 ,write ,y\r ,own ,program ,! t]m ,write ,y\r ,own ,program means ! program "u :i* ! ,f$]al ,em]g5cy ,managem5t ,ag5cy ent]s into a /&>d arrangem5t ) private prop]ty insurance companies to-- 7,a7 sell contracts = ,f$]al flood insurance "u _! own bus9ess l9es ( insurance2 & 7,b7 adju/ & pay claims aris+ "u ! contracts describ$ 9 subp>agraph 7,a74 ,i ,reau?orization & af=dability #aja4 ,reau?orization 7a7 ,f9anc+ ,section #acji7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaf7;a77 is am5d$ by /rik+ ,septemb] #cj1 #bjai & ins]t+ ,septemb] #cj1 #bjbd4 7b7 ,program expiration ,section #acai ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djbf7 is am5d$ by /rik+ ,septemb] #cj1 #bjai & ins]t+ ,septemb] #cj1 #bjbd4 7c7 ,program cont9uation 7#a7 ,9 g5]al ,section #acaj ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djag7 is am5d$ by add+ at ! end ! foll[+3 7g7 ,am\nts 9 ! ,national ,flood ,insurance ,res]ve ,fund e/abli%$ "u section #acaj;,a may be cr$it$ to ! ,national ,flood ,insurance ,fund to ent] into1 & r5ew1 contracts = flood insurance "u ?is title dur+ any lapse 9 appropriations4 4 7#b7 ,te*nical & con=m+ am5dm5ts ,section #acaj;,a7a77#b7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djag;,a7a77#b77 is am5d$-- 7,a7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7,b7 9 subp>agraph 7,c71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+3 7,d7 = ! purpose describ$ 9 section #acaj7;g74 4 #ajb4 ,cap on annual premium increases 7a7 ,def9ition ,9 ?is section1 ! t]m cov]$ co/ means-- 7#a7 ! am\nt ( an annual premium ) respect to any policy = flood insurance "u ! ,national ,flood ,insurance ,program2 7#b7 any sur*>ge impos$ ) respect to a policy describ$ 9 p>agraph 7#a71 includ+ a sur*>ge impos$ "u-- 7,a7 section #acjd7;b7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa7;b772 or 7,b7 section #acjh;,a7a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae;a7a772 & 7#c7 a fee describ$ 9 p>agraph 7#a77;,b77iii7 or 7#b7 ( section #acjg7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djad7;a774 7b7 ,limitation on increases ,dur+ ! #e-ye> p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 & not)/&+ section #acjh7;e7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7;e771 ! ,adm9i/rator may n1 9 any ye>1 increase ! am\nt ( any cov]$ co/ by an am\nt t is m ?an #i p]c5t1 z comp>$ ) ! am\nt ( ! cov]$ co/ dur+ ! previ\s ye>4 7c7 ,rule ( con/ruction ,no?+ 9 subsection 7b7 may be con/ru$ z prohibit+ ! ,adm9i/rator f r$uc+1 9 any ye>1 ! am\nt ( any cov]$ co/1 z comp>$ ) ! am\nt ( ! cov]$ co/ dur+ ! previ\s ye>4 7d7 ,av]age hi/orical loss ye> ,section #acjh ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7 is am5d$ by /rik+ subsection 7h7 & ins]t+ ! foll[+3 7h7 ,rule ( con/ruction ,= purposes ( ?is section1 ! calculation ( an av]age hi/orical loss ye> %all be comput$ 9 accordance ) g5]ally accept$ actu>ial pr9ciples4 4 7e7 ,disclosure ) respect to ! af=dability /&>d ,section #acjh7;j7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7;j77 is am5d$1 9 ! second s5t5ce1 by ins]t+ & %all include 9 ! report ! numb] ( ^? exceptions z ( ! date on :i* ! ,adm9i/rator submits ! report & ! location ( ea* policyhold] insur$ "u ^? exceptions1 organiz$ by c\nty & ,/ate aft] ( ! ,s5ate4 #ajc4 ,means te/$ af=dability v\*] ,*apt] ,i ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa et seq47 is am5d$ by add+ at ! end ! foll[+3 #acbf4 ,af=dability assi/ance 7a7 ,af=dability assi/ance fund 7#a7 ,e/abli%m5t ,! ,adm9i/rator %all e/abli% 9 ! ,treasury ( ! ,unit$ ,/ates an ,af=dability ,assi/ance ,fund 7ref]r$ to 9 ?is section z ! ,fund71 :i* %all be-- 7,a7 an acc\nt sep>ate f any o!r acc\nts or funds available to ! ,adm9i/rator2 & 7,b7 available )\t fiscal ye> limitation4 7#b7 ,use ( funds ,am\nts f ! ,fund %all be available to provide f9ancial assi/ance "u subsection 7b74 7#c7 ,s\rce ( funds ,! ,fund %all be cr$it$ ) ! am\nts sav$ z a direct result ( ! limitation impos$ "u section #acaa7;b74 7b7 ,f9ancial assi/ance 7#a7 ,def9itions ,9 ?is subsection-- 7,a7 ! t]m adju/$ gross income has ! mean+ giv5 ! t]m 9 section #fb ( ! ,int]nal ,rev5ue ,code ( #aihf2 7,b7 ! t]m eligible h\sehold means a h\sehold = :i*-- 7i7 h\s+ exp5ses exce$ #cj p]c5t ( ! adju/$ gross income ( ! h\sehold 9 a ye>2 & 7ii7 7,i7 ! total assets own$ by ! h\sehold are 9 an am\nt t is n great] ?an #bbj p]c5t ( ! m$ian h\sehold income = ! ,/ate 9 :i* ! h\sehold is locat$2 or 7,,ii7 ) respect to a h\sehold t has a total h\sehold income t is n great] ?an #abj p]c5t ( ! area m$ian income = ! area 9 :i* ! h\sehold is locat$1 ! am\nt ( premiums1 sur*>ges1 & fees = a flood insurance policy provid$ "u ?is title 9 a ye> = ! h\sehold exce$s #a p]c5t ( ! cov]age limit ( t policy "u section #acjf7;b72 & 7,c7 ! t]m h\s+ exp5ses means1 ) respect to a h\sehold1 ! total am\nt t ! h\sehold sp5ds 9 a ye> on-- 7i7 mortgage paym5ts2 7ii7 prop]ty taxes2 7iii7 home[n]s insurance2 & 7iv7 premiums = flood insurance "u ! national flood insurance program4 7#b7 ,au?ority 7,a7 ,o!r f9ancial assi/ance ,! ,adm9i/rator %all provide a v\*]1 grant1 or premium cr$it to an eligible h\sehold = a ye> 9 an am\nt t1 subject to subp>agraph 7,b71 is equal to ! less] (-- 7i7 ! diff]5ce betwe5-- 7,i7 ! h\s+ exp5ses ( ! h\sehold = ! ye>2 & 7,,ii7 #cj p]c5t ( ! adju/$ gross income ( ! h\sehold = ! ye>2 & 7ii7 ! co/ ( premiums = ! h\sehold = flood insurance "u ! national flood insurance program = ! ye>4 7,b7 ,r$uction ,! am\nt ( ! assi/ance provid$ "u subp>agraph 7,a7 to an eligible h\sehold %all be r$uc$ by #a p]c5t = ea* p]c5t t ! income ( ! eligible h\sehold exce$s #abj p]c5t ( ! m$ian h\sehold income = ! ,/ate 9 :i* ! prop]ty t is ! subject ( ! assi/ance is locat$4 7#c7 ,relation%ips ) o!r ag5cies ,! ,adm9i/rator may ent] into a memor&um ( und]/&+ ) ! head ( any o!r ,f$]al ag5cy to adm9i/] ! p>agraph 7#b77;,a74 4 #ajd4 ,optional mon?ly in/allm5t premium paym5t plans ,section #acjh7;g7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7;g77 is am5d$-- 7#a7 by /rik+ ,) respect to & ins]t+ ! foll[+3 7#a7 ,annual or mon?ly option ,subject to p>agraph 7#b71 ) respect to 2 & 7#b7 by add+ at ! end ! foll[+3 7#b7 ,mon?ly in/allm5t ,) respect to a policyhold] t opts "u p>agraph 7#a7 to pay premiums on a mon?ly basis1 ! ,adm9i/rator may *>ge ! policyhold] an annual fee ( n m ?an #ae4 7#c7 ,exemption f rule mak+2 pilot program ,dur+ ! p]iod beg9n+ on ! date ( enactm5t ( ?is p>agraph & end+ on ! date on :i* ! ,adm9i/rator promulgates regulations c>ry+ out p>agraph 7#a71 ! ,adm9i/rator may1 not)/&+ any o!r provision ( law-- 7,a7 adopt policies & proc$ures to c>ry out t p>agraph )\t-- 7i7 und]go+ notice & comm5t rule mak+ "u section #eec ( title #e1 ,unit$ ,/ates ,code2 or 7ii7 conduct+ regulatory analyses o!rwise requir$ by /atute1 regulation1 or ,executive ord]2 or 7,b7 c>ry out t p>agraph by e/abli%+ a pilot program t gradually implem5ts ! requirem5ts ( t p>agraph4 4 #aje4 ,/udy on bus9ess int]ruption cov]age 7a7 ,9 g5]al ,! ,adm9i/rator %all conduct a /udy on ! feasibility & s\ndness ( (f]+ cov]age = int]ruption bus9ess losses caus$ by a flood "u ! ,national ,flood ,insurance ,program 7ref]r$ to 9 ?is section z bus9ess int]ruption cov]age74 7b7 ,cont5ts ,9 conduct+ ! /udy "u subsection 7a71 ! ,adm9i/rator %all1 at a m9imum-- 7#a7 evaluate insurance indu/ry be/ practices = (f]+ bus9ess int]ruption cov]age1 includ+ ! types ( cov]age provid$ & ! utilization rate2 7#b7 e/imate ! pot5tial risk premium rates = bus9ess int]ruption cov]age bas$ on ! flood risk reflect$ 9 ! flood insurance rate map or o!r risk metrics 9 effect at ! "t ( pur*ase2 7#c7 analyze ! op]ational & adm9i/rative exp5ses associat$ ) provid+ bus9ess int]ruption cov]age & adju/+ claims2 7#d7 id5tify pot5tial ob/acles t may prev5t ! ,adm9i/rator f (f]+ bus9ess int]ruption cov]age2 7#e7 evaluate ! b5efits ( provid+ bus9ess int]ruption cov]age2 7#f7 analyze any pot5tial impacts on ! f9ancial position ( ! ,national ,flood ,insurance ,program2 & 7#g7 develop a feasibility implem5tation plan & project$ timel9es = (f]+ bus9ess int]ruption cov]age4 7c7 ,availability ( exp]ts ,9 conduct+ ! /udy "u subsection 7a71 ! ,adm9i/rator may accept & utilize ! p]sonnel & s]vices ( any o!r ,f$]al ag5cy1 & appo9t & fix ! comp5sation ( tempor>y p]sonnel )\t reg>d to ! provisions ( title #e1 ,unit$ ,/ates ,code1 gov]n+ appo9tm5ts 9 ! competitive s]vice1 or employ exp]ts & consultants 9 accordance ) ! provisions ( section #caji ( su* title1 )\t reg>d to ! provisions ( *apt] #ea & sub*apt] ,,iii ( *apt] #ec ( su* title relat+ to classification & ,g5]al ,s*$ule pay rates4 7d7 ,deadl9e ,! ,adm9i/rator %all complete ! /udy requir$ "u subsection 7a7 n lat] ?an ,septemb] #cj ( ! second full fiscal ye> aft] ! date ( enactm5t ( ?is ,act4 #ajf4 ,coop]ative cov]age fairness 7a7 ,9 g5]al ,section #acjf ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djac7 is am5d$ by add+ at ! end ! foll[+3 7e7 ,coop]atives 7#a7 ,def9ition ,9 ?is subsection1 ! t]m coop]ative build+ has ! mean+ giv5 ! t]m 9 section #acab7;d74 7#b7 ,equal treatm5t ) condom9iums ,not)/&+ any o!r provision ( law1 an own] ( a %>e ( a coop]ative build+ %all be eligible to pur*ase flood insurance cov]age "u ! national flood insurance program on ! same t]ms z a condom9ium own]4 4 7b7 ,paym5t ( claims ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai7 is am5d$-- 7#a7 9 subsection 7c7-- 7,a7 9 ! subsection head+1 by ins]t+ & coop]ative aft] condom9ium2 7,b7 by ins]t+ or own]s ( a %>e ( a coop]ative build+ aft] condom9ium own]s2 & 7,c7 by ins]t+ or coop]ative association aft] condom9ium association ea* place t t]m appe>s2 & 7#b7 by add+ at ! end ! foll[+3 7d7 ,def9itions ,9 ?is section1 ! t]ms coop]ative association & coop]ative build+ h ! mean+s giv5 ! t]ms by ! ,adm9i/rator4 4 #ajg4 ,cov]age limits 7a7 ,9 g5]al ,section #acjf ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djac71 z am5d$ by section #ajf7;a71 is am5d$-- 7#a7 9 subsection 7b7-- 7,a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ ,9 addition to any o!r t]ms & conditions "u subsection 7a71 su* regulations & ins]t+ ,! ,adm9i/rator2 7,b7 9 p>agraph 7#b7-- 7i7 by /rik+ %all be made & ins]t+ may be made2 & 7ii7 by /rik+ #bej1jjj & ins]t+ ! basel9e am\nt2 7,c7 9 p>agraph 7#c7-- 7i7 by /rik+ %all be made & ins]t+ may be made2 & 7ii7 by /rik+ #ajj1jjj & ins]t+ #ej p]c5t ( ! basel9e am\nt2 & 7,d7 9 p>agraph 7#d7-- 7i7 by /rik+ %all be made ea* place t t]m appe>s & ins]t+ may be made2 & 7ii7 by /rik+ #ejj1jjj ea* place t t]m appe>s & ins]t+ #bjj p]c5t ( ! basel9e am\nt2 & 7#b7 by add+ at ! end ! foll[+3 7f7 ,def9ition 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 9 ?is section1 ! t]m basel9e am\nt1 ) respect to a prop]ty1 means ! maximum orig9al pr9cipal obligation ( a conv5tional mortgage t may be pur*as$ by ! ,f$]al ,national ,mortgage ,association 9 ! area 9 :i* ! prop]ty z locat$1 z e/abli%$ "u section #cjb7;b77#b7 ( ! ,f$]al ,national ,mortgage ,association ,*>t] ,act 7#ab ,u4,s4,c4 #agag7;b77#b774 7#b7 ,cl>ification ,if1 aft] ! date ( enactm5t ( ?is subsection1 ! basel9e am\nt1 z def9$ 9 p>agraph 7#a71 decreases z comp>$ ) ! basel9e am\nt 9 effect on ! day be=e ! date ( enactm5t ( ?is subsection1 ! basel9e am\nt t 0 9 effect on ! day be=e ! date ( enactm5t ( ?is subsection %all be deem$ to be ! basel9e am\nt = ! purposes ( p>agraphs 7#b71 7#c71 & 7#d7 ( subsection 7b74 4 7b7 ,au?ority ( ,adm9i/rator ,to sell policies ,! ,adm9i/rator may sell a policy = flood insurance "u ! ,national ,flood ,insurance ,program t meets ! requirem5ts ( p>agraphs 7#b71 7#c71 & 7#d7 ( section #acjf7;b7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djac7;b771 z am5d$ by subsection 7a71 )\t reg>d to-- 7#a7 section #fa4f ( title #dd1 ,code ( ,f$]al ,regulations1 z 9 effect on ! day be=e ! date ( enactm5t ( ?is ,act2 or 7#b7 any o!r provision ( law4 #ajh4 ,/udy on p>ticipation rates 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m #ejj-ye> floodpla9 has ! mean+ giv5 ! t]m 9 section #ajjbjb7;a7 ( ! ,bigg]t-,wat]s ,flood ,insurance ,re=m ,act ( #bjab 7#dj ,u4,s4,c4 #djjd7;a772 7#b7 ! t]ms ,f$]al ag5cy l5d]1 improv$ real e/ate1 & regulat$ l5d+ in/itution h ! mean+s giv5 ^? t]ms 9 section #c7;a7 ( ! ,flood ,disa/] ,protection ,act ( #aigc 7#db ,u4,s4,c4 #djjc7;a772 & 7#c7 ! t]m prop]ty ) a ,f$]ally back$ mortgage means improv$ real e/ate or a mobile home secur+ a loan t 0-- 7,a7 made by a regulat$ l5d+ in/itution or ,f$]al ag5cy l5d]2 or 7,b7 pur*as$ by ! ,f$]al ,national ,mortgage ,association or ! ,f$]al ,home ,loan ,mortgage ,corporation4 7b7 ,/udy ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all conduct a /udy t proposes to address1 ?r\gh programmatic & regulatory *anges1 h[ to increase ! rate at :i* prop]ties 9 ! ,unit$ ,/ates are cov]$ by flood insurance4 7c7 ,consid]ations ,9 conduct+ ! /udy requir$ "u subsection 7b71 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all-- 7#a7 consid]-- 7,a7 exp&+ p>ticipation 9 ! ,national ,flood ,insurance ,program beyond areas hav+ special flood haz>ds to areas ( mod]ate or m9imum risk ) respect to flood+2 7,b7 automatically enroll+ consum]s 9 ! ,national ,flood ,insurance ,program & provid+ ^? consum]s ) ! opportunity to decl9e su* enrollm5t2 & 7,c7 bundl+ flood insurance cov]age t div]sifies risk across all or multiple =ms ( p]il2 & 7#b7 det]m9e-- 7,a7 ! p]c5tage ( prop]ties ) ,f$]ally back$ mortgages locat$ 9 an area hav+ special flood haz>ds t are cov]$ by flood insurance t satisfies ! requirem5t "u section #ajb7;b7 ( ! ,flood ,disa/] ,protection ,act ( #aigc 7#db ,u4,s4,c4 #djab;a7b772 & 7,b7 ! p]c5tage ( prop]ties ) ,f$]ally back$ mortgages locat$ 9 ! #ejj-ye> floodpla9 t are cov]$ by flood insurance t w\ld satisfy ! requirem5t describ$ 9 subp>agraph 7,a7 if t requirem5t appli$ to su* prop]ties4 