,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #gbba  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,m>* #bd1 #bjbb,mr4   
,rice ( ,s\? ,c>ol9a 7= himself & ,mr4  
,vic5te ,gonzalez ( ,texas7 introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to increase cov]age "u !       
,national ,flood ,insurance ,program =  
co/s ( compliance1 & = o!r purposes4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,increas$ ,co/ ( ,compliance          
,mod]nization ,act ( #bjbb4  #b4        
,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#d7 z subp>agraphs 7,a7    
?r\gh 7,d71 respectively1 & adju/+ !    
m>g9s accord+ly2  7#c7 by /rik+ 7b7     
,additional cov]age = compliance ) l&   

use & control measures4--,! national &  
ins]t+ ! foll[+3  7b7 ,additional       
cov]age = compliance ) l& use & control 
measures  7#a7 ,9 g5]al ,! national  2  
7#d7 by /rik+ ! la/ s5t5ce 7relat+ to   
sur*>ge72 &  7#e7 by add+ at ! end !    
foll[+3  7#b7 ,cov]age am\nts  7,a7     
,basic cov]age ,unless a policyhold]    
*ooses additional cov]age pursuant to   
subp>agraph 7,b71 ! ,adm9i/rator %all   
make available cov]age provid$ "u       
p>agraph 7#a7 9 an am\nt equal to #bj   
p]c5t ( ! maximum am\nt ( flood         
insurance cov]age all[able "u section   
#acjf7;b77#b7 7#db ,u4,s4,c4            
#djac7;b77#b77 ) respect to a resid5tial
 build+ describ$ 9 su* section4  7,b7   
,additional cov]age ,! ,adm9i/rator may 
(f]1 & a policyhold] may *oose to       
pur*ase = an additional premium1 cov]age
 provid$ "u p>agraph 7#a7 9 an am\nt    
great] ?an t (f]$ pursuant to           
subp>agraph 7,a71 b n exce$+ an am\nt   
equal to #dj p]c5t ( ! maximum am\nt (  
flood insurance cov]age all[able "u     

section #acjf7;b77#b7 7#db ,u4,s4,c4    
#djac7;b77#b77 ) respect to a resid5tial
 build+ describ$ 9 su* section4  7,c7   
,treatm5t ( cov]age limits ,any am\nt ( 
cov]age = a prop]ty provid$ 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 ( id5tify+ prop]ties ) multiple
 losses4  7#c7 ,premiums ,! ,adm9i/rator
 %all *>ge risk premium rates = cov]age 
made available pursuant to ?is          
subsection 9 accordance ) section       
#acjg7;a77#a74  7#d7 ,assignm5t (       
cov]age = mitigation grant co/ %>e      
requirem5t  7,a7 ,9 g5]al ,a policyhold]
 may assign ! rights or b5efits ( !     
cov]age made available "u ?is subsection
 to a gov]nm5tal entity = ! purposes (  
us+ paym5ts made = a claim aga9/ cov]age
 made available "u ?is subsection to    
satisfy a requir$ non-,f$]al            
contribution = a flood-relat$ mitigation

 project fund$ by a mitigation assi/ance
 program describ$ 9 clause 7i71 7ii71 or
 7iii7 ( p>agraph 7#a77;,d74  7,b7      
,eligible exp5ses ,if a policyhold]     
assigns rights or b5efits ( cov]age     
pursuant to subp>agraph 7,a71 a requir$ 
non-,f$]al contribution = a flood-relat$
 mitigation project fund$ by a          
mitigation assi/ance program describ$ 9 
clause 7i71 7ii7 or 7iii7 ( p>agraph    
7#a77;,d7 %all be an eligible exp5se =  
cov]age made available "u ?is           
subsection4  7,c7 ,t]ms & conditions ,! 
,adm9i/rator may adopt proc$ures =      
assign+ rights or b5efits ( cov]age     
pursuant to subp>agraph 7,a74  7#e7     
,implem5tation ,not)/&+ any o!r         
provision ( law1 ! ,adm9i/rator may     
implem5t ?is subsection by adopt+ "o or 
m /&>d endorsem5ts to ! ,/&>d ,flood    
,insurance ,policy by publication ( su* 
/&>ds endorsem5t 9 ! ,f$]al ,regi/] or  
by comp>able means4  4