,,ii  #aag? ,,congress  #a/ ,session    
,s4 #bidg  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,octob] #f1 #bjba,mr4  
,rubio introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to require ! ,secret>y ( ,h\s+ 
& ,urban ,developm5t to provide a       
disclosure notice to homebuy]s (        
prop]ties own$ by ! ,dep>tm5t ( ,h\s+ & 
,urban ,developm5t t are locat$ 9       
special flood haz>d areas1 & = o!r      
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,flood ,risk ,transp>5cy = 
,homebuy]s ,act4  #b4 ,def9itions ,9 ?is
 ,act3 7#a7 ,adm9i/rator ,! t]m         
,adm9i/rator means ! ,adm9i/rator ( !   
,f$]al ,em]g5cy ,managem5t ,ag5cy4  7#b7
 ,cov]$ prop]ty ,! t]m cov]$ prop]ty    
means a #a-to-#d unit resid5tial        
prop]ty-- 7,a7 acquir$ by ! ,dep>tm5t z 
a result ( a =eclosure action on a      
mortgage insur$ by ! ,f$]al ,h\s+       
,adm9i/ration "u title ,,ii ( !         
,national ,h\s+ ,act 7#ab ,u4,s4,c4     

#agjg et seq472 &  7,b7 locat$ 9 a      
special flood haz>d area accord+ to a   
flood haz>d b\nd>y map or flood         
insurance rate map issu$ by !           
,adm9i/ration4  7#c7 ,dep>tm5t ,! t]m   
,dep>tm5t means ! ,dep>tm5t ( ,h\s+ &   
,urban ,developm5t4  7#d7 ,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#e7         
,secret>y ,! t]m ,secret>y means !      
,secret>y ( ,h\s+ & ,urban ,developm5t4 
7#f7 ,sev]e repetitive loss prop]ty ,!  
t]m sev]e repetitive loss prop]ty has ! 
mean+ giv5 ! t]m 9 section #acjg7;h7 ( !
 ,national ,flood ,insurance ,act (     
#aifh 7#db ,u4,s4,c4 #djad7;h774  #c4   
,requirem5t to provide disclosure to    
homebuy]s ( prop]ties locat$ 9 special  
flood haz>d areas  7a7 ,9 g5]al ,:5 li/+
 a cov]$ prop]ty = sale by ! ,dep>tm5t1 
! ,secret>y %all provide a disclosure   
notice t includes-- 7#a7 ! e/imat$      

mon?ly co/ ( insurance = ! cov]$ prop]ty
 "u ! ,national ,flood ,insurance       
,program = ! zip code 9 :i* ! cov]$     
prop]ty is locat$2 &  7#b7 :e!r ! cov]$ 
prop]ty is a sev]e repetitive loss      
prop]ty4  7b7 ,annual report ,n lat] ?an
 #a ye> aft] ! date ( enactm5t ( ?is    
,act1 & annually !reaft]1 ! ,secret>y & 
! ,adm9i/rator %all submit to ,congress 
a jo9t report on cov]$ prop]ties sold by
 ! ,dep>tm5t = :i* claims 7 fil$ "u !   
,national ,flood ,insurance ,program    
dur+ ! ye> cov]$ by ! report1 includ+   
:e!r ! cov]$ prop]ty is a sev]e         
repetitive loss prop]ty4