7d7 ,report ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a report reg>d+ ! results ( ! /udy conduct$ "u subsection 7b74 ,,ii ,mitigation & mapp+ #bja4 ,mitigation = high-risk prop]ties 7a7 ,9 g5]al ,section #bjc ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eacc7 is am5d$ by add+ at ! end ! foll[+3 7n7 ,flood mitigation activities ,! ,presid5t %all set aside f ! ,disa/] ,relief ,fund an am\nt equal to #aj p]c5t ( ! av]age am\nt appropriat$ to ! ,fund dur+ ! prec$+ #aj fiscal ye>s to provide assi/ance = mitigation activities "u section #acff ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajd;c7 =-- 7#a7 sev]e repetitive loss /ructures2 & 7#b7 prop]ties insur$ "u ! national flood insurance program ) ! l>ge/ increase 9 ! actu>ial risk = ! prop]ty comp>$ to ! actu>ial risk = ! previ\s fiscal ye> z a result ( ,risk ,rat+ #b4j1 z 9 effect on ,octob] #a1 #bjbj4 4 7b7 ,applicability ,! am5dm5t made to section #bjc ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eacc7 by subsection 7a7 %all apply to funds appropriat$ on or aft] ! date ( enactm5t ( ?is ,act4 7c7 ,te*nical & con=m+ am5dm5t ,effective on ,octob] #e1 #bjbc1 section #bjc ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eacc7 is am5d$ by r$esignat+ subsection 7n71 z add$ by subsection 7a7 ( ?is section1 z subsection 7m74 #bjb4 ,increas$ co/ ( compliance cov]age ,section #acjd7;b7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa7;b77 is am5d$-- 7#a7 9 p>agraph 7#d71 by r$esignat+ subp>agraphs 7,a7 ?r\gh 7,d7 z clauses 7i7 ?r\gh 7iv71 respectively1 & adju/+ ! m>g9s accord+ly2 7#b7 by r$esignat+ p>agraphs 7#a7 ?r\gh 7#c7 z subp>agraphs 7,a7 ?r\gh 7,c71 respectively1 & adju/+ ! m>g9s accord+ly2 7#c7 9 subp>agraph 7,c71 z s r$esignat$1 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 7#d7 by r$esignat+ p>agraph 7#d7 z subp>agraph 7,f71 & adju/+ ! m>g9s accord+ly2 7#e7 by ins]t+ aft] subp>agraph 7,c71 z s r$esignat$1 ! foll[+3 7,d7 prop]ties id5tifi$ by ! ,adm9i/rator z priorities = mitigation activities be=e ! occurr5ce ( damage to or loss ( prop]ty :i* is cov]$ by flood insurance2 7,e7 prop]ties outside an area hav+ special flood haz>ds if ! communities 9 :i* ! prop]ties are locat$ h1 "u section #acfa1 e/abli%$ l& use & control measures = ! areas 9 :i* ! prop]ties are locat$2 & 2 7#f7 by ins]t+ be=e ,! national flood insurance program ! foll[+3 7#a7 ,9 g5]al4--2 7#g7 9 ! flu% text foll[+ subp>agraph 7,f77iv71 by /rik+ ,! ,adm9i/rator & ins]t+ ! foll[+3 7#b7 ,premium ,! ,adm9i/rator 2 & 7#h7 by add+ at ! end ! foll[+3 7#c7 ,am\nt ( cov]age ,ea* policy = flood insurance cov]age made available "u ?is title %all provide cov]age "u ?is subsection hav+ an aggregate liability = any s+le prop]ty ( #fj1jjj4 7#d7 ,eligible mitigation activities 7,a7 ,9 g5]al ,eligible mitigation me?ods ! co/ ( :i* is cov]$ by cov]age provid$ "u ?is subsection %all include-- 7i7 alt]native me?ods ( mitigation id5tifi$ 9 ! guidel9es issu$ pursuant to section #acfa7;d72 7ii7 pre-disa/] mitigation projects = eligible /ructures2 & 7iii7 co/s associat$ ) ! pur*ase1 cle>+1 & /abilization ( prop]ty t is "p ( an acquisition or relocation project t complies ) subp>agraph 7,b74 7,b7 ,acquisition & relocation project eligibility & requirem5ts 7i7 ,9 g5]al ,an acquisition or relocation project %all be eligible to receive assi/ance pursuant to subp>agraph 7,a77iii7 only if-- 7,i7 any prop]ty acquir$1 accept$1 or f :i* a /ructure w be remov$ %all be d$icat$ & ma9ta9$ 9 p]petuity = a use t is compatible ) op5 space1 recreational1 or wetl& & natural floodpla9 managem5t practices2 & 7,,ii7 any new /ructure erect$ on su* prop]ty w be-- 7aa7 a public facility t is op5 on all sides & functionally relat$ to a designat$ op5 space2 7bb7 a re/room2 or 7cc7 a /ructure t ! ,adm9i/rator approves 9 writ+ be=e ! comm5cem5t ( ! con/ruction ( ! /ructure4 7ii7 ,fur!r assi/ance ,if an acquisition or relocation project is assi/$ pursuant to subp>agraph 7,a77iii7-- 7,i7 no p]son may apply to a ,f$]al entity = disa/] assi/ance ) reg>d to any prop]ty acquir$1 accept$1 or f :i* a /ructure 0 remov$ z "p ( su* acquisition or relocation project2 & 7,,ii7 no ,f$]al entity may provide disa/] assi/ance = su* prop]ty4 7iii7 ,requirem5t to ma9ta9 flood insurance cov]age 7,i7 ,9 g5]al ,not)/&+ any o!r provision ( law1 any assi/$ /ructure %all1 at all times1 ma9ta9 insurance aga9/ flood damage1 9 accordance ) ,f$]al law1 = ! life ( su* /ructure4 7,,ii7 ,transf] ( prop]ty 7aa7 ,duty to notify ,if any "p ( a prop]ty on :i* an assi/$ /ructure is locat$ is transf]r$1 ! transf]or %all1 n lat] ?an ! date on :i* su* transf] occurs1 notify ! transf]ee 9 writ+1 includ+ 9 all docum5ts evid5c+ ! transf] ( own]%ip ( ! prop]ty1 t su* transf]ee is requir$ to-- 7,,aa7 obta9 flood insurance 9 accordance ) applicable ,f$]al law ) respect to su* assi/$ /ructure1 if su* /ructure is n s insur$ on ! date on :i* ! /ructure is transf]r$2 & 7,,bb7 ma9ta9 flood insurance 9 accordance ) applicable ,f$]al law ) respect to su* /ructure4 7bb7 ,failure to notify ,if a transf]or fails to make a notification 9 accordance ) item 7aa7 & su* assi/$ /ructure is damag$ by a flood disa/]1 ! transf]or %all pay ! ,f$]al ,gov]nm5t an am\nt equal to ! am\nt ( any disa/] relief provid$ by ! ,f$]al ,gov]nm5t ) respect to su* assi/$ /ructure4 7,,iii7 ,assi/$ /ructure def9$ ,= ! purposes ( ?is clause1 ! t]m assi/$ /ructure means a /ructure on prop]ty t is "p ( an acquisition or relocation project assi/$ pursuant to subp>agraph 7,a7 t 01 z "p ( su* acquisition or relocation project-- 7aa7 alt]$2 7bb7 improv$2 7cc7 replac$2 7dd7 repair$2 or 7ee7 re/or$4 7,c7 ,eligible /ructure def9$ ,= purposes ( ?is p>agraph1 ! t]m eligible /ructure means any /ructure t-- 7i7 0 con/ruct$ 9 compliance ) ! ,flood ,insurance ,rate ,map & local build+ & zon+ codes 9 effect on ! date ( con/ruction ( ! /ructure2 & 7ii7 has n previ\sly be5 alt]$1 improv$1 replac$1 or repair$ us+ assi/ance provid$ "u ?is subsection4 7#e7 ,treatm5t ( cov]age limits ,any am\nt ( cov]age provid$ = a prop]ty pursuant to ?is subsection %all n be consid]$ or c\nt$ = purposes ( any limitation on cov]age applicable to su* prop]ty "u section #acjf7;b7 & any claim on su* cov]age %all n be consid]$ a claim = purposes ( section #acjg7;h7 or subsection 7a77#c7 or 7h77#c7 ( section #acff4 7#f7 ,implem5tation ,not)/&+ any o!r provision ( law1 ! ,adm9i/rator may implem5t ?is subsection by adopt+ #a or m /&>d endorsem5ts to ! ,/&>d ,flood ,insurance ,policy by publication ( su* /&>ds 9 ! ,f$]al ,regi/]1 or by comp>able means4 4 #bjc4 ,flood mitigation assi/ance grants 7a7 ,flood ,mitigation ,assi/ance ,grant ,program priority ,section #acff ( ! ,national ,flood ,insurance ,act 7#db ,u4,s4,c4 #dajd;c7 is am5d$-- 7#a7 9 subsection 7a7-- 7,a7 by r$esignat+ p>agraphs 7#a71 7#b71 & 7#c7 z subp>agraphs 7,a71 7,b71 & 7,c71 respectively1 & adju/+ ! m>g9s accord+ly2 7,b7 9 ! second s5t5ce ( ! matt] prec$+ subp>agraph 7,a71 z s r$esignat$1 by /rik+ assi/ance %all be & ins]t+ ! foll[+3 assi/ance %all-- 7#a7 be 2 7,c7 9 p>agraph 7#a77;,c71 z s r$esignat$1 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,d7 by add+ at ! end ! foll[+3 7#b7 9 addition to ! requirem5t "u p>agraph 7#a77;,c71 give priority to prop]ties-- 7,a7 t are repetitive loss /ructures2 7,b7 ) respect to :i* ! ,adm9i/rator makes a det]m9ation t ! premium rates ) respect to a policy = flood insurance cov]age "u ?is title-- 7i7 are unaf=dable2 or 7ii7 w soon become unaf=dable z a result ( a risk adju/m5t "u ,risk ,rat+ #b4j1 z 9 effect on ! date ( t det]m9ation2 & 7,c7 = :i* aggregate losses exce$ ! replacem5t value ( ! prop]ties4 2 & 7#b7 9 subsection 7h71 by add+ at ! end ! foll[+3 7#d7 ,unaf=dable ,! t]m unaf=dable means1 ) respect to ! premium rates = a policy = flood insurance cov]age "u ?is title1 t1 9 a ye>1 ^? rates are 9 an su* an am\nt t ! h\s+ exp5ses 7z def9$ 9 section #acbf7;b77#a77 ( ! h\sehold t is ! subject ( ! policy are1 = t ye>1 m ?an #cj p]c5t ( ! adju/$ gross income 7z def9$ 9 section #acbf7;b77#a77 ( ! h\sehold = t ye>4 4 7b7 ,additional mitigation assi/ance 7#a7 ,appropriations f g5]al fund ( ,treasury ,= ea* ( ! fir/ #e full fiscal ye>s aft] ! date ( enactm5t ( ?is ,act1 !re is au?oriz$ to be appropriat$ #a1jjj1jjj1jjj to ! ,national ,flood ,mitigation ,fund to provide mitigation assi/ance "u ?is subsection4 7#b7 ,rule ( con/ruction ,! au?orization ( appropriations "u subp>agraph 7,a7 %all n be con/ru$ to au?orize ! transf] or cr$it+ to ! ,national ,flood ,mitigation ,fund ( any am\nts f ! ,national ,flood ,insurance ,fund4 #bjd4 ,urban mitigation opportunities 7a7 ,mitigation /rategies ,section #acfa7;d77#a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajb7;d77#a77 is am5d$-- 7#a7 9 subp>agraph 7,a71 by /rik+ & at ! end2 7#b7 9 subp>agraph 7,b71 by /rik+ & at ! end2 & 7#c7 by ins]t+ aft] subp>agraph 7,b7 ! foll[+3 7,c7 ) respect to build+s 9 d5se urban environm5ts1 me?ods t c be deploy$ on a block or neighborhood scale2 & 7,d7 elevation ( me*anical sy/ems2 & 4 7b7 ,mitigation cr$it ,section #acjh7k7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7k77 is am5d$-- 7#a7 by /rik+ %all take into acc\nt & ins]t+ %all-- 7#a7 take into acc\nt 2 7#b7 9 p>agraph 7#a71 z s designat$1 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+3 7#b7 (f] a r$uction ( ! risk premium rate *>g$ to a policyhold] 9 an am\nt t is n less ?an #aj p]c5t ( t rate if ! policyhold] implem5ts any mitigation me?od describ$ 9 p>agraph 7#a74 4 #bje4 ,community ,rat+ ,sy/em ,regional ,coord9ator ,section #acae7;b7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djbb7;b77 is am5d$ by add+ at ! end ! foll[+3 7#e7 ,regional coord9ator 7,a7 ,9 g5]al ,! ,adm9i/rator %all appo9t a regional coord9ator 9 ea* region s]v$ by a ,regional ,(fice 7z def9$ 9 section #eja ( ! ,homel& ,security ,act ( #bjjb 7#f ,u4,s4,c4 #caa77 to provide te*nical assi/ance to small communities to enable ^? communities to effectively p>ticipate 9 & b5efit f ! community rat+ sy/em program4 7,b7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ su* sums z may be necess>y to c>ry out ?is p>agraph1 :i* %all rema9 available until exp5d$4 4 #bjf4 ,mitigation loan program 7a7 ,def9ition ,9 ?is section1 ! t]m mitigation measure means1 ) respect to a /ructure1 a measure und]tak5 to r$uce ! risk ( flood damage to ! /ructure4 7b7 ,e/abli%m5t ,! ,adm9i/rator may e/abli% a pilot program ?r\gh :i* ! ,adm9i/rator may provide l[-int]e/ loans to policyhold]s "u ! ,national ,flood ,insurance ,program = ! purposes describ$ 9 subsection 7c74 7c7 ,purposes ( loans ,a loan provid$ to a policyhold] "u ! pilot program e/abli%$ "u subsection 7b7 %all be us$ to und]take mitigation measures ) respect to ! insur$ prop]ty t co/ less ?an ! co/ ( ! e/imat$ am\nt ( premiums t w\ld be paid ) respect to ! prop]ty dur+ ! #ej-ye> p]iod beg9n+ 9 ! ye> 9 :i* ! loan is made & if ^? mitigation measures 7 n und]tak54 7d7 ,sale ( prop]ty ,if a prop]ty ) respect to :i* a loan has be5 made "u ?is section is sold1 ^u t sale1 ! out/&+ loan balance %all-- 7#a7 be repaid us+ ! proce$s ( ! sale2 or 7#b7 c>ry ov] to ! pur*as] ( ! prop]ty if ! pur*as] s cons5ts be=e ! execution ( ! sale4 #bjg4 ,revolv+ loan funds 7a7 ,9 g5]al ,*apt] ,i ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa et seq471 z am5d$ by section #ajc1 is am5d$ by add+ at ! end ! foll[+3 #acbg4 ,/ate revolv+ loan funds = flood mitigation 7a7 ,def9itions ,9 ?is section3 7#a7 ,community rat+ sy/em ,! t]m ,community ,rat+ ,sy/em means ! community rat+ sy/em program c>ri$ out "u section #acae7;b74 7#b7 ,eligible /ate ,! t]m eligible ,/ate means a ,/ate1 ! ,di/rict ( ,columbia1 & ! ,commonweal? ( ,pu]to ,rico4 7#c7 ,insul> area ,! t]m insul> area means-- 7,a7 ,guam2 7,b7 ,am]ican ,samoa2 7,c7 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s2 7,d7 ! ,f$]at$ ,/ates ( ,micronesia2 7,e7 ! ,republic ( ! ,m>%all ,isl&s2 7,f7 ! ,republic ( ,palau2 & 7,g7 ! ,unit$ ,/ates ,virg9 ,isl&s4 7#d7 ,int5d$ use plan ,! t]m int5d$ use plan means a plan prep>$ "u subsection 7d77#a74 7#e7 ,l[-income geographic area ,! t]m l[-income geographic area means an area describ$ 9 p>agraph 7#a7 or 7#b7 ( section #cja7;a7 ( ! ,public ,works & ,economic ,developm5t ,act ( #aife 7#db ,u4,s4,c4 #cafa7;a774 7#f7 ,l[-income home[n] ,! t]m l[-income home[n] means ! own] ( a prim>y resid5ce1 ! h\sehold income ( :i* 9 a taxable ye> is n m ?an #hj p]c5t ( ! m$ian income = ! area 9 :i* ! resid5ce is locat$4 7#g7 ,p>ticipat+ ,/ate ,! t]m p>ticipat+ ,/ate means an eligible ,/ate t-- 7,a7 has ent]$ into an agreem5t "u subsection 7b77#a72 & 7,b7 agrees to comply ) ! requirem5ts ( ?is section4 7#h7 ,pre-,,firm build+ ,! t]m pre-,,firm build+ means a build+ = :i* con/ruction or sub/antial improvem5t occurr$ be=e ! effective date ( ! initial ,flood ,insurance ,rate ,map publi%$ by ! ,adm9i/rator "u section #acfj = ! area 9 :i* ! build+ is locat$4 7#i7 ,repetitive loss /ructure ,! t]m repetitive loss /ructure has ! mean+ giv5 ! t]m 9 section #acgj7;a74 7#aj7 ,sev]e repetitive loss prop]ty ,! t]m sev]e repetitive loss prop]ty has ! mean+ giv5 ! t]m 9 section #acjg7;h74 7#aa7 ,/ate loan fund ,! t]m ,/ate loan fund means a flood mitigation assi/ance revolv+ loan fund e/abli%$ by an eligible ,/ate "u ?is section4 7#ab7 ,tribal gov]nm5t ,! t]m tribal gov]nm5t means ! recogniz$ gov]nm5t ( an ,indian tribe1 or ! gov]n+ body ( an ,alaska ,native regional or village corporation1 t has be5 det]m9$ eligible to receive s]vices f ! ,bureau ( ,indian ,affairs4 7b7 ,g5]al au?ority 7#a7 ,9 g5]al ,! ,adm9i/rator may ent] into an agreem5t ) an eligible ,/ate to provide a capitalization grant = ! eligible ,/ate to e/abli% a revolv+ fund t w provide fund+ assi/ance to help home[n]s1 bus9esses1 nonpr(it organizations1 & communities r$uce flood risk 9 ord] to decrease-- 7,a7 ! loss ( life & prop]ty2 7,b7 ! co/ ( flood insurance2 & 7,c7 ,f$]al disa/] paym5ts4 7#b7 ,tim+ ( deposit & agreem5ts = di/ribution ( funds 7,a7 ,9 g5]al ,n lat] ?an ! la/ day ( ! fiscal ye> foll[+ ! fiscal ye> 9 :i* a capitalization grant is made to a p>ticipat+ ,/ate "u p>agraph 7#a71 ! p>ticipat+ ,/ate %all-- 7i7 deposit ! grant 9 ! ,/ate loan fund ( ! ,/ate2 & 7ii7 ent] into #a or m b9d+ agreem5ts t provide = ! ,/ate to di/ribute ! grant funds = purposes au?oriz$ "u subsection 7c7 su* t-- 7,i7 9 ! case ( ! initial grant made to a ,/ate "u ?is section1 n less ?an #ge p]c5t ( ! am\nt ( ! grant %all be di/ribut$ be=e ! end ( ! #b-ye> p]iod beg9n+ on ! date on :i* ! funds are deposit$ 9 ! ,/ate loan fund ( ! ,/ate2 & 7,,ii7 9 ! case ( any subsequ5t grant made to a ,/ate "u ?is section1 n less ?an #ij p]c5t ( ! am\nt ( ! grant %all be di/ribut$ be=e ! end ( ! #a-ye> p]iod beg9n+ on ! date on :i* ! funds are deposit$ 9 ! ,/ate loan fund ( ! ,/ate4 7,b7 ,noncompliance ,except z provid$ 9 subp>agraph 7,c71 if a p>ticipat+ ,/ate does n comply ) subp>agraph 7,a7 ) respect to a grant1 ! ,adm9i/rator %all reallocate ! grant 9 accordance ) p>agraph 7#c77;,b74 7,c7 ,exception ,! ,adm9i/rator may n reallocate any funds "u subp>agraph 7,b7 to a p>ticipat+ ,/ate t violat$ subp>agraph 7,a7 ) respect to a grant made dur+ ! same fiscal ye> 9 :i* ! funds to be reallocat$ 7 orig9ally made available4 7#c7 ,allocation 7,a7 ,9 g5]al ,! ,adm9i/rator %all allocate am\nts made available to c>ry out ?is section to p>ticipat+ ,/ates-- 7i7 = ! p>ticipat+ ,/ates to deposit 9 ! ,/ate loan funds e/abli%$ by ! p>ticipat+ ,/ates2 & 7ii7 except z provid$ 9 p>agraph 7#f71 9 accordance ) ! requirem5ts describ$ 9 subp>agraph 7,b74 7,b7 ,requirem5ts ,! requirem5ts describ$ 9 ?is subp>agraph are z foll[s3 7i7 ,fifty p]c5t ( ! total am\nt made available "u subp>agraph 7,a7 %all be allocat$ s t ea* p>ticipat+ ,/ate receives ! p]c5tage am\nt t is obta9$ by divid+ ! numb] ( prop]ties t 7 insur$ "u ! national flood insurance program 9 t ,/ate 9 ! fiscal ye> prec$+ ! fiscal ye> 9 :i* ! am\nt is allocat$ by ! total numb] ( prop]ties t 7 insur$ "u ! national flood insurance program 9 ! fiscal ye> prec$+ ! fiscal ye> 9 :i* ! am\nt is allocat$4 7ii7 ,fifty p]c5t ( ! total am\nt made available "u subp>agraph 7,a7 %all be allocat$ s t ea* p>ticipat+ ,/ate receives a p]c5tage ( funds t is equal to ! product obta9$ "u clause 7iii77,,iv7 ) respect to t p>ticipat+ ,/ate aft] foll[+ ! proc$ures describ$ 9 clause 7iii74 7iii7 ,! proc$ures describ$ 9 ?is clause are z foll[s3 7,i7 ,divide ! total am\nt collect$ 9 premiums = prop]ties insur$ "u ! national flood insurance program 9 ea* p>ticipat+ ,/ate dur+ ! previ\s fiscal ye> by ! numb] ( prop]ties insur$ "u ! national flood insurance program 9 t ,/ate = t fiscal ye>4 7,,ii7 ,add toge!r ea* quoti5t obta9$ "u subclause 7,i74 7,,iii7 ,= ea* p>ticipat+ ,/ate1 divide ! quoti5t obta9$ "u subclause 7,i7 ) respect to t ,/ate by ! sum obta9$ "u subclause 7,,ii74 7,,iv7 ,= ea* p>ticipat+ ,/ate1 multiply ! am\nt t is #ej p]c5t ( ! total am\nt made available "u subp>agraph 7,a7 by ! quoti5t obta9$ "u subclause 7,,iii74 7iv7 ,except z provid$ 9 p>agraph 7#e71 9 a fiscal ye>-- 7,i7 a p>ticipat+ ,/ate may n receive m ?an #ae p]c5t ( ! total am\nt t is made available "u subp>agraph 7,a7 9 t fiscal ye>2 & 7,,ii7 if a p>ticipat+ ,/ate1 bas$ on ! requirem5ts "u clauses 7i7 ?r\gh 7iii71 w\ld1 b = ! limitation "u subclause 7,i7 ( ?is clause1 receive an am\nt t is great] ?an ! am\nt t ! ,/ate is au?oriz$ to receive "u t subclause1 ! diff]5ce betwe5 ! au?oriz$ am\nt & ! am\nt o!rwise due to ! ,/ate "u clauses 7i7 ?r\gh 7iii7 %all be allocat$ to o!r p>ticipat+ ,/ates-- 7aa7 t1 9 t fiscal ye>1 h n receiv$ an am\nt "u subp>agraph 7,a7 t is m ?an ! au?oriz$ am\nt "u subclause 7,i7 ( ?is clause2 & 7bb7 by us+ ! requirem5ts "u clauses 7i7 ?r\gh 7iii71 except t a p>ticipat+ ,/ate may receive an allocation "u ?is subclause only if ! allocation does n result 9 ! ,/ate receiv+ a total am\nt = ! fiscal ye> "u subp>agraph 7,a7 t is great] ?an ! au?oriz$ am\nt "u subclause 7,i74 7#d7 ,no revolv+ fund requir$ 7,a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is section1 & subject to subp>agraph 7,b71 a p>ticipat+ ,/ate t receives less ?an #d1jjj1jjj "u p>agraph 7#c77;,b7 9 a fiscal ye> may di/ribute ! funds directly 9 ! =m ( grants or te*nical assi/ance = a purpose describ$ 9 subsection 7c77#b71 )\t reg>d to :e!r ! ,/ate has e/abli%$ a ,/ate loan fund4 7,b7 ,/ate mat*+ ,a p>ticipat+ ,/ate t ex]cises ! au?ority "u subp>agraph 7,a7 9 a fiscal ye> %all provide mat*+ funds f non-,f$]al s\rces 9 an am\nt t is equal to #be p]c5t ( ! am\nt t ! ,/ate receives "u p>agraph 7#c77;,b7 9 t fiscal ye> = purposes describ$ 9 subp>agraph 7,a74 7#e7 ,allocation ( rema9+ funds ,aft] allocat+ am\nts made available to c>ry out ?is section = a fiscal ye> 9 accordance ) p>agraph 7#c71 ! ,adm9i/rator %all allocate any rema9+ am\nts made available = t fiscal ye> to p>ticipat+ ,/ates1 us+ ! proc$ures describ$ 9 clauses 7i7 ?r\gh 7iii7 ( p>agraph 7#c77;,b74 7#f7 ,res]vation ( funds ,! ,adm9i/rator %all res]ve n m ?an #a4e p]c5t ( ! am\nt made available to c>ry out ?is section 9 a fiscal ye>-- 7,a7 = adm9i/rative co/s incurr$ 9 c>ry+ out ?is section2 7,b7 to provide te*nical assi/ance to recipi5ts ( grants "u ?is section2 & 7,c7 to ent] into grant agreem5ts ) tribal gov]nm5ts & insul> areas1 ) ! grant funds to be di/ribut$-- 7i7 accord+ to crit]ia e/abli%$ by ! ,adm9i/rator2 & 7ii7 = a purpose describ$ 9 subsection 7c77#b74 7c7 ,use ( funds 7#a7 ,9 g5]al ,am\nts deposit$ 9 a ,/ate loan fund1 includ+ repaym5ts ( loans made f ! fund & int]e/ e>n$ on ! am\nts 9 ! fund1 %all be us$-- 7,a7 consi/5t ) p>agraph 7#b7 & subsection 7g71 to provide f9ancial assi/ance =-- 7i7 home[n]s1 bus9esses1 & nonpr(it organizations t are eligible to p>ticipate 9 ! national flood insurance program2 & 7ii7 any local gov]nm5t t p>ticipates 9 ! national flood insurance program2 7,b7 z a s\rce ( rev5ue & security = lev]ag$ loans1 ! proce$s ( :i* %all be deposit$ 9 ! ,/ate loan fund2 or 7,c7 = ! sale ( bonds z security = paym5t ( ! pr9cipal & int]e/ on rev5ue or g5]al obligation bonds issu$ by ! p>ticipat+ ,/ate to provide mat*+ funds "u subsection 7f71 if ! proce$s f ! sale ( ! bonds are deposit$ 9 ! ,/ate loan fund4 7#b7 ,purposes ,a recipi5t ( f9ancial assi/ance provid$ ?r\gh am\nts f a ,/ate loan fund-- 7,a7 %all use ! am\nts to r$uce-- 7i7 flood risk2 or 7ii7 pot5tial claims = losses cov]$ "u ! national flood insurance program2 7,b7 %all use ! am\nts 9 a co/-effective mann] "u requirem5ts e/abli%$ by ! ,/ate1 :i* may require an applicant = f9ancial assi/ance to submit any in=mation t ! ,/ate consid]s relevant or necess>y be=e ! date on :i* ! applicant receives ! assi/ance2 7,c7 %all use ! am\nts = projects t-- 7i7 meet design & con/ruction /&>ds e/abli%$ by ! ,adm9i/rator2 7ii7 are locat$ 9 communities t-- 7,i7 p>ticipate 9 ! national flood insurance program2 & 7,,ii7 h develop$ a ,/ate or community flood risk mitigation plan t has be5 approv$ by ! ,adm9i/rator "u section #acff2 7iii7 address-- 7,i7 a repetitive loss /ructure or a sev]e repetitive loss prop]ty2 or 7,,ii7 flood risk 9 ! #ejj-ye> floodpla91 areas ( residual flood risk1 or o!r areas ( pot5tial flood risk1 z id5tifi$ by ! ,adm9i/rator2 & 7iv7 address curr5t risk & anticipate future risk1 su* z sea-level rise2 7,d7 may use ! am\nts-- 7i7 = projects relat+ to-- 7,i7 /ructural elevation2 7,,ii7 floodpro(+2 7,,iii7 ! relocation or removal ( build+s f ! #ajj-ye> floodpla9 or o!r areas ( flood risk1 includ+ ! acquisition ( prop]ties = su* a purpose2 7,,iv7 environm5tal re/oration activities t directly r$uce flood risk2 7,v7 any eligible activity describ$ 9 subp>agraphs 7,a7 ?r\gh 7,g7 ( section #acff7;c77#c72 or 7,,vi7 o!r activities det]m9$ appropriate by ! ,adm9i/rator2 7ii7 ) respect to a project describ$ 9 clause 7i71 only = exp5ditures directly relat$ to a project describ$ 9 t clause1 includ+ exp5ditures = plann+1 design1 & associat$ pre-con/ruction activities2 & 7iii7 to acquire1 = ! purposes ( p]man5t protection1 l&1 build+s1 or a cons]vation easem5t f a will+ sell] or grantor2 7,e7 may n use ! am\nts-- 7i7 to con/ruct build+s or exp& exi/+ build+s1 unless ! activity is = ! purpose ( flood mitigation2 7ii7 to improve any /ructure1 unless ! recipi5t has obta9$ flood insurance cov]age1 :i* %all be ma9ta9$ = ! useful life ( ! /ructure1 9 an am\nt t is n less ?an ! less] (-- 7,i7 ! eligible project co/s ) respect to ! /ructure2 & 7,,ii7 ! maximum insurable limit = ! /ructure "u ! national flood insurance program cov]age = ! /ructure2 7iii7 to improve a resid5tial prop]ty ) an apprais$ value t is n less ?an #abe p]c5t ( ! limitation on ! maximum orig9al pr9cipal obligation ( a conv5tional mortgage t may be pur*as$ by ! ,f$]al ,national ,mortgage ,association or ! ,f$]al ,home ,loan ,mortgage ,corporation 9 ! area 9 :i* ! prop]ty is locat$1 z e/abli%$ "u section #cjb7;b77#b7 ( ! ,f$]al ,national ,mortgage ,association ,*>t] ,act 7#ab ,u4,s4,c4 #agag7;b77#b77 & section #cje7;a77#b7 ( ! ,f$]al ,home ,loan ,mortgage ,corporation ,act 7#ab ,u4,s4,c4 #aded7;a77#b772 7iv7 = ! direct b5efit ( a home[n] if ! annual h\sehold adju/$ gross income ( ! home[n] dur+ ! previ\s fiscal ye> 0 n less ?an #bjj1jjj1 z annually adju/$ by ! ,adm9i/rator to reflect *anges 9 ! ,consum] ,price ,index = ,all ,urban ,consum]s1 z publi%$ by ! ,bureau ( ,labor ,/ati/ics ( ! ,dep>tm5t ( ,labor & r\nd$ to ! ne>e/ #be2 or 7v7 to acquire real prop]ty or an int]e/ 9 real prop]ty unless ! prop]ty is pur*as$ f a will+ sell]2 & 7,f7 to ! maximum ext5t practicable1 %all1 9 us+ ^? am\nts1 give priority to projects t assi/ l[-income home[n]s & l[-income geographical areas4 7d7 ,int5d$ use plans 7#a7 ,9 g5]al ,aft] provid+ ! opportunity = public review & comm5t1 ea* p>ticipat+ ,/ate %all annually prep>e a plan t id5tifies1 = ! ye> foll[+ ! date ( issuance ( ! int5d$ use plan1 ! int5d$ uses ( ! am\nts available 9 ! ,/ate loan fund ( ! p>ticipat+ ,/ate4 7#b7 ,consultation dur+ prep>ation ,ea* p>ticipat+ ,/ate1 9 prep>+ an int5d$ use plan1 %all ensure t ! ,/ate ag5cy ) prim>y responsibility = floodpla9 managem5t-- 7,a7 provides ov]sight ) respect to ! prep>ation ( ! int5d$ use plan2 & 7,b7 consults ) any o!r appropriate ,/ate ag5cy1 includ+ ag5cies responsible = coa/al & environm5tal managem5t4 7#c7 ,cont5ts ,a p>ticipat+ ,/ate %all1 9 ea* int5d$ use plan-- 7,a7 include-- 7i7 an explanation ( ! mitigation & resili5cy b5efits ! ,/ate int5ds to a*ieve1 includ+ by-- 7,i7 r$uc+ future damage & loss associat$ ) flood+2 7,,ii7 r$uc+ ! numb] ( sev]e repetitive loss prop]ties & repetitive loss /ructures 9 ! ,/ate2 7,,iii7 decreas+ ! numb] ( flood insurance claims 9 ! ,/ate2 & 7,,iv7 increas+ ! rat+ "u ! ,community ,rat+ ,sy/em = communities 9 ! ,/ate2 7ii7 in=mation ) respect to ! availability (1 & ! application process = receiv+1 f9ancial assi/ance f ! ,/ate loan fund ( ! ,/ate2 7iii7 ! crit]ia & me?ods e/abli%$ = ! di/ribution ( am\nts f ! ,/ate loan fund ( ! ,/ate2 7iv7 ! am\nt ( f9ancial assi/ance t ! ,/ate anticipates provid+ to-- 7,i7 local gov]nm5t projects2 & 7,,ii7 projects = home[n]s1 bus9ess1 or nonpr(it organizations2 7v7 ! expect$ t]ms ( ! assi/ance provid$ "u clause 7iv72 & 7vi7 a description ( ! f9ancial /atus ( ! ,/ate loan fund & ! %ort-t]m & long-t]m goals ( ! ,/ate loan fund2 & 7,b7 provide1 to ! maximum ext5t practicable1 t priority = ! use ( am\nts f ! ,/ate loan fund %all be giv5 to projects t-- 7i7 address sev]e repetitive loss prop]ties & repetitive loss /ructures2 7ii7 assi/ l[-income home[n]s & l[-income geographic areas2 & 7iii7 address flood risk = pre-,,firm build+s4 7#d7 ,publication ,ea* p>ticipat+ ,/ate %all publi% & p]iodically update a li/ ( all projects receiv+ fund+ f ! ,/ate loan fund ( ! ,/ate1 :i* %all include id5tification (-- 7,a7 ! community 9 :i* ! project is locat$2 7,b7 ! type & am\nt ( assi/ance provid$ = ea* project2 & 7,c7 ! expect$ fund+ s*$ule & date ( completion ( ea* project4 7e7 ,fund managem5t ,am\nts 9 a ,/ate loan fund %all-- 7#a7 rema9 available = provid+ f9ancial assi/ance "u ?is section until di/ribut$2 7#b7 if ! am\nts are n requir$ = imm$iate di/ribution or exp5diture1 be inve/$ 9 int]e/-be>+ obligations2 & 7#c7 except z provid$ 9 subsection 7i71 include only-- 7,a7 am\nts receiv$ f capitalization grants made "u ?is section2 7,b7 repaym5ts ( loans made f ! fund2 & 7,c7 int]e/ e>n$ on am\nts 9 ! fund4 7f7 ,mat*+ funds 7#a7 ,full grant ,on or be=e ! date on :i* a p>ticipat+ ,/ate receives a capitalization grant1 ! ,/ate %all deposit into ! ,/ate loan fund ( ! ,/ate1 9 addition to ! am\nt ( ! capitalization grant1 an am\nt f non-,f$]al s\rces t is n less ?an #bj p]c5t ( ! total am\nt ( ! capitalization grant4 7#b7 ,r$uc$ grant ,if1 ) respect to a capitalization grant1 a p>ticipat+ ,/ate deposits 9 ! ,/ate loan fund ( ! ,/ate an am\nt f non-,f$]al s\rces t is less ?an #bj p]c5t ( ! total am\nt ( ! capitalization grant t ! p>ticipat+ ,/ate w\ld o!rwise receive1 ! ,adm9i/rator %all-- 7,a7 r$uce ! am\nt ( ! capitalization grant receiv$ by ! ,/ate to ! am\nt t is #e times ! am\nt s deposit$2 & 7,b7 9 accordance ) subsection 7b77#e71 allocate ! diff]5ce betwe5 ! am\nt t ! p>ticipat+ ,/ate w\ld h receiv$ if ! ,/ate _h compli$ ) p>agraph 7#a7 & ! am\nt ( ! r$uc$ grant t ! p>ticipat+ ,/ate receives "u subp>agraph 7,a74 7g7 ,types ( assi/ance ,unless o!rwise prohibit$ by ,/ate law1 a p>ticipat+ ,/ate may use ! am\nts deposit$ into a ,/ate loan fund "u ?is section only-- 7#a7 to make a loan1 on ! condition t-- 7,a7 ! int]e/ rate = ! loan is n m ?an ! m>ket int]e/ rate2 7,b7 ! recipi5t ( ! loan w beg9 mak+ pr9cipal & int]e/ paym5ts on ! loan n lat] ?an #a ye> aft] ! date on :i* ! project = :i* ! loan 0 made is complet$2 7,c7 ! loan w be fully amortiz$ n lat] ?an #bj ye>s aft] ! date on :i* ! project = :i* ! loan 0 made is complet$1 except t1 9 ! case ( a loan made = a project 9 a l[-income geographic area or to a l[-income home[n]1 ! ,/ate may provide a long] amortization p]iod = ! loan if t long] p]iod-- 7i7 ends on a date t is n lat] ?an #cj ye>s aft] ! date on :i* ! project is complet$2 & 7ii7 is n long] ?an ! expect$ design life ( ! project2 7,d7 ! recipi5t ( ! loan demon/rates1 bas$ on v]ifi$ & docum5t$ in=mation t1 z ( ! date on :i* ! loan is made1 ! recipi5t has a reasonable ability to repay ! loan1 accord+ to ! t]ms ( ! loan1 except t ?is subp>agraph may n be con/ru$ to au?orize any r$uction or limitation 9 ef=ts to comply ) ! requirem5ts ( subsection 7c77#b77;,f72 & 7,e7 paym5ts ( pr9cipal & int]e/ ) respect to ! loan w be deposit$ into ! ,/ate loan fund2 7#b7 to buy or ref9ance ! debt obligation ( a local gov]nm5t at an int]e/ rate t is n m ?an ! m>ket int]e/ rate2 7#c7 to gu>antee1 or pur*ase insurance =1 a local obligation1 ! proce$s ( :i* f9ance a project eligible = assi/ance "u ?is section1 if ! gu>antee or pur*ase1 z applicable1 w\ld-- 7,a7 improve cr$it m>ket access2 or 7,b7 r$uce ! int]e/ rate ) respect to ! obligation2 7#d7 z a s\rce ( rev5ue or z security = ! paym5t ( pr9cipal & int]e/ on rev5ue or g5]al obligation bonds issu$ by ! ,/ate if ! proce$s ( ! sale ( ! bonds w be deposit$ into ! ,/ate loan fund2 or 7#e7 to e>n int]e/ on ^? am\nts4 7h7 ,assi/ance = l[-,income home[n]s & l[-,income geographic areas 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is section1 if a p>ticipat+ ,/ate uses am\nts f a ,/ate loan fund to provide f9ancial assi/ance "u subsection 7c7 9 a l[-income geographic area or to a l[-income home[n]1 ! ,/ate may provide additional subsidization to ! recipi5t ( ! assi/ance1 includ+ =giv5ess ( ! pr9cipal ( a loan4 7#b7 ,limitation ,= ea* fiscal ye>1 ! total am\nt ( additional subsidization provid$ by a p>ticipat+ ,/ate "u p>agraph 7#a7 may n exce$ #cj p]c5t ( ! am\nt ( ! capitalization grant allocat$ to ! ,/ate = t fiscal ye>4 7i7 ,adm9i/ration ( fund 7#a7 ,9 g5]al ,a p>ticipat+ ,/ate may comb9e ! f9ancial adm9i/ration ( a ,/ate loan fund ) ! f9ancial adm9i/ration ( any o!r revolv+ fund e/abli%$ by ! ,/ate if-- 7,a7 comb9+ ! adm9i/ration ( ! funds w\ld-- 7i7 be conv5i5t & avoid adm9i/rative co/s2 & 7ii7 n violate ! law ( ! ,/ate2 & 7,b7 ! ,adm9i/rator det]m9es t-- 7i7 am\nts obta9$ f a grant made "u ?is section1 am\nts obta9$ f ! repaym5t ( a loan made f a ,/ate loan fund1 & int]e/ e>n$ on am\nts 9 a ,/ate loan fund w be-- 7,i7 acc\nt$ = sep>ately f am\nts f o!r revolv+ funds2 & 7,,ii7 us$ only = purposes au?oriz$ "u ?is section2 & 7ii7 aft] consult+ ) ! appropriate ,/ate ag5cies1 ! au?ority to e/abli% assi/ance priorities & c>ry out ov]sight & relat$ activities1 o!r ?an f9ancial adm9i/ration1 ) respect to flood assi/ance rema9s ) ! ,/ate ag5cy ) prim>y responsibility = floodpla9 managem5t4 7#b7 ,adm9i/rative & te*nical co/s 7,a7 ,9 g5]al ,= ea* fiscal ye>1 a p>ticipat+ ,/ate may use ! am\nt describ$ 9 subp>agraph 7,b7 to-- 7i7 pay ! reasonable co/s ( adm9i/ration ( ! programs "u ?is section1 includ+ ! recov]y ( reasonable co/s incurr$ 9 e/abli%+ a ,/ate loan fund2 7ii7 provide appropriate ov]sight ( projects au?oriz$ "u ?is section2 & 7iii7 provide te*nical assi/ance & outrea* to recipi5ts 9 ! ,/ate ( am\nts "u ?is section1 includ+ ) respect to updat+ haz>d mitigation plans & p>ticipat+ 9 ! ,community ,rat+ ,sy/em1 9 an am\nt t is n m ?an #d p]c5t ( ! funds made available to ! ,/ate "u ?is section4 7,b7 ,description ,! am\nt describ$ 9 ?is subp>agraph is an am\nt equal to ! sum (-- 7i7 any fees collect$ by a p>ticipat+ ,/ate to recov] ! co/s describ$ 9 subp>agraph 7,a77i71 reg>dless ( ! s\rce2 & 7ii7 ! greate/ (-- 7,i7 #djj1jjj2 7,,ii7 #j4b p]c5t ( ! value ( ! ,/ate loan fund ( a ,/ate1 z ( ! date on :i* ! valuation is made2 & 7,,iii7 an am\nt equal to #g p]c5t ( all grant aw>ds made to a p>ticipat+ ,/ate = ! ,/ate loan fund ( ! ,/ate "u ?is section = ! fiscal ye>4 7#c7 ,audit & report 7,a7 ,audit requirem5t ,n less frequ5tly ?an bi5nially1 ea* p>ticipat+ ,/ate %all conduct an audit ( ! ,/ate loan fund ( ! ,/ate4 7,b7 ,report ,ea* p>ticipat+ ,/ate %all submit to ! ,adm9i/rator a bi5nial report reg>d+ ! activities ( ! ,/ate "u ?is section dur+ ! p]iod cov]$ by ! report1 includ+-- 7i7 ! result ( any audit conduct$ by ! ,/ate "u subp>agraph 7,a72 & 7ii7 a review ( ! effectiv5ess ( ! ,/ate loan fund ( ! ,/ate ) respect to-- 7,i7 ! int5d$ use plans ( ! ,/ate2 & 7,,ii7 meet+ ! objectives describ$ 9 subsection 7b77#a74 7#d7 ,ov]sight ,9 conduct+ ov]sight ) respect to ,/ate loan funds e/abli%$ "u ?is section1 ! ,adm9i/rator-- 7,a7 %all-- 7i7 p]iodically audit ! funds 9 accordance ) proc$ures e/abli%$ by ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates2 & 7ii7 n less frequ5tly ?an once e #d ye>s1 review ea* ,/ate loan fund to det]m9e ! effectiv5ess ( ! fund 9 r$uc+ flood risk2 & 7,b7 may1 at any "t-- 7i7 make recomm5dations to a p>ticipat+ ,/ate ) respect to ! adm9i/ration ( ! ,/ate loan fund ( ! ,/ate2 or 7ii7 require specific *anges ) respect to a ,/ate loan fund 9 ord] to improve ! effectiv5ess ( ! fund4 7j7 ,liability protections ,! ,f$]al ,em]g5cy ,managem5t ,ag5cy %all n be liable = any claim bas$ on ! ex]cise or p]=mance (1 or ! failure to ex]cise or p]=m1 a discretion>y function or duty by ! ,ag5cy1 or an employee ( ! ,ag5cy1 9 c>ry+ out ?is section4 7k7 ,regulations ,! ,adm9i/rator %all promulgate su* guidance or regulations z may be necess>y to c>ry out ?is section1 includ+ guidance or regulations t-- 7#a7 ensure t ea* p>ticipat+ ,/ate to :i* funds are allocat$ "u ?is section uses ! funds z effici5tly z possible2 7#b7 r$uce1 to ! maximum ext5t practicable1 wa/e1 fraud1 & abuse ) respect to ! implem5tation ( ?is section2 & 7#c7 require any p>ty t receives funds directly or indirectly "u ?is section1 includ+ a p>ticipat+ ,/ate & a recipi5t ( am\nts f a ,/ate loan fund1 to use proc$ures ) respect to ! managem5t ( ! funds t con=m to g5]ally accept$ acc\nt+ /&>ds4 7l7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ su* sums z may be necess>y to c>ry out ?is section = fiscal ye>s #bjbj ?r\gh #bjbi4 4 7b7 ,consid]ation ( mitigation measures fund$ by /ate loan funds 9 flood insurance premium rates 7#a7 ,e/imat$ rates ,section #acjg7;a77#a77;,a77ii7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djad7;a77#a77;,a77ii77 is am5d$ by /rik+ & simil> measures & ins]t+ simil> measures1 & any activities fund$ ?r\gh am\nts f a ,/ate loan fund e/abli%$ "u section #acbf4 7#b7 ,*>geable rates ,section #acjh7;b77#a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7;b77#a77 is am5d$ by /rik+ & simil> measures & ins]t+ simil> measures1 & any activities fund$ ?r\gh am\nts f a ,/ate loan fund e/abli%$ "u section #acbf4 #bjh4 ,mapp+ mod]nization 7a7 ,am5dm5ts to ! ,bigg]t-,wat]s ,flood ,insurance ,re=m ,act ( #bjab ,! ,bigg]t-,wat]s ,flood ,insurance ,re=m ,act ( #bjab 7#db ,u4,s4,c4 #djjd et seq47 is am5d$-- 7#a7 9 section #ajjbae 7#db ,u4,s4,c4 #daja;a7-- 7,a7 9 subsection 7b77#a7-- 7i7 by r$esignat+ subp>agraphs 7,a7 ?r\gh 7,e7 z subp>agraphs 7,b7 ?r\gh 7,f71 respectively2 7ii7 by ins]t+ be=e subp>agraph 7,b71 z s r$esignat$1 ! foll[+3 7,a7 ! ,director ( ! ,unit$ ,/ates ,geological ,survey2 2 & 7iii7 9 subp>agraph 7,f71 z s r$esignat$-- 7,i7 9 ! matt] prec$+ clause 7i71 by /rik+ #af & ins]t+ #ag2 7,,ii7 9 clause 7xiii71 by /rik+ & at ! end2 7,,iii7 9 clause 7xiv71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,,iv7 by add+ at ! end ! foll[+3 7xv7 an exp]t 9 ! field ( cata/rophic risk model+4 2 & 7,b7 by add+ at ! end ! foll[+3 7m7 ,private or community flood maps 7#a7 ,/&>ds & proc$ures ,9 addition to ! o!r duties ( ! ,c\ncil "u ?is section1 n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is subsection1 ! ,c\ncil %all develop & e/abli% a set ( /&>ds1 guidel9es1 & proc$ures =-- 7,a7 ,/ate & local gov]nm5ts1 f$]ally or ,/ate-recogniz$ metropolitan plann+ organizations 7commonly kn[n z ,m,p,os71 f$]ally or ,/ate-recogniz$ c\ncils ( local gov]nm5ts1 & f$]ally or ,/ate-recogniz$ rural transportation plann+ organizations to use 9 mapp+ flood risks & develop+ alt]native maps to ! flood insurance rate maps develop$ by ! ,adm9i/rator2 & 7,b7 c]tification1 by ! ,adm9i/rator n lat] ?an #ij days aft] ! date on :i* a map develop$ "u subp>agraph 7,a7 is submitt$ to ! ,adm9i/rator1 = use "u ! ,national ,flood ,insurance ,program 9 ! case ( any area cov]$ by a flood insurance rate map develop$ or approv$ by ! ,adm9i/rator t has n be5 updat$ or reissu$ dur+ ! prec$+ #c-ye> p]iod4 7#b7 ,treatm5t ,on & aft] ! date on :i* ! ,adm9i/rator c]tifies a map "u p>agraph 7#a77;,b71 ! map-- 7,a7 %all be consid]$ ! flood insurance rate map 9 effect = all purposes ( ! ,national ,flood ,insurance ,program ) respect to ! area cov]$ by ! map2 & 7,b7 may n be revis$1 updat$1 or replac$ 9 accordance ) ! /&>ds1 guidel9es1 & proc$ures e/abli%$ "u p>agraph 7#a7 be=e ! expiration ( ! #c-ye> p]iod beg9n+ on t date ( c]tification4 7#c7 ,exemption f rulemak+ ,until ! date on :i* ! ,adm9i/rator promulgates regulations implem5t+ p>agraphs 7#a7 & 7#b71 ! ,adm9i/rator may adopt policies & proc$ures1 not)/&+ any o!r provision ( law1 necess>y to implem5t ^? p>agraphs )\t reg>d to section #eec ( title #e1 ,unit$ ,/ates ,code1 & )\t conduct+ regulatory analyses o!rwise requir$ by /atute1 regulation1 or ,executive ord]4 2 & 7#b7 9 section #ajjbaf 7#db ,u4,s4,c4 #daja;b7-- 7,a7 9 subsection 7b7-- 7i7 9 p>agraph 7#a7-- 7,i7 9 subp>agraph 7,a71 by /rik+ to-- & all t foll[s ?r\gh ! end ( clause 7vi7 & ins]t+ to all areas ( ! ,unit$ ,/ates22 7,,ii7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7,,iii7 9 subp>agraph 7,c71 by /rik+ accurate topography & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ curr5t & be/ remote s5s+ te*nology22 & 7,,iv7 by add+ at ! end ! foll[+3 7,d7 :5 appropriate1 p>tn] ) o!r ,f$]al ag5cies & private entities 9 ord] to meet ! objectives ( ! program2 & 7,e7 consult & coord9ate ) ! ,secret>y ( ,def5se1 ! ,director ( ! ,unit$ ,/ates ,geological ,survey1 & ! ,adm9i/rator ( ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration to obta9 ! mo/ up-to-date maps & o!r in=mation ( ^? ag5cies1 includ+ in=mation relat+ to topography1 wat] fl[1 wat]%$ *>act]i/ics1 & any o!r issues t are relevant to id5tify+1 review+1 updat+1 ma9ta9+1 & publi%+ ,national ,flood ,insurance ,program rate maps4 2 & 7ii7 9 p>agraph 7#c7-- 7,i7 9 subp>agraph 7,a71 by r$esignat+ clauses 7i7 & 7ii7 z subclauses 7,i7 & 7,,ii71 respectively1 & adju/+ ! m>g9s accord+ly2 7,,ii7 by r$esignat+ subp>agraphs 7,a7 ?r\gh 7,e7 z clauses 7i7 ?r\gh 7v71 respectively1 & adju/+ ! m>g9s accord+ly2 7,,iii7 9 ! matt] prec$+ clause 7i71 z s r$esignat$1 by /rik+ ,adm9i/rator %all include-- & ins]t+ ! foll[+3 ,adm9i/rator-- 7,a7 %all include-- 2 7,,iv7 9 subp>agraph 7,a77v71 z s r$esignat$1 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,v7 by add+ at ! end ! foll[+3 7,b7 may include-- 7i7 any relevant in=mation t is obta9$ "u p>agraph 7#a77;,d72 & 7ii7 cada/ral features1 includ+1 = ea* cada/ral feature-- 7,i7 ! associat$ p>cel id5tification data = t feature2 & 7,,ii7 to ! maximum ext5t practicable1 us+ public & private sector address data1 ! address ( t feature4 2 7,b7 9 subsection 7c77#b7-- 7i7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7ii7 9 subp>agraph 7,c71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iii7 by add+ at ! end ! foll[+3 7,d7 n lat] ?an #e ye>s aft] ! date on :i* ! ,national ,geodetic ,survey completes ! mod]nization ( ! ,national ,spatial ,ref]5ce ,sy/em 9 #bjbb1 updat$ to con=m ) ! geospatial data provid$ by t sy/em2 & 7,e7 spatially accurate 9 accordance ) ! common protocols = geographic in=mation sy/ems "u section #baf ( ! ,e-,gov]nm5t ,act ( #bjjb 7#dd ,u4,s4,c4 #ceja note74 2 7,c7 by r$esignat+ subsection 7f7 z subsection 7g72 7,d7 by ins]t+ aft] subsection 7e7 ! foll[+3 7f7 ,incorporat+ build+-,specific flood risk in=mation 7#a7 ,e/abli%m5t 7,a7 ,9 g5]al ,n lat] ?an #e ye>s aft] ! date ( enactm5t ( ! ,national ,flood ,insurance ,program ,reau?orization & ,re=m ,act ( #bjai1 ! ,adm9i/rator1 9 coord9ation )1 & z recomm5d$ by1 ! ,te*nical ,mapp+ ,advisory ,c\ncil1 %all e/abli% a dynamic1 database-d]iv$ digital display environm5t = flood haz>d risk production & dissem9ation4 7,b7 ,consultation ) ,/ates & communities ,9 design+ & con/ruct+ ! environm5t "u subp>agraph 7,a71 ! ,adm9i/rator %all-- 7i7 lev]age & p>tn] ) ,/ates & communities t h successfully implem5t$ ! same approa*2 & 7ii7 consid] adopt+ ! te*niques & te*nologies us$ by ,/ates & communities describ$ 9 clause 7i7 & apply+ !m nationwide4 7#b7 ,digital display 7,a7 ,9 g5]al ,9 c>ry+ out p>agraph 7#a71 ! ,adm9i/rator %all create a digital display prompt$ ?r\gh dynamic qu]y+ ( a spatial1 relational build+ database t includes-- 7i7 special flood haz>d areas & base flood elevations = purposes ( l5d] compliance ) ! requirem5ts "u section #ajb ( ! ,flood ,disa/] ,protection ,act ( #aigc 7#db ,u4,s4,c4 #djab;a72 & 7ii7 /ructure-specific flood risk in=mation1 includ+1 = ea* prop]ty address-- 7,i7 ! spatial footpr9t & elevation ( ! /ructure relative to special flood haz>d areas & base flood elevations2 7,,ii7 ! mo/ curr5t elevation c]tificate applicable to ! prop]ty2 7,,iii7 any lett] ( map *anges2 7,,iv7 ! full risk premium rate e/imat$ = ! /ructure "u section #acjg7;a77#a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djad7;a77#a77 bas$ on elevation data2 7,v7 ! disclosure describ$ 9 section #acjh7l7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7l771 :i* %all include-- 7aa7 ! ext5t to :i*1 if any1 ! *>geable premium rate applicable to ! prop]ty is less ?an ! full risk premium rate "u section #acjg7;a77#a7 ( t ,act 7#db ,u4,s4,c4 #djad7;a77#a772 & 7bb7 an explanation ( ! diff]5ce describ$ 9 item 7aa7 & ! me?odology us$ to rate ! prop]ty2 7,,vi7 ! e/imat$ co/ to repair ! /ructure 9 ! case ( damage f floods ) recurr5ce int]vals rang+ f ! #aj p]c5t annual *ance ev5t to ! #j4b p]c5t annual *ance ev5t2 7,,vii7 ! co/-effectiv5ess ( mitigat+ ! /ructure us+ common me?ods & h[ ! *>geable premium rate w\ld *ange bas$ on ea* mitigation me?od2 & 7,,viii7 ! claims hi/ory ( ! /ructure1 includ+ ! am\nt & date ( ea* loss4 7,b7 ,privacy requirem5ts ,) respect to ! database describ$ 9 subp>agraph 7,a71 includ+ any data us$ to create t database1 ! ,adm9i/rator may n dissem9ate ! database to any p]son o!r ?an ! own] or leasehold] ( a prop]ty id5tifi$ 9 ! database4 7#c7 ,database 7,a7 ,9 g5]al ,! ,adm9i/rator %all-- 7i7 develop a spatial1 relational database ( build+s 9 ! ,national ,flood ,insurance ,program2 & 7ii7 obta9 ! data necess>y to support ! digital display creat$ "u p>agraph 7#b74 7,b7 ,data ,! data obta9$ "u subp>agraph 7,a7 %all include1 at a m9imum-- 7i7 footpr9ts & elevations 7includ+ l[e/ adjac5t grade & fir/ floor7 f ,light ,detection & ,rang+ 7commonly kn[n z ,li,d,a,r7 data collections or o!r data collection me?ods t meet or exce$ ! /&>ds = build+s1 z det]m9$ by ! ,adm9i/rator2 7ii7 elevation c]tificates2 7iii7 p>cel1 address1 & imag]y data necess>y = ! id5tification1 assessm5t1 & r$uction ( flood haz>ds = individual prop]ties2 7iv7 flood insurance rate maps1 /udies1 & support+ data2 7v7 lett]s ( map *ange2 & 7vi7 any o!r data t ! ,adm9i/rator det]m9es necess>y to collect to meet ! objectives ( ?is section4 7#d7 ,data procurem5t ,! ,adm9i/rator %all obta9 any data necess>y to e/abli% ! environm5t "u p>agraph 7#a71 includ+ by-- 7,a7 direct+ communities p>ticipat+ 9 ! ,national ,flood ,insurance ,program1 by regulation1 to collect & supply in=mation1 includ+ elevation data1 = ea* /ructure t obta9s a con/ruction or o!r developm5t p]mit )9-- 7i7 a special flood haz>d area2 or 7ii7 an advisory special flood haz>d area adopt$ by ! community2 7,b7 issu+ guidel9es & /&>ds1 z det]m9$ by ! ,adm9i/rator2 7,c7 p>tn]+ ) o!r ,f$]al1 ,/ate1 local1 & private /akehold]s to ! greate/ ext5t possible to obta9 & %>e exi/+ data t meets or exce$s ! /&>ds det]m9$ by ! ,adm9i/rator "u subp>agraph 7,b72 & 7,d7 contract+ ) private companies to obta9 new ,li,d,a,r data collections or elevation c]tificates4 7#e7 ,,nfip premium cr$it ,! ,adm9i/rator %all provide a #a-"t premium cr$it ( n m ?an #ejj to a policyhold] =-- 7,a7 ! pur*ase ( an elevation c]tificate2 or 7,b7 ! purposes ( appeal+ ! *>geable premium rate ) respect to ! prop]ty to :i* ! premium applies4 7#f7 ,mass lett]s ( map *ange ,9 coord9ation ) ,/ates & communities t h successfully implem5t$ a dynamic1 database-d]iv$ digital display environm5t = flood haz>d risk production & dissem9ation1 ! ,adm9i/rator %all issue guidel9es = ! adoption & integration into ! program e/abli%$ "u subsection 7a7 ( ,li,d,a,r-bas$ lett] ( map am5dm5t approa*es4 7#g7 ,annual report ,! ,adm9i/rator %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives an annual progress report on ! implem5tation ( ?is subsection1 :i* %all include recomm5dations to r$uce ! co/ & improve ! implem5tation ( ?is subsection4 2 & 7,e7 9 subsection 7g71 z s r$esignat$-- 7i7 by /rik+ ?is section #djj1jjj1jjj & ins]t+ ! foll[+3 ?is section-- 7#a7 #djj1jjj1jjj 2 & 7ii7 by /rik+ ! p]iod at ! end & ins]t+ ! foll[+3 2 & 7#b7 #djj1jjj1jjj = ea* ( fiscal ye>s #bjbj ?r\gh #bjbe4 4 7b7 ,appeals 7#a7 ,9 g5]al 7,a7 ,"r to appeal ,section #acfj ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #daja7 is am5d$ by add+ at ! end ! foll[+3 7k7 ,appeals ( exi/+ maps 7#a7 ,"r to appeal ,subject to p>agraph 7#f71 a ,/ate or local gov]nm5t1 or ! own] or lessee ( real prop]ty1 t makes a =mal reque/ to ! ,adm9i/rator to update a flood insurance rate map t ! ,adm9i/rator d5ies may at any "t appeal ! d5ial 9 accordance ) ?is subsection4 7#b7 ,basis = appeal ,! basis = an appeal "u ?is subsection %all be ! possession ( k or in=mation t-- 7,a7 ! base flood elevation level or designation ( any aspect ( a flood insurance rate map is sci5tifically or te*nically inaccurate2 or 7,b7 factors exi/ t mitigate ! risk ( flood+1 includ+ dit*es1 banks1 walls1 vegetation1 levees1 lakes1 dams1 res]voirs1 bas91 ret5tion ponds1 & o!r natural or manmade topographical features4 7#c7 ,appeals process 7,a7 ,adm9i/rative adjudication ,! ,adm9i/rator %all det]m9e an appeal "u ?is subsection by mak+ a f9al adjudication on ! record1 aft] provid+ an opportunity = an adm9i/rative he>+4 7,b7 ,rights ^u adv]se decision 7i7 ,optional arbitration ,if an appeal det]m9$ "u subp>agraph 7,a7 does n result 9 a decision 9 favor ( ! ,/ate1 local gov]nm5t1 own]1 or lessee1 t p>ty may reque/ t an appeal ( ! adv]se decision be he>d ?r\gh indep5d5t1 non-b9d+ arbitration4 7ii7 ,process ,! ,adm9i/rator %all e/abli% a process = arbitration "u clause 7i7 "u :i* ! arbitrator provides a non-b9d+ recomm5dation to ! ,adm9i/rator4 7#d7 ,relief 7,a7 ,:olly successful appeals ,if ! ,adm9i/rator det]m9es1 9 an appeal "u ?is subsection1 t ! prop]ty ( a policyhold] t _h be5 includ$ 9 a special flood haz>d area "u ! flood insurance rate map is actually n 9 a special flood haz>d area-- 7i7 ! policyhold] may cancel ! policy at any "t dur+ ! ye> 9 :i* ! ,adm9i/rator makes ! det]m9ation2 & 7ii7 ! ,adm9i/rator %all provide ! policyhold] a refund equal to ! am\nt (-- 7,i7 any premiums t ! policyhold] paid dur+ ! ye> describ$ 9 clause 7i72 & 7,,ii7 any premiums t ! policyhold] paid = flood insurance cov]age t ! policyhold] 0 requir$ to pur*ase or ma9ta9 dur+ ! #b-ye> p]iod prec$+ ! ye> describ$ 9 clause 7i74 7,b7 ,p>tially successful appeals ,if ! ,adm9i/rator det]m9es 9 an appeal "u ?is subsection t mitigat+ factors h r$uc$1 b n elim9at$1 ! risk ( flood+ to a prop]ty1 ! ,adm9i/rator %all-- 7i7 r$uce ! am\nt ( flood insurance cov]age requir$ to be ma9ta9$ = ! prop]ty by ! ratio ( ! successful portion ( ! appeal z comp>$ to ! entire appeal2 & 7ii7 provide ! policyhold] a refund equal to ! diff]5ce betwe5-- 7,i7 ! am\nt ( any premiums t ! policyhold] paid dur+ ! p]iod-- 7aa7 beg9n+ on ! lat] (-- 7,,aa7 ! date on :i* ! mitigat+ factor 0 creat$2 or 7,,bb7 ,janu>y #a ( ! second ye> prec$+ ! date on :i* ! det]m9ation is made2 & 7bb7 end+ on ! date on :i* ! r$uction 9 ! am\nt ( flood insurance requir$1 z describ$ 9 clause 7i71 takes effect2 & 7,,ii7 ! am\nt ( premiums t ! policyhold] w\ld h be5 requir$ to pay if ! r$uc$ am\nt ( flood insurance cov]age requir$1 z describ$ 9 clause 7i71 _h be5 9 effect dur+ ! p]iod describ$ 9 subclause 7,i7 ( ?is clause4 7,c7 ,additional relief ,! ,adm9i/rator may provide additional refunds 9 excess ( ! am\nts requir$ "u subp>agraphs 7,a7 & 7,b7 if ! ,adm9i/rator det]m9es t su* additional refunds are w>rant$4 7#e7 ,recov]y ( co/s 7,a7 ,appeal exp5ses ,if a ,/ate or local gov]nm5t1 or ! own] or lessee ( real prop]ty1 incurs any exp5se 9 connection ) an appeal "u ?is subsection t is bas$ on a sci5tific or te*nical error made by ! ,adm9i/rator & t is successful 9 :ole or "p reg>d+ ! designation ( ! base flood elevation or any aspect ( a flood insurance rate map1 includ+ elevation or designation ( a special flood haz>d area1 ! ,adm9i/rator %all reimburse ! ,/ate1 local gov]nm5t1 own]1 or lessee 9 accordance ) subp>agraph 7,b74 7,b7 ,reimbursable exp5ses ,! ,adm9i/rator-- 7i7 may reimburse a p>ty "u subp>agraph 7,a7 = reasonable exp5ses describ$ 9 t subp>agraph-- 7,i7 includ+ = a s]vice provid$ by a surveyor1 eng9e]1 or sci5tific exp]t2 & 7,,ii7 to ! ext5t measur$ by ! ratio ( ! successful portion ( ! appeal z comp>$ to ! entire appeal2 & 7ii7 may n reimburse a p>ty "u subp>agraph 7,a7 =-- 7,i7 ! co/ ( legal s]vices2 or 7,,ii7 ! paym5t ( any fee or exp5se1 ! paym5t ( :i* 0 agre$ to be cont+5t ^u ! result ( ! appeal4 7#f7 ,guidance ,! ,adm9i/rator %all issue guidance to implem5t ?is subsection1 :i* %all n be subject to ! notice & comm5t requirem5ts "u section #eec ( title #e1 ,unit$ ,/ates ,code4 4 7,b7 ,te*nical & con=m+ am5dm5ts ,section #acaj7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djag7;a77 is am5d$-- 7i7 9 p>agraph 7#g71 by /rik+ & at ! end2 7ii7 9 p>agraph 7#h71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iii7 by add+ at ! end ! foll[+3 7#i7 = provid+ reimbursem5ts ( exp5ses ( flood insurance rate map appeals "u section #acfj7k77#e74 4 7#b7 ,deadl9e = issuance ( guidance ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue ! guidance requir$ "u subsection 7k77#f7 ( section #acfj ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #daja71 z add$ by p>agraph 7#a77;,a74 #bji4 ,protect$ areas ,section #ajjbaf7;b7 ( ! ,bigg]t-,wat]s ,flood ,insurance ,re=m ,act ( #bjab 7#db ,u4,s4,c4 #daja;b7b77 is am5d$ by add+ at ! end ! foll[+3 7#d7 ,zones protect$ by levee sy/ems 7,a7 ,applicability ,subject to full implem5tation ( ?is section1 & not)/&+ any o!r provision ( law1 ?is p>agraph %all apply to a community 9 :i* ! ,adm9i/rator maps or re-maps a levee-impact$ area 9 :i* ! p]t95t levee sy/em fails to meet ! m9imum design1 op]ation1 & ma9t5ance /&>ds ( ! ,national ,flood ,insurance ,program requir$ = levee accr$itation on a ,national ,flood ,insurance ,program rate map4 7,b7 ,,al ,zones ,= levee-impact$ areas describ$ 9 subp>agraph 7,a71 ! ,adm9i/rator %all e/abli% flood risk zones kn[n z ,,al ,zones on ! ,national ,flood ,insurance ,program rate map4 7,c7 ,actu>ial rates 7i7 ,9 g5]al ,! ,adm9i/rator %all make available flood insurance to prop]ties 9 ,,al ,zones at actu>ial rates bas$ ^u ! risk associat$ ) /ructures )9 ! applicable ,,al ,zone4 7ii7 ,tempor>y rates ,until ! ,adm9i/rator promulgates actu>ial rates = ! v>i\s ,,al ,zones1 a /ructure )9 a portion ( a community locat$ )9 a levee-impact$ area describ$ 9 subp>agraph 7,a7 %all be eligible = rates associat$ ) areas ( mod]ate flood haz>ds 7also kn[n z ,/&>d ,x zone rates74 4 #baj4 ,community-wide flood mitigation activities ,x is ! s5se ( ,congress t ! ,adm9i/rator %\ld consid] flood mitigation activities t-- 7#a7 provide b5efits to an entire floodpla9 or community1 or to a portion ( su* a community2 7#b7 consid] all available & practicable approa*es2 & 7#c7 ! ,adm9i/rator det]m9es-- 7,a7 are te*nically feasible2 7,b7 h ! highe/ net b5efits2 & 7,c7 are consi/5t ) mitigation plans approv$ by ! ,adm9i/rator4 ,,iii ,solv5cy #cja4 ,=be>ance on ,,nfip int]e/ paym5ts 7a7 ,9 g5]al ,dur+ ! #e-ye> p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury may n *>ge ! ,adm9i/rator int]e/ on am\nts borr[$ by ! ,adm9i/rator "u section #acji7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaf7;a77 t 7 out/&+ z ( t date ( enactm5t4 7b7 ,use ( sav$ am\nts ,!re %all be deposit$ into ! ,national ,flood ,mitigation ,fund an am\nt equal to ! int]e/ t w\ld h accru$ on ! borr[$ am\nts dur+ ! #e-ye> p]iod describ$ 9 subsection 7a71 :i*1 not)/&+ any provision ( section #acfg ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajd;d71 ! ,adm9i/rator %all use to c>ry out ! program e/abli%$ "u section #acff ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajd;c74 7c7 ,no retroactive accrual ,aft] ! #e-ye> p]iod describ$ 9 subsection 7a71 ! ,secret>y ( ! ,treasury %all n require ! ,adm9i/rator to repay any int]e/ t1 b = t subsection1 w\ld h accru$ on ! borr[$ am\nts describ$ 9 t subsection dur+ t #e-ye> p]iod4 #cjb4 ,cap on ,write ,y\r ,own company comp5sation 7a7 ,9 g5]al ,section #acaa ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djah7 is am5d$-- 7#a7 by r$esignat+ subsection 7b7 z subsection 7c72 & 7#b7 by ins]t+ aft] subsection 7a7 ! foll[+3 7b7 ,limitation on comp5sation2 m9imum ag5t commissions ,9 negotiat+ ) appropriate repres5tatives ( ! insurance indu/ry "u subsection 7a71 ! ,adm9i/rator %all ensure t-- 7#a7 any reimbursem5t paid to a prop]ty & casualty insurance company = sell+1 writ+1 & s]vic+ flood insurance policies is n m ?an #bb4df p]c5t ( ! aggregate am\nt ( premiums *>g$ by ! insurance company2 & 7#b7 an insurance company pays a portion ( ! reimbursem5t describ$ 9 p>agraph 7#a7 to ag5ts ( ! company z a commission1 9 an am\nt t is n less ?an #ae p]c5t ( ! aggregate am\nt ( ! premiums sold by ! ag5t4 4 7b7 ,te*nical & con=m+ am5dm5ts ,section #acaa ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djah71 z am5d$ by subsection 7a71 is am5d$-- 7#a7 9 subsection 7a71 by /rik+ ,! ,adm9i/rator & ins]t+ ,9 g5]al4--,! ,adm9i/rator2 & 7#b7 9 subsection 7c71 z s r$esignat$ by subsection 7a7 ( ?is section1 by /rik+ ,= purposes ( subsection 7a7 & ins]t+ ,def9itions4--,= purposes ( ?is section4 #cjc4 ,taxpay] protection ,section #acfj7;g7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #daja7;g77 is am5d$-- 7#a7 9 ! fir/ s5t5ce1 by ins]t+ 1 subject to ! foll[+ s5t5ce1 aft] at a reasonable co/2 & 7#b7 by ins]t+ aft] ! fir/ s5t5ce ! foll[+3 ,! ,adm9i/rator %all develop a fee s*$ule bas$ on recov]+ ! actual co/s ( provid+ flood insurance rate maps to su* o!r p]sons1 & %all *>ge a fee bas$ on ! s*$ule to any private entity = ! use ( su* a map44 #cjd4 ,v5dor co/s2 transp>5cy 7a7 ,9 g5]al ,section #ajjbbd7;d7 ( ! ,bigg]t-,wat]s ,flood ,insurance ,re=m ,act ( #bjab 7#db ,u4,s4,c4 #djha note7 is am5d$-- 7#a7 by /rik+ ,n lat] ?an #ab mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,! ,adm9i/rator 2 & 7#b7 by add+ at ! end ! foll[+3 7#b7 ,v5dor co/s2 transp>5cy ,9 issu+ ! rule "u p>agraph 7#a71 ! ,adm9i/rator %all-- 7,a7 develop a s*$ule to det]m9e ! actual co/s ( ,write ,y\r ,own v5dors1 includ+ claims adju/]s & eng9e]+ companies2 7,b7 provide t if a ,write ,y\r ,own company reque/s reimbursem5t = ! co/s ( a s]vice or product provid$ to ! company by a v5dor1 ! ,adm9i/rator only reimburses ! company = ! actual co/s ( ! s]vice or products2 & 7,c7 require t all reimbursem5ts to ,write ,y\r ,own companies be made public1 includ+ a description ( ! product or s]vice provid$ to :i* ! reimbursem5t p]ta9s4 4 7b7 ,deadl9e = revis$ rule ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue a revis$ rule "u section #ajjbbd7;d7 ( ! ,bigg]t-,wat]s ,flood ,insurance ,re=m ,act ( #bjab 7#db ,u4,s4,c4 #djha note71 z am5d$ by subsection 7a74 #cje4 ,availability ( ,,nfip claims data 7a7 ,/udy requir$ 7#a7 ,9 g5]al ,! ,adm9i/rator %all /udy ! feasibility ( sell+ or lic5s+ ! use ( hi/orical /ructure-specific ,national ,flood ,insurance ,program claims data 7ref]r$ to 9 ?is section z cov]$ claims data7 to nongov]nm5tal entities4 7#b7 ,cont5ts ,9 conduct+ ! /udy requir$ "u p>agraph 7#a71 ! ,adm9i/rator %all1 at a m9imum-- 7,a7 inve/igate #a or m me?ods ( provid+ ! mo/ specific cov]$ claims data possible :ile reasonably protect+ policyhold] privacy2 7,b7 review exi/+ means1 z ( ! date ( enactm5t ( ?is ,act1 by :i* ! ,f$]al ,gov]nm5t & nongov]nm5tal entities provide leases or lic5ses to private p]sons1 & ! v>i\s regulations1 t]ms1 conditions1 & guidance employ$2 7,c7 id5tify pot5tial uses = cov]$ claims data & any kn[n risks conc]n+ ^? uses1 includ+ ! risk t private insurance companies w use ! data to issue flood insurance policies ) respect to prop]ties t h ! l[e/ level ( flood risk1 :i* w\ld require ! ,national ,flood ,insurance ,program to issue ^? policies ) respect to prop]ties ) high] levels ( flood risk2 7,d7 id5tify me*anisms = det]m9+ ! likely m>ket value = access to cov]$ claims data2 7,e7 consid] :e!r sell+ or lic5s+ ! use ( cov]$ claims data1 z describ$ 9 p>agraph 7#a71 w\ld be 9 compliance ) section #eeb;a ( title #e1 ,unit$ ,/ates ,code2 & 7,f7 recomm5d actions ! ,adm9i/rator c\ld take1 if any1 to prev5t un9t5d$ consequ5ces associat$ ) ! sale or lic5s+ = private insurance purposes cov]$ claims data4 7b7 ,report by ,adm9i/rator ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a report t conta9s ! results & conclusions ( ! /udy conduct$ "u subsection 7a71 :i* %all include an analysis ( any recomm5dations made by ! /udy4 #cjf4 ,refusal ( mitigation assi/ance ,section #acff ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajd;c7 is am5d$-- 7#a7 9 subsection 7a71 9 ! matt] prec$+ p>agraph 7#a71 9 ! fir/ s5t5ce1 by ins]t+ &1 ) respect to f9ancial assi/ance describ$ 9 p>agraph 7#b71 us+ am\nts made available f ! ,disa/] ,relief ,fund 9 accordance ) section #bjc7n7 ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eacc7n77 aft] section #acfg2 7#b7 by r$esignat+ subsection 7h7 z subsection 7i72 & 7#c7 by ins]t+ aft] subsection 7g7 ! foll[+3 7h7 ,refusal ( assi/ance 7#a7 ,def9ition ,9 ?is subsection1 ! t]m bona fide (f] ( assi/ance means an (f] ( assi/ance made by ! ,adm9i/rator to a policyhold] "u ! national flood insurance program t-- 7,a7 relates to mitigation activities ) respect to ! /ructure insur$ "u t program2 7,b7 cov]s #ajj p]c5t ( ! co/ ( ! mitigation activities describ$ 9 subp>agraph 7,a72 7,c7 p]mits ! policyhold] to cont9ue to live 9 ! /ructure to :i* ! policy relates2 & 7,d7 is c>ri$ out "u a mitigation plan4 7#b7 ,p5alty ,if1 aft] ! date ( enactm5t ( ?is subsection1 a policyhold] "u ! national flood insurance program refuses a bona fide (f] ( assi/ance ) respect to ! prop]ty s insur$1 ! ,adm9i/rator %all1 not)/&+ any o!r provision ( ?is title1 increase ! *>geable risk premium rate = flood insurance "u ?is title = ! prop]ty by #be p]c5t ea* ye> until-- 7,a7 ! policyhold] accepts ! bona fide (f] ( assi/ance2 or 7,b7 t *>geable risk premium rate is actu>ially s\nd4 4 ,,iv ,policyhold] protection & fairness #dja4 ,e>? movem5t fix & eng9e] /&>ds 7a7 ,rebuttable presumption = f\ndation & /ructural damage 7#a7 ,9 g5]al ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai7 is am5d$ by add+ at ! end ! foll[+3 7d7 ,rebuttable presumption = f\ndation & /ructural damage 7#a7 ,9 g5]al ,= ! purposes ( ! ,adm9i/rator det]m9+ cov]age "u ! /&>d flood insurance policy "u ! national flood insurance program1 a rebuttable presumption t physical damage to ! f\ndation (1 or /ructural damage to1 a /ructure 0 n caus$ by e>? movem5t %all apply if-- 7,a7 flood caus$ direct physical *ange to ! /ructure2 & 7,b7 !re is damage to ! f\ndation (1 or /ructural damage to1 ! /ructure t 0 n pres5t be=e ! flood1 z demon/rat$ by a c]tification f ! policyhold]4 7#b7 ,rebuttal ,9 det]m9+ cov]age z a result ( ! rebuttable presumption "u p>agraph 7#a71 an insurance company may rebut ! presumption only by provid+ ! ,adm9i/rator ) an eng9e]+ report t-- 7,a7 meets /&>ds issu$ by ! ,adm9i/rator "u p>agraph 7#c72 & 7,b7 cle>ly demon/rates t ! physical damage to ! f\ndation (1 or /ructural damage to1 a /ructure describ$ 9 p>agraph 7#a7 0 caus$ directly by e>? movem5t t 0 n caus$ by-- 7i7 ! horizontal pressure f /&+ or sl[-mov+ floodwat] 7commonly kn[n z hydro/atic pressure72 7ii7 ! =ce ( floodwat] t causes ! v]tical uplift f ! und]side ( a horizontal f\ndation compon5t1 su* z a concrete slab1 foot]1 or a /ructural floor assembly 7commonly kn[n z buoyancy72 7iii7 pressure impos$ on an object1 su* z a wall ( a build+1 by high-velocity floodwat] or waves fl[+ aga9/ & ar\nd ! build+ 7commonly kn[n z hydrodynamic =ce72 7iv7 floodwat] mov+ along ! surface ( ! gr\nd caus+ soil to sudd5ly erode or und]m9e1 result+ 9 failure ( a f\ndation or to "o ( ! /ructural compon5ts ( ! f\ndation 7commonly kn[n z sc\r+72 or 7v7 e>? movem5t o!rwise caus$ by flood4 7#c7 ,9 g5]al ,! ,adm9i/rator %all issue m9imum /&>ds-- 7,a7 reg>d+ ! =m & cont5t ( eng9e]+ reports us$ to assi/ insurance claims adju/]s ) respect to c>ry+ out ?is subsection2 & 7,b7 :i* %all-- 7i7 include a requirem5t t any su* eng9e]+ report %all be sign$ & h a seal affix$ by an eng9e] :o is lic5s$ 9 ! ,/ate 9 :i* ! prop]ty to :i* ! claim relates is locat$2 & 7ii7 be consi/5t ) g5]ally accept$ practices 9-- 7,i7 ! field ( =5sic eng9e]+2 & 7,,ii7 ! insurance indu/ry4 7#d7 ,rule ( con/ruction ,no?+ 9 ?is subsection may be con/ru$ to modify ! t]ms & conditions ( ! /&>d flood insurance policy4 4 7#b7 ,application ,! am5dm5ts made by p>agraph 7#a7 %all apply ) respect to a claim ) a date ( loss t is on or aft] ! date t is #ij days aft] ! date ( enactm5t ( ?is ,act4 7b7 ,regulations ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue ! /&>ds requir$ "u subsection 7d77#c7 ( section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z add$ by subsection 7a77#a74 #djb4 ,cov]age ( pre-,,firm condom9ium basem5ts & /udy on /reet rais+ 7a7 ,basem5t cl>ification 7#a7 ,9 g5]al ,section #acje ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djab7 is am5d$ by add+ at ! end ! foll[+3 7e7 ,availability ( insurance = pre-,,firm condom9ium basem5ts 7#a7 ,def9ition ,9 ?is subsection1 ! t]m pre-,,firm condom9ium build+ means a condom9ium build+ t 0 n con/ruct$ or sub/antially improv$ aft] ! lat] (-- 7,a7 ,decemb] #ca1 #aigd2 or 7,b7 ! effective date ( ! initial flood insurance rate map publi%$ by ! ,adm9i/rator "u section #acfj = ! area 9 :i* ! build+ is locat$4 7#b7 ,cov]age ,! ,adm9i/rator %all make flood insurance available to cov] ! basem5t ( any pre-,,firm condom9ium build+ if t basem5t s]ves z a sep>ate resid5tial unit )9 t condom9ium build+4 4 7#b7 ,am5dm5ts to regulations ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all make any am5dm5ts to ! regulations ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy t are necess>y z a result ( ! am5dm5t made by p>agraph 7#a74 7b7 ,/udy on consequ5ces ( /reet-,rais+ 7#a7 ,def9ition ,9 ?is subsection1 ! t]m affect$ prop]ty means a prop]ty conta9+ an area-- 7,a7 ! floor ( :i* 0 locat$ at or above grade be=e ! community rais$ ! /reet adjac5t to ! prop]ty2 & 7,b7 aft] ! /reet-rais+ describ$ 9 subp>agraph 7,a71 t 0 designat$ z a basem5t because ( ! /reet-rais+4 7#b7 ,/udy2 report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all /udy & submit to ,congress a report on ! consequ5ces ( /reet-rais+ on flood insurance cov]age = an affect$ prop]ty "u ! ,national ,flood ,insurance ,program1 includ+ ! co/ implications = ! prop]ty own]4 #djc4 ,guidance on rem$iation & policyhold] duties 7a7 ,9 g5]al ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by section #dja7;a77#a71 is am5d$ by add+ at ! end ! foll[+3 7e7 ,guidance on mold rem$iation 7#a7 ,9 g5]al ,! ,adm9i/rator %all issue guidance relat+ to ! id5tification ( reasonable actions t a policyhold] ( cov]age = flood insurance made available "u ?is title may take to inspect & ma9ta9 ! prop]ty to :i* t cov]age applies-- 7,a7 aft] a flood rec$es2 & 7,b7 9 ord] to avoid damage to ! prop]ty t is caus$ by mold1 mildew1 moi/ure1 or wat]4 7#b7 ,consid]ations ,9 develop+ guidance "u p>agraph 7#a71 ! ,adm9i/rator %all consid]-- 7,a7 any applicable laws & regulations2 7,b7 ! t]ms & conditions ( ! /&>d flood insurance policy2 7,c7 te*nical be/ practices2 7,d7 ! co/s ( rem$iation 9 relation to ! condition ( a prop]ty describ$ 9 t p>agraph2 & 7,e7 ! actions t ! ,adm9i/rator may reasonably expect a policyhold] describ$ 9 t p>agraph to take1 giv5 ! likely *all5ges fac$ by ! policyhold] aft] a flood4 7#c7 ,regul> review ,! ,adm9i/rator %all-- 7,a7 regul>ly review ! guidance issu$ "u p>agraph 7#a72 & 7,b7 revise ! guidance issu$ "u p>agraph 7#a7 z ! ,adm9i/rator det]m9es appropriate4 7#d7 ,annual di/ribution ,! ,adm9i/rator %all provide a copy ( ! guidance issu$ "u p>agraph 7#a7 to a policyhold] at ! "t ( ! pur*ase or r5ewal ( a flood insurance policy sold "u ?is title4 4 7b7 ,initial issuance ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue ! guidance requir$ "u subsection 7e7 ( section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z add$ by subsection 7a7 ( ?is section4 7c7 ,accessibility1 reasonabl5ess & degree ( damage ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by subsection 7a71 is am5d$ by add+ at ! end ! foll[+3 7f7 ,exclusion ( c]ta9 damage ,= purposes ( det]m9+ :e!r damage caus$ by mold1 mildew1 moi/ure1 or wat] to a prop]ty %all be exclud$ f cov]age "u ! /&>d flood insurance policy-- 7#a7 subject to p>agraph 7#b71 only ! degree ( damage caus$ by mold1 mildew1 moi/ure1 or wat] t c\ld h be5 avoid$ ?r\gh inspection & ma9t5ance may be exclud$ f t cov]age2 & 7#b7 ! condition ( ! prop]ty to :i* ! damage relates may n be consid]$ to be attributable to ! policyhold] ) respect to ! prop]ty1 includ+ any failure by ! policyhold] to inspect & ma9ta9 ! prop]ty aft] a flood rec$es1 if-- 7,a7 ! policyhold] 0 d5i$ access to ! prop]ty aft] ! flood rec$$ because (-- 7i7 a lawful gov]nm5t ord]2 7ii7 a det]m9ation by local au?orities t ! prop]ty-- 7,i7 is unsafe or un/able2 or 7,,ii7 %all be condemn$2 or 7iii7 o!rwise unsafe conditions2 7,b7 a reasonable individual ex]cis+ reasonable judgm5t c\ld n be expect$ to inspect1 ma9ta91 or mitigate ! damage to ! prop]ty "u ! circum/ances2 or 7,c7 ! policyhold] fac$ p>ticul> *all5ges1 includ+-- 7i7 practical or f9ancial difficulty 9 inspect+ or ma9ta9+ ! prop]ty2 7ii7 ! ne$ to address o!r m imm$iate priorities1 includ+-- 7,i7 ! heal? & well-be+ ( ! policyhold] & ! family ( ! policyhold]2 7,,ii7 ! pres]vation ( basic items2 7,,iii7 displacem5t2 & 7,,iv7 o!r issues t make inspection & ma9t5ance ( ! prop]ty a ne>-t]m *all5ge = ! policyhold]2 & 7iii7 ! unavailability ( contractors or o!r individuals to p]=m any requir$ inspection & ma9t5ance4 4 #djd4 ,appeal ( decisions relat+ to flood insurance cov]age 7a7 ,9 g5]al ,section #bje ( ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7#db ,u4,s4,c4 #djaa note7 is am5d$-- 7#a7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ ,n lat] & ins]t+ ! foll[+3 7a7 ,9 g5]al ,n lat] 2 & 7#b7 by add+ at ! end ! foll[+3 7b7 ,deadl9e ,to file appeal ,! ,director %all e/abli% a deadl9e = fil+ an appeal "u ?is section t is n less ?an #a ye> aft] ! date on :i* ! decision be+ appeal$ 0 made4 7c7 ,notification ^u initial d5ial ( claim ,! ,director %all ensure t a claimant is provid$ ) ! rules1 =ms1 & deadl9es = an appeal "u ?is section at ! "t a claim is fir/ d5i$ 9 full or 9 "p1 includ+-- 7#a7 ! effective date ( ! d5ial2 7#b7 a ju/ification = ! d5ial1 includ+ support+ docum5tation2 7#c7 ! date on :i* ! p]iod ( limitation = in/itut+ an action on ! claim "u section #accc or #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djec & #djgb71 z applicable1 w end2 & 7#d7 a po9t ( contact ?r\gh :i* ! claimant c directly discuss an appeal ) a repres5tative ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy4 7d7 ,deadl9e ,to resolve appeal 7#a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date on :i* a policyhold] has submitt$ all necess>y in=mation relat+ to an appeal "u ?is section1 ! ,director %all provide an appeal decision 9 writ+ to ! policyhold] & insur]1 includ+ specific in=mation = ! resolution ( ! appeal4 7#b7 ,en=cem5t ,if ! ,director does n comply ) ! deadl9e "u p>agraph 7#a7 ) respect to an appeal1 & ! policyhold] t br\ght ! appeal is ultimately successful1 ! ,director %all pay to ! policyhold] int]e/ on ! claim t is ! subject ( ! appeal1 :i* %all-- 7,a7 beg9 accru+ on ! date on :i* ! policyhold] files ! appeal2 & 7,b7 be calculat$ us+ ! rate ( return on a #c-ye> ,treasury bill1 z 9 effect on ! date describ$ 9 subp>agraph 7,a74 7#c7 ,notification ^u d5ial ( appeal ,if ! ,director d5ies an appeal fil$ by a policyhold] "u ?is section1 ! ,director %all include ) ! notice ( d5ial-- 7,a7 an explanation ( ! legal options ( ! policyhold] = fur!r *all5g+ ! d5ial2 & 7,b7 ! date on :i* ! p]iod ( limitation = in/itut+ an action on ! claim "u section #accc or #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djec & #djgb71 z applicable1 w end4 7e7 ,optional arbitration 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is subsection1 ! ,director %all1 by regulation1 e/abli% a process ?r\gh :i* a flood insurance policyhold]1 in/ead ( submitt+ an appeal "u ?is section1 may reque/ t ! appeal be he>d ?r\gh indep5d5t1 b9d+ arbitration4 7#b7 ,rule ( con/ruction ,no?+ 9 p>agraph 7#a7 may be con/ru$ to-- 7,a7 require a policyhold] to submit to ! arbitration describ$ 9 t p>agraph2 or 7,b7 prev5t a policyhold] f obta9+ judicial review ( ! results ( ! arbitration describ$ 9 t p>agraph4 4 7b7 ,relation to regulations & o!r law ,no?+ 9 ! am5dm5ts made by subsection 7a7 may be con/ru$ to require ! ,adm9i/rator to repeal ! regulations promulgat$ "u section #bje ( ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7#db ,u4,s4,c4 #djaa note71 z 9 effect on ! day be=e ! date ( enactm5t ( ?is ,act1 or to promulgate new regulations1 except z necess>y to implem5t ^? am5dm5ts4 #dje4 ,acc\ntability = und]paym5ts & ov]paym5ts by ,write ,y\r ,own companies ,section #acdh ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djhd7 is am5d$ by add+ at ! end ! foll[+3 7c7 ,acc\ntability = und]paym5ts ,if ! ,adm9i/rator det]m9es ?r\gh any audit t ! pool or an insurance company or o!r private organization describ$ 9 subsection 7a7 has n adju/$ a claim 9 accordance ) adju/+ /&>ds t are 9 effect z ( ! date on :i* ! adju/m5t is p]=m$ &1 z a result ( t failure1 has und]paid or ov]paid a claim ( a policyhold]1 ! p5alty impos$ by ! ,adm9i/rator ) respect to su* a failure may n be less = an ov]paym5t ( a claim ?an = an und]paym5t ( a claim4 7d7 ,,gao report ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is subsection1 & tri5nially !reaft]1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a report reg>d+ any f9es or o!r p5alties impos$ by ! ,adm9i/rator "u subsection 7c74 4 #djf4 ,policyhold]s' "r to "k 7a7 ,use ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by section #djc7;c71 is am5d$ by add+ at ! end ! foll[+3 7g7 ,use ( te*nical assi/ance reports ,:5 adju/+ claims = any damage to or loss ( prop]ty t is cov]$ by flood insurance made available "u ?is title1 ! ,adm9i/rator may rely ^u te*nical assi/ance reports1 z def9$ 9 section #acab;,a7a71 only if ! reports are f9al & are prep>$ 9 compliance ) applicable ,/ate & ,f$]al laws reg>d+ pr(essional lic5sure & conduct4 4 7b7 ,disclosure ,*apt] ,i ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa et seq47 is am5d$ by ins]t+ aft] section #acab 7#db ,u4,s4,c4 #djai7 ! foll[+3 #acab;,a4 ,disclosure ( claims docum5ts & te*nical assi/ance reports 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m policyhold] means any p]son li/$ z a nam$ or additional insur$ on ! decl>ations page ( a policy = flood insurance cov]age made available "u ?is title2 & 7#b7 ! t]m te*nical assi/ance report means a report creat$ = ! purpose ( furni%+ te*nical assi/ance to an insurance claims adju/] assign$ "u ! national flood insurance program1 includ+ any report creat$ by an eng9e]1 a surveyor1 a salvor1 an ar*itect1 or a c]tifi$ public acc\ntant4 7b7 ,provision ( copies 7#a7 ,9 g5]al ,not)/&+ section #eeb;a ( title #e1 ,unit$ ,/ates ,code1 n lat] ?an #a week aft] ! date on :i* ! ,adm9i/rator receives a writt5 reque/1 or a reque/ submitt$ onl9e1 f a policyhold]1 & ) respect to a claim = loss submitt$ by ! policyhold] = any damage to or loss ( prop]ty t is cov]$ by ! policy1 ! ,adm9i/rator %all provide a true1 complete1 & unr$act$ copy (-- 7,a7 all docum5ts t con/itute ! claims file ( ! insurance company ) respect to ! claim2 7,b7 any docum5t creat$ by any adju/] 9 scop+ ! loss1 includ+ measurem5ts1 photographs1 & notes2 7,c7 any e/imates ( damages ) respect to ! claim2 7,d7 any draft & f9al te*nical assi/ance report relat+ to adju/+ & pay+ or d5y+ ! claim2 7,e7 any pro( ( loss1 supplem5tal pro(s ( loss1 or any equival5t notices1 toge!r ) support+ docum5tation1 ) respect to ! claim2 & 7,f7 any docum5t relat+ to ! d5ial or p>tial d5ial ( ! claim4 7#b7 ,rule ( con/ruction ,no?+ 9 p>agraph 7#a7 may be con/ru$ to limit ! "r ( a policyhold] to receive a disclosure "u section #eeb;a ( title #e1 ,unit$ ,/ates ,code1 or any o!r provision ( law4 7c7 ,direct disclosure by ,write ,y\r ,own companies & direct s]vic+ ag5ts 7#a7 ,9 g5]al ,a ,write ,y\r ,own company or direct s]vic+ ag5t 9 possession ( any te*nical assi/ance report t is subject to disclosure "u subsection 7b7 may disclose su* te*nical assi/ance report )\t fur!r review or approval by ! ,adm9i/rator4 7#b7 ,affirmative notification ,a ,write ,y\r ,own company1 or any o!r entity s]vic+ a claim "u ! national flood insurance program1 %all1 n lat] ?an #cj days aft] ! date on :i* ! company or entity receives notice ( a claim1 notify ! claimant t ! claimant or an au?oriz$ repres5tative ( ! claimant may obta91 ^u reque/1 a copy ( any claim-relat$ docum5t describ$ 9 subsection 7b77#a7 t p]ta9s to ! claimant4 4 7c7 ,transmission ( report )\t approval 7#a7 ,def9ition ,9 ?is subsection1 ! t]m f9al eng9e]+ report means an eng9e]+ report1 survey1 or o!r docum5t 9 connection ) a claim = losses cov]$ by a policy = flood insurance cov]age made available "u ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djja et seq47 t-- 7,a7 is bas$ on an on-site inspection2 7,b7 conta9s f9al conclusions ) respect to an eng9e]+ issue or issues involv$ 9 ! claim2 & 7,c7 is sign$ by ! responsible 9 *>ge or affix$ ) ! seal ( ! responsible 9 *>ge1 or bo?4 7#b7 ,transmission ,a ,write ,y\r ,own company or a ,national ,flood ,insurance ,program direct s]vic] may1 )\t obta9+ fur!r review or approval by ! ,adm9i/rator1 transmit to a policyhold] a f9al eng9e]+ report 9 ! possession ( ! ,write ,y\r ,own company or ! direct s]vic] 9 connection ) a claim submitt$ by ! policyhold]4 #djg4 ,increas+ /atute ( limitations = lawsuits 7a7 ,gov]nm5t program ) indu/ry assi/ance ,section #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djgb7 is am5d$ to read z foll[s3 #acda4 ,adju/m5t & paym5t ( claims & judicial review 7a7 ,adju/m5t & paym5t ( claims ,if ! program is c>ri$ out z provid$ 9 section #acdj1 ! ,adm9i/rator may adju/ & make paym5t ( any claims = prov$ & approv$ losses cov]$ by flood insurance made available "u ?is title4 7b7 ,judicial review 7#a7 ,"r ( action ,^u ! d5ial or p>tial d5ial by ! ,adm9i/rator ( a claim describ$ 9 subsection 7a71 or ^u ! refusal ( a policyhold] to accept ! am\nt all[$ ^u a claim describ$ 9 t subsection1 ! policyhold] may in/itute an action aga9/ ! ,adm9i/rator on ! claim 9 ! ,unit$ ,/ates di/rict c\rt = ! di/rict 9 :i* ! insur$ prop]ty or ! major "p !re( %all h be5 situat$ if fil$ n lat] ?an #b ye>s aft] ! date on :i* ! policyhold] receives notice ( d5ial or p>tial d5ial ( ! claim4 7#b7 ,toll+ ,9 ! case ( a d5ial or p>tial d5ial ( a claim = losses t is appeal$ "u section #bje ( ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7#db ,u4,s4,c4 #djaa note71 includ+ ?r\gh arbitration reque/$ "u subsection 7e7 ( t section1 ! limitation to in/itute an action "u ?is subsection %all be toll$ until ! date on :i* ! policyhold] receives notice ( a f9al det]m9ation ( t appeal or arbitration d5y+ ! claim 9 :ole or 9 "p4 7#c7 ,jurisdiction ,a c\rt describ$ 9 p>agraph 7#a7 %all h orig9al exclusive jurisdiction to he> & det]m9e an action "u t p>agraph )\t reg>d to ! am\nt 9 controv]sy4 4 7b7 ,indu/ry program ) f$]al f9ancial assi/ance ,section #accc ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djec7 is am5d$ to read z foll[s3 #accc4 ,adju/m5t & paym5t ( claims & judicial review 7a7 ,adju/m5t & paym5t ( claims ,! insurance companies & o!r insur]s t =m1 associate1 or o!rwise jo9 toge!r 9 ! pool "u ?is "p may adju/ & pay all claims = prov$ & approv$ losses cov]$ by flood insurance 9 accordance ) ! provisions ( ?is title4 7b7 ,judicial review 7#a7 ,"r ( action ,^u ! d5ial or p>tial d5ial by any company or o!r insur] describ$ 9 subsection 7a7 ( a claim describ$ 9 t subsection1 or ^u ! refusal ( a policyhold] to accept ! am\nt all[$ ^u a claim describ$ 9 t subsection1 ! policyhold] may in/itute an action on ! claim aga9/ ! company or o!r insur]1 z applicable1 9 ! ,unit$ ,/ates di/rict c\rt = ! di/rict 9 :i* ! insur$ prop]ty or ! major "p !re( %all h be5 situat$ n lat] ?an #b ye>s aft] ! date on :i* ! policyhold] receives notice ( d5ial or p>tial d5ial ( ! claim4 7#b7 ,toll+ ,9 ! case ( a d5ial or p>tial d5ial ( a claim = losses t is appeal$ "u section #bje ( ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7#db ,u4,s4,c4 #djaa note71 includ+ ?r\gh arbitration reque/$ "u subsection 7e7 ( t section1 ! limitation to in/itute an action "u ?is subsection %all be toll$ until ! date on :i* ! policyhold] receives notice ( a f9al det]m9ation ( t appeal or arbitration d5y+ ! claim 9 :ole or 9 "p4 7#c7 ,jurisdiction ,a c\rt describ$ 9 p>agraph 7#a7 %all h orig9al exclusive jurisdiction to he> & det]m9e an action "u t p>agraph )\t reg>d to ! am\nt 9 controv]sy4 4 #djh4 ,au?ority to t]m9ate contractors & v5dors 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 ,def9ition ,9 ?is section1 ! 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 company4 7b7 ,t]m9ation 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ! ,adm9i/rator may direct a ,write ,y\r ,own company to t]m9ate a contract or o!r agreem5t betwe5 a cov]$ entity & ! ,write ,y\r ,own company if ! ,adm9i/rator-- 7,a7 det]m9es t ! cov]$ entity has engag$ 9 conduct t is detrim5tal to ! national flood insurance program2 & 7,b7 n lat] ?an #ad days be=e direct+ ! t]m9ation ( ! contract or o!r agreem5t1 provid$ notice to ! cov]$ entity & ! ,write ,y\r ,own company ) respect to ! t]m9ation4 7#b7 ,appeal ,! ,adm9i/rator %all e/abli% a process = a cov]$ entity to appeal ! 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 ) respect to :i* ! ,adm9i/rator directs t]m9ation "u p>agraph 7#a74 7#d7 ,contract t]ms ,! ,adm9i/rator %all require ea* ,write ,y\r ,own company to include a ref]5ce to ! au?ority ( ! ,adm9i/rator "u ?is section 9 any contract betwe5 a cov]$ entity & ! ,write ,y\r ,own company4 4 7b7 ,effective date2 applicability ,! am5dm5t made by subsection 7a7 %all apply to any contract or o!r agreem5t betwe5 a cov]$ entity1 z def9$ 9 section #acdi7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh1 z add$ by subsection 7a71 & a ,write ,y\r ,own company t is ent]$ into on or aft] ! date ( enactm5t ( ?is ,act4 #dji4 ,eas+ pro( ( loss requirem5ts ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by section #djf7;a71 is am5d$ by add+ at ! end ! foll[+3 7h7 ,pro( ( loss 7#a7 ,deadl9e = submission ( supplem5tal pro( ( loss ,if a policyhold] submits a pro( ( loss1 or an equival5t submission1 = a claim ) respect to a policy = flood insurance cov]age made available "u ?is title by ! deadl9e requir$ "u ! /&>d flood insurance policy1 ! ,adm9i/rator may n d5y paym5t = any supplem5tal pro( ( loss submitt$ = flood damage su/a9$ f ! same flood ev5t on ! basis t ! policyhold] fail$ to include ! flood damages on ! initial pro( ( loss4 7#b7 ,effect ( signature on pro( ( loss ,if a policyhold] ( a policy = flood insurance cov]age made available "u ?is title signs an initial or supplem5tal pro( ( loss describ$ 9 p>agraph 7#a71 t act ( sign+ may n preclude ! policyhold] f mak+ supplem5tal claims to1 or o!rwise am5d+1 ! initial pro( ( loss4 7i7 ,no condition ( paym5t ,not)/&+ any o!r provision ( law1 or any t]m or condition ( a /&>d flood insurance policy1 ! ,adm9i/rator may n condition paym5t ( an undisput$ claim bas$ on ! submission ( a sign$ & sworn to pro( ( loss4 4 #daj4 ,deadl9e = claim process+ 7a7 ,9 g5]al ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by section #dji1 is am5d$ by add+ at ! end ! foll[+3 7j7 ,deadl9e = approval ( claims 7#a7 ,9 g5]al ,! ,adm9i/rator %all provide t1 9 ! case ( a claim = damage to or loss ( prop]ty t is cov]$ by a policy = flood insurance made available "u ?is title-- 7,a7 except z provid$ 9 p>agraph 7#b71 n lat] ?an #fj days aft] ! date on :i* a pro( ( loss or comp>able submission is provid$ to ! ,adm9i/rator-- 7i7 an initial det]m9ation reg>d+ approval ( ! claim = paym5t or disapproval ( ! claim %all be made2 & 7ii7 notification ( ! det]m9ation describ$ 9 clause 7i7 %all be provid$ to ! policyhold] mak+ ! claim2 & 7,b7 paym5t ( an approv$ claim %all be made z soon z possible aft] t approval4 7#b7 ,ext5sion ( deadl9e ,! ,adm9i/rator %all-- 7,a7 provide t ! p]iod describ$ 9 p>agraph 7#a77;,a7 may be ext5d$ by an additional p]iod ( #cj days "u extraord9>y circum/ances2 & 7,b7 by regulation-- 7i7 e/abli% crit]ia =-- 7,i7 demon/rat+ ! extraord9>y circum/ances describ$ 9 subp>agraph 7,a72 & 7,,ii7 det]m9+ to :i* claims ! extraord9>y circum/ances describ$ 9 subp>agraph 7,a7 apply2 & 7ii7 provide t1 if ! deadl9e impos$ "u p>agraph 7#a77;,a71 z ext5d$ "u subp>agraph 7,a71 if applicable1 is n satisfi$1 ! am\nt ( ! claim to :i* ! deadl9e relates %all be increas$ ) int]e/1 :i* %all beg9 accru+ on ! date on :i* ! initial claim is fil$4 4 7b7 ,applicability ,! am5dm5t made by subsection 7a7 %all apply to any claim = damage to or loss ( prop]ty t is cov]$ by a policy = flood insurance made available "u ! ,national ,flood ,insurance ,program t is made aft] ! date ( enactm5t ( ?is ,act4 #daa4 ,no manipulation ( eng9e] reports ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by section #daj7;a71 is am5d$ by add+ at ! end ! foll[+3 7k7 ,f9al eng9e]+ reports 7#a7 ,def9itions ,9 ?is subsection-- 7,a7 ! t]m cov]$ claim means any claim = losses cov]$ by a policy = flood insurance cov]age made available "u ?is title2 & 7,b7 ! t]m f9al eng9e]+ report means an eng9e]+ report1 survey1 or o!r docum5t 9 connection ) a cov]$ claim t-- 7i7 is bas$ on an on-site inspection2 7ii7 conta9s f9al conclusions ) respect to an eng9e]+ issue or issues involv$ 9 ! claim2 & 7iii7 is sign$ by ! responsible 9 *>ge or affix$ ) ! seal ( ! responsible 9 *>ge1 or bo?4 7#b7 ,prohibition on manipulation & transmission to ?ird p>ties ,! ,adm9i/rator %all require t1 9 ! case ( any on-site inspection ( a prop]ty by an eng9e] = ! purpose ( assess+ any cov]$ claim1 ! f9al eng9e]+ report-- 7,a7 may n-- 7i7 include alt]ations by1 or at ! reque/ (1 anyone o!r ?an ! p]son responsible = ! report2 or 7ii7 be transmitt$ to any o!r p]son be=e ! f9al eng9e]+ report is transmitt$ to ! policyhold] :o submitt$ ! cov]$ claim2 & 7,b7 %all include a c]tification1 sign$ by ! p]son responsible = ! f9al eng9e]+ report1 t ! f9al eng9e]+ report does n conta9 any alt]ations describ$ 9 subp>agraph 7,a74 4 #dab4 ,improv$ tra9+ ( floodpla9 manag]s1 ag5ts1 & adju/]s 7a7 ,local floodpla9 manag]s ,ea* regional (fice ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy %all-- 7#a7 provide tra9+ to local floodpla9 manag]s1 ag5ts1 & claim adju/]s 9 ! region reg>d+ ! responsibilities & proc$ures ( local floodpla9 manag]s ) respect to conduct+ sub/antial damage & sub/antial improvem5t det]m9ations2 7#b7 "w ) applicable ,/ate ag5cies to provide ! tra9+ describ$ 9 p>agraph 7#a72 & 7#c7 v]ify t ! individuals describ$ 9 p>agraph 7#a7 are complet+ ! tra9+ describ$ 9 t p>agraph4 7b7 ,major disa/] tra9+ ,aft] a flood t is decl>$ a major disa/] by ! ,presid5t "u section #dja ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eagj71 ! ,adm9i/rator %all1 if det]m9$ appropriate1 provide-- 7#a7 refre%] tra9+ to prep>e insurance claims adju/]s = ! unique circum/ances ( ! major disa/]2 & 7#b7 any brief+s t are necess>y to prep>e & in=m floodpla9 manag]s1 ag5ts1 & claim adju/]s reg>d+ any atypical circum/ances & issues aris+ f ! natural disa/]4 #dac4 ,attorney fee %ift+ 7a7 ,adm9i/rative appeals ,subsection 7d7 ( section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z add$ by section #dja7;a77#a71 is am5d$ by add+ at ! end ! foll[+3 7#e7 ,aw>ds = co/s 9 adm9i/rative proce$+s 7,a7 ,9 g5]al ,if ! claimant prevails 9 any appeal to ! ,adm9i/rator ( ! disall[ance or p>tial disall[ance ( a claim = losses cov]$ by flood insurance made available "u ?is title1 ! ,adm9i/rator %all aw>d co/s ( ! appeal1 includ+ attorney fees1 any proce$+ exp5ses1 & eng9e]+ & o!r exp]t exp5ses1 to ! claimant4 7,b7 ,def9ition ,= purposes ( ?is p>agraph1 ! t]m prevail means to be aw>d$ a great] am\nt by ! ,adm9i/rator ?an ! am\nt ( ! la/1 be/ (f] f ! ,adm9i/rator ) respect to ! claim ( ! claimant4 4 7b7 ,judicial review 7#a7 ,gov]nm5t program ) indu/ry assi/ance ,subsection 7b7 ( section #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djgb71 z add$ by section #djg7;a71 is am5d$ by add+ at ! end ! foll[+3 7#d7 ,attorney fees & o!r litigation co/s 7,a7 ,9 g5]al ,if ! claimant prevails 9 an action "u ?is subsection1 ! c\rt %all aw>d reasonable co/s ( litigation1 includ+ attorney fees1 litigation exp5ses1 & eng9e]+ & o!r exp]t exp5ses1 to ! claimant4 7,b7 ,subrogation ,any aw>d "u subp>agraph 7,a7 %all be paid by ! ,adm9i/rator &1 ^u su* paym5t1 ! ,adm9i/rator %all be subrogat$ to ! rights ( ! claimant to recov] su* co/s = :i* ! ,adm9i/rator has comp5sat$ ! claimant f any insurance company or o!r insur] or insurance adju/m5t organization t may be responsible = ! disall[ance or p>tial disall[ance ( ! claim4 7,c7 ,def9ition ,= purposes ( ?is p>agraph1 ! t]m prevail means to be aw>d$ a great] am\nt by ! c\rt ?an ! am\nt ( ! la/1 be/ (f] f ! ,adm9i/rator ) respect to ! claim ( ! claimant4 4 7#b7 ,indu/ry program ) ,f$]al f9ancial assi/ance ,subsection 7b7 ( section #accc ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djec71 z am5d$ by section #djg7;b71 is am5d$ by add+ at ! end ! foll[+3 7#d7 ,attorney fees & o!r litigation co/s 7,a7 ,9 g5]al ,if ! claimant prevails 9 an action "u ?is subsection1 ! c\rt %all aw>d reasonable co/s ( litigation1 includ+ attorney fees1 litigation exp5ses1 & eng9e]+ & o!r exp]t exp5ses1 to ! claimant4 7,b7 ,subrogation ,any aw>d "u subp>agraph 7,a7 %all be paid by ! ,adm9i/rator &1 ^u su* paym5t1 ! ,adm9i/rator %all be subrogat$ to ! rights ( ! claimant to recov] su* co/s = :i* ! ,adm9i/rator has comp5sat$ ! claimant f any company or o!r insur] responsible = ! disall[ance or p>tial disall[ance ( ! claim4 7,c7 ,def9ition ,= purposes ( ?is p>agraph1 ! t]m prevail means to be aw>d$ a great] am\nt by ! c\rt ?an ! am\nt ( ! la/1 be/ (f] f ! insur] or ,adm9i/rator ) respect to ! claim ( ! claimant4 4 #dad4 ,,doj def5se aga9/ policyhold] lawsuits ,subsection 7b7 ( section #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djgb71 z am5d$ by section #dac7;b77#a71 is am5d$ by add+ at ! end ! foll[+3 7#e7 ,repres5tation by ,dep>tm5t ( ,ju/ice ,if a claimant in/itutes an action "u ?is subsection-- 7,a7 ! ,adm9i/rator %all ref] ! matt] to ! ,attorney ,g5]al2 & 7,b7 ! ,attorney ,g5]al-- 7i7 %all repres5t ! ,adm9i/rator or ! ,write ,y\r ,own company1 z applicable1 9 ! action2 & 7ii7 may n seek to h ! c\rt dismiss an action ) pot5tially m]itori\s claims bas$ on good fai? errors or omissions by ! claimant 9 ! claimant's pro( ( loss4 4 #dae4 ,pilot program = pre-exi/+ /ructural conditions 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m cov]$ prop]ty means a prop]ty t is or may be cov]$ by flood insurance "u ! ,national ,flood ,insurance ,program2 & 7#b7 ! t]m cov]$ policyhold] means a policyhold] or pot5tial policyhold] ( flood insurance "u ! ,national ,flood ,insurance ,program = a cov]$ prop]ty4 7b7 ,pilot program ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all e/abli% a pilot program "u :i* ,write ,y\r ,own companies & ,national ,flood ,insurance ,program direct s]vic]s %all1 at ! reque/ ( a cov]$ policyhold] & be=e provid+ or r5ew+ insurance cov]age ) respect to a cov]$ prop]ty "u ! ,national ,flood ,insurance ,program1 inve/igate ! pre-exi/+ /ructural condition ( ! cov]$ prop]ty = any issues t c\ld result 9 ! d5ial ( a claim "u ! ,national ,flood ,insurance ,program = damage to or loss ( ! cov]$ prop]ty4 #daf4 ,ag5t ,advisory ,c\ncil ,"p ,c ( *apt] ,,ii ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djha et seq471 z am5d$ by section #djh1 is am5d$ by add+ at ! end ! foll[+3 #acej4 ,ag5t ,advisory ,c\ncil 7a7 ,e/abli%m5t ,!re is e/abli%$ a c\ncil to be kn[n z ! ,ag5t ,advisory ,c\ncil 79 ?is section ref]r$ to z ! ,c\ncil74 7b7 ,memb]%ip 7#a7 ,memb]s ,! ,c\ncil %all consi/ (-- 7,a7 ! ,adm9i/rator1 or ! designee ( ! ,adm9i/rator2 & 7,b7 #aj additional memb]s appo9t$ by ! ,adm9i/rator or ! designee ( ! ,adm9i/rator1 ( :om-- 7i7 #a %all be a memb] ( ! ,national ,association ( ,insurance ,commission]s2 7ii7 #b %all be memb]s ( ! ,indep5d5t ,insurance ,ag5ts & ,brok]s ( ,am]ica2 7iii7 #a %all be a memb] ( ,unit$ ,policyhold]s2 7iv7 #a %all be a repres5tative ( ! ,em]g5cy ,managem5t ,in/itute ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy2 7v7 #a %all be a repres5tative ( ! ,(fice ( ! ,flood ,insurance ,advocate ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy2 7vi7 #b %all be memb]s ( ! ,national ,association ( ,pr(essional ,insurance ,ag5ts2 7vii7 #a %all be a repres5tative ( a recogniz$ pr(essional association or organization repres5t+ homebuild]s or l& develop]s2 & 7viii7 #a %all be a repres5tative ( a recogniz$ pr(essional association or organization repres5t+ ! real e/ate indu/ry4 7#b7 ,qualifications 7,a7 ,9 g5]al ,ea* memb] ( ! ,c\ncil %all h exp]i5ce )-- 7i7 contact+ policyhold]s "u ! national flood insurance program1 includ+ ) respect to apply+ = flood insurance & process+ a claim = damage to or loss ( prop]ty t is cov]$ by flood insurance2 & 7ii7 riv]9e & coa/al flood insurance policies4 7,b7 ,consid]ations ,! ,adm9i/rator %all1 to ! maximum ext5t practicable1 ensure t ! memb]%ip ( ! ,c\ncil has a balance ( gov]nm5tal & private memb]s1 & includes geographic div]sity4 7,c7 ,conflicts ( int]e/ ,a memb] ( ! ,c\ncil-- 7i7 may n1 :ile s]v+ on ! ,c\ncil1 be employ$ or reta9$-- 7,i7 by a ,f$]al ,em]g5cy ,managem5t ,ag5cy contractor or consultant2 or 7,,ii7 by a nongov]nm5tal entity t 0 aw>d$ a ,f$]al grant dur+ ! #e-ye> p]iod prec$+ ! date on :i* ! memb] 0 appo9t$ to ! ,c\ncil2 & 7ii7 may n h be5 employ$ by a ,f$]al ,em]g5cy ,managem5t ,ag5cy contractor or consultant dur+ ! #e-ye> p]iod prec$+ ! date on :i* ! memb] 0 appo9t$ to ! ,c\ncil4 7#c7 ,consultation ,9 appo9t+ a memb] ( ! ,c\ncil f an entity describ$ 9 clauses 7i7 ?r\gh 7viii7 ( p>agraph 7#a77;,b71 ! ,adm9i/rator or ! designee ( ! ,adm9i/rator1 z applicable1 %all consult ) ! entity4 7#d7 ,*airp]son ,! memb]s ( ! ,c\ncil %all elect #a memb] to s]ve z ! *airp]son ( ! ,c\ncil 79 ?is section ref]r$ to z ! ,*airp]son74 7c7 ,duties ,! ,c\ncil %all-- 7#a7 provide recomm5dations to ! ,adm9i/rator on-- 7,a7 improv+ ! cu/om] exp]i5ce = policyhold]s "u ! national flood insurance program2 7,b7 tra9+ insurance ag5ts t issue flood insurance policies2 & 7,c7 improv+ ! process+ & h&l+ ( claims = damage to or loss ( prop]ty t is cov]$ by flood insurance2 & 7#b7 submit to ! ,adm9i/rator an annual report t includes-- 7,a7 a description ( ! activities ( ! ,c\ncil2 & 7,b7 a summ>y ( recomm5dations made by ! ,c\ncil to ! ,adm9i/rator4 7d7 ,comp5sation 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 a memb] ( ! ,c\ncil %all receive no additional comp5sation = s]v+ on ! ,c\ncil4 7#b7 ,travel exp5ses ,ea* memb] ( ! ,c\ncil may be all[$ travel exp5ses1 includ+ p] diem 9 lieu ( subsi/5ce1 9 accordance ) sections #egjb & #egjc ( title #e1 ,unit$ ,/ates ,code1 :ile away f _! homes or regul> places ( bus9ess 9 p]=mance ( s]vices = ! ,c\ncil4 7e7 ,meet+s & actions 7#a7 ,meet+s 7,a7 ,9 g5]al ,! ,c\ncil %all meet n less frequ5tly ?an twice ea* ye> at ! reque/ ( ! ,*airp]son or a majority ( ! memb]s ( ! ,c\ncil4 7,b7 ,initial meet+ ,! ,adm9i/rator1 or a designee ( ! ,adm9i/rator1 %all reque/ & coord9ate ! initial meet+ ( ! ,c\ncil4 7#b7 ,action by majority vote ,! ,c\ncil may take action by a vote ( ! majority ( ! memb]s4 7f7 ,(fic]s ,! ,*airp]son may appo9t (fic]s to assi/ 9 c>ry+ out ! duties ( ! ,c\ncil "u subsection 7c74 7g7 ,/aff ,^u ! reque/ ( ! ,*airp]son1 ! ,adm9i/rator may detail1 on a nonreimbursable basis1 p]sonnel ( ! ,(fice ( ! ,flood ,insurance ,advocate ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy to assi/ ! ,c\ncil 9 c>ry+ out ! duties ( ! ,c\ncil4 7h7 ,p[]s ,9 c>ry+ out ?is section1 ! ,c\ncil may hold he>+s1 receive evid5ce & assi/ance1 provide in=mation1 & conduct rese>* z ! ,c\ncil consid]s appropriate4 7i7 ,report to ,congress & ,,omb ,! ,adm9i/rator %all submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 & ! ,director ( ! ,(fice ( ,managem5t & ,budget an annual report on-- 7#a7 ! recomm5dations made by ! ,c\ncil2 & 7#b7 any recomm5dations made by ! ,c\ncil dur+ ! ye> cov]$ by ! report t1 z ( ! date on :i* ! report is submitt$1 h be5 def]r$ or n act$ ^u1 toge!r ) an explanatory /atem5t ) respect to ^? recomm5dations4 7j7 ,applicability ( ! ,f$]al ,advisory ,committee ,act ,section #ad ( ! ,f$]al ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app47 %all n apply to ! ,c\ncil4 4 #dag4 ,disclosure ( flood risk in=mation ^u transf] ( prop]ty 7a7 ,9 g5]al ,*apt] ,i ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa et seq471 z am5d$ by section #bjg1 is am5d$ by add+ at ! end ! foll[+3 #acbh4 ,disclosure ( flood risk in=mation ^u transf] ( prop]ty 7a7 ,9 g5]al ,aft] ,septemb] #cj1 #bjbb1 no new flood insurance cov]age may be provid$ "u ?is title = any real prop]ty unless an appropriate public body has impos$1 by /atute or regulation1 a duty on any sell] or lessor ( improv$ real e/ate to provide to any pur*as] or lessee 7) respect to a lease = a t]m t is n %ort] ?an #cj days7 ( ! prop]ty a prop]ty flood haz>d disclosure t ! ,adm9i/rator has det]m9$ meets ! requirem5ts ( subsection 7b74 7b7 ,disclosure requirem5ts 7#a7 ,requirem5ts = sell]s ,a prop]ty flood haz>d disclosure = ! sale ( a prop]ty %all meet ! requirem5ts ( ?is subsection only if ! disclosure-- 7,a7 is made 9 writ+2 7,b7 discloses any actual k ( ! sell] ( any-- 7i7 prior physical damage caus$ by flood to a /ructure locat$ on ! prop]ty2 7ii7 prior insurance claim = a loss cov]$ "u ! national flood insurance program or private flood insurance ) respect to ! prop]ty2 7iii7 previ\s notification reg>d+ ! designation ( ! prop]ty z a repetitive loss /ructure or sev]e repetitive loss /ructure 7z def9$ 9 section #acff7;h772 & 7iv7 ,f$]al legal obligation to obta9 & ma9ta9 flood insurance runn+ ) ! prop]ty2 & 7,c7 is deliv]$ by1 or on behalf (1 ! sell] to ! pur*as] be=e ! pur*as] becomes obligat$ "u any contract to pur*ase ! prop]ty4 7#b7 ,requirem5ts = lessors ,a prop]ty flood haz>d disclosure = a r5tal prop]ty ) a lease = a t]m t is n %ort] ?an #cj days %all meet ! requirem5ts ( ?is subsection only if ! disclosure-- 7,a7 is made 9 writ+2 7,b7 discloses any actual k ( ! lessor-- 7i7 ( any ,f$]al legal obligation to obta9 & ma9ta9 flood insurance runn+ ) ! prop]ty2 7ii7 reg>d+ any prior physical damage caus$ by flood ) respect to ! unit be+ leas$2 & 7iii7 ( ! availability ( cov]age "u ?is title = cont5ts locat$ 9 a /ructure on ! prop]ty2 & 7,c7 is deliv]$ by1 or on behalf (1 ! lessor to ! lessee be=e ! lessee becomes obligat$ "u any contract to lease ! prop]ty4 7#c7 ,rule ( con/ruction ,no?+ 9 ?is section may be con/ru$ z prev5t+ a ,/ate f adopt+ disclosure requirem5ts 9 addition to ! requirem5ts ( ?is section4 4 7b7 ,availability ( flood insurance cov]age ,section #acje7;c7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djab7;c77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ 1 & at ! end & ins]t+ a semicolon2 7#b7 9 p>agraph 7#b71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+3 7#c7 giv5 satisfactory assurance t1 n lat] ?an ,octob] #a1 #bjbb1 prop]ty flood haz>d disclosure requirem5ts w h be5 adopt$ = ! area 7or subdivision7 t meet ! requirem5ts ( section #acbh4 4