,,ii #aah? ,,congress #a/ ,session ,s4 #badb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #bb1 #bjbc,mr4 ,m55dez 7= himself1 ,mr4 ,cassidy1 ,mr4 ,book]1 ,mr4 ,k5n$y1 ,mr4 ,van ,holl51 ,mrs4 ,hyde-,smi?1 ,mrs4 ,gillibr&1 ,mr4 ,wick]1 & ,mr4 ,rubio7 introduc$ ! 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 ( #bjbc4 #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 & affordability,sec4 #aja4 ,reau?orization4,sec4 #ajb4 ,cap on annual premium increases4,sec4 #ajc4 ,t>get$ means-te/$ assi/ance4,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,sec4 #aji4 ,national ,flood ,insurance ,act def9itions reg>d+ ! ,write ,y\r ,own ,program4,,title ,,ii--,mitigation & mapping,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 ,appeals4,sec4 #baj4 ,levee-protect$ areas4,sec4 #baa4 ,community-wide flood mitigation activities4,sec4 #bab4 ,premium calculator4,sec4 #bac4 ,consid]ation ( mitigation projects 9 flood insurance premium rates4,,title ,,iii--,solvency,sec4 #cja4 ,=be>ance on ,,nfip int]e/ paym5ts4,sec4 #cjb4 ,cap on ,write ,y\r ,own company comp5sation4,sec4 #cjc4 ,?ird-p>ty s]vice provid] co/s2 transp>5cy4,sec4 #cjd4 ,availability ( ,,nfip claims data4,sec4 #cje4 ,refusal ( mitigation assi/ance4,sec4 #cjf4 ,multiple /ructure mitigation4,,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$iation & policyhold] duties4,sec4 #djd4 ,appeal ( decisions relat+ to flood insurance cov]age4,sec4 #dje4 ,acc\ntability = und]paym5ts & ov]paym5ts by ,write ,y\r ,own companies4,sec4 #djf4 ,policyhold]s' "r to "k4,sec4 #djg4 ,t]m9ation ( c]ta9 contracts "u ! ,national ,flood ,insurance ,program4,sec4 #djh4 ,deadl9e = claim process+4,sec4 #dji4 ,no manipulation ( eng9e] reports4,sec4 #daj4 ,improv$ tra9+ ( floodpla9 manag]s1 ag5ts1 & adju/]s4,sec4 #daa4 ,flood insurance cont9u+ education & tra9+4,sec4 #dab4 ,%ift+ ( attorney fees & o!r exp5ses4,sec4 #dac4 ,,doj def5se aga9/ policyhold] lawsuits4,sec4 #dad4 ,re=m+ use ( pro( ( loss =ms4,sec4 #dae4 ,ag5t ,advisory ,c\ncil4,sec4 #daf4 ,disclosure ( flood risk in=mation prior to transf] ( prop]ty4,sec4 #dag4 ,grace p]iod = r5ewal ( cov]age at r5ewal (f] rate4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy4 7#b7 ,national ,flood ,insurance ,program ,! t]m ,national ,flood ,insurance ,program means ! program e/abli%$ "u ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djja et seq474 7#c7 ,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#d7 ,write ,y\r ,own ,company ,! t]m ,write ,y\r ,own ,company has ! mean+ giv5 ! t]m 9 section #acgj7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #daba7;a771 z am5d$ by section #aji ( ?is ,act4 ,i ,reau?orization & af=dability #aja4 ,reau?orization 7a7 ,9 g5]al 7#a7 ,f9anc+ ,section #acji7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaf7;a77 is am5d$ by /rik+ ,septemb] #cj1 #bjbc & ins]t+ ,septemb] #cj1 #bjbh4 7#b7 ,program expiration ,section #acai ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djbf7 is am5d$ by /rik+ ,septemb] #cj1 #bjbc & ins]t+ ,septemb] #cj1 #bjbh4 7#c7 ,retroactive effective date ,if ?is ,act is enact$ aft] ,septemb] #cj1 #bjbc1 ! am5dm5ts made by p>agraphs 7#a7 & 7#b7 %all take effect z if enact$ on ,septemb] #cj1 #bjbc4 7b7 ,cont9u$ op]ation dur+ lapse ( appropriations ,section #acaj7;f7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djag7;f77 is am5d$-- 7#a7 by ins]t+ 7#a7 aft] 7f72 & 7#b7 by add+ at ! end ! foll[+3 7#b7 7,a7 ,9 ?is p>agraph1 ! t]m p]iod ( a lapse 9 appropriations f ! ,fund means a p]iod1 on or aft] ! fir/ day ( a fiscal ye>1 dur+ :i* an appropriation ,act = ! fiscal ye> ) respect to ! ,fund has n be5 enact$ & cont9u+ appropriations are n 9 effect = ! fiscal ye> ) respect to ! ,fund4 7,b7 ,not)/&+ p>agraph 7#a71 dur+ a p]iod ( a lapse 9 appropriations f ! ,fund1 am\nts 9 ! ,fund n o!rwise appropriat$ %all be available to ! ,adm9i/rator to c>ry out ! flood insurance program "u ?is title1 subject to ! same t]ms & conditions 7except ) respect to ! p]iod ( availability71 & 9 an am\nt n great] ?an ! rate = op]ations1 provid$ = ! ,fund 9 ! mo/ rec5tly enact$ regul> or cont9u+ appropriation ,act4 7,c7 ,am\nts 9 ! ,fund %all be available "u subp>agraph 7,b7 = a fiscal ye> dur+ ! p]iod beg9n+ on ! fir/ day ( a p]iod ( a lapse 9 appropriations f ! ,fund dur+ ! fiscal ye> & end+ on ! date on :i* ! regul> appropriation ,act = ! fiscal ye> ) respect to ! ,fund is enact$ 7:e!r or n su* law makes am\nts available f ! ,fund7 or a law mak+ cont9u+ appropriations ) respect to ! ,fund is enact$1 z ! case may be4 7,d7 ,exp5ditures & obligations made "u ?is p>agraph %all be *>g$ to ! am\nts made available f ! ,fund "u ! regul> appropriation ,act1 or law mak+ cont9u+ appropriations1 ) respect to ! ,fund t is enact$ = ! applicable fiscal ye>4 4 #ajb4 ,cap on annual premium increases 7a7 ,def9ition ,9 ?is section1 ! t]m cov]$ co/-- 7#a7 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 subp>agraph 7,a7 7o!r ?an a sur*>ge impos$ "u section #acjd7;b7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa7;b7771 includ+ a sur*>ge impos$ "u section #acjh;,a7a7 ( t ,act 7#db ,u4,s4,c4 #djae;a7a771 z am5d$ by ?is ,act2 & 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;a772 & 7#b7 does n include any co/ associat$ ) ! pur*ase ( insurance "u section #acjd7;b7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa7;b771 z am5d$ by ?is ,act1 includ+ any sur*>ge t relates to insurance pur*as$ "u su* section #acjd7;b74 7b7 ,limitation on increases 7#a7 ,limitation 7,a7 ,9 g5]al ,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 z am5d$ by ?is ,act1 & subject to subp>agraph 7,b71 ! ,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>1 except :]e ! increase 9 ! cov]$ co/ relates to an exception "u p>agraph 7#a77;,c77iii7 ( su* section #acjh7;e74 7,b7 ,decrease ( am\nt ( d$uctible or increase 9 am\nt ( cov]age ,9 ! case ( a policyhold] describ$ 9 section #acjh7;e77#a77;,c77ii7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7;e77#a77;,c77ii771 z am5d$ by ?is ,act1 ! ,adm9i/rator %all e/abli% a process by :i* ! ,adm9i/rator det]m9es an increase 9 cov]$ co/s = ! policyhold] t is-- 7i7 proportional to ! relative *ange 9 risk bas$ on ! action tak5 by ! policyhold]2 & 7ii7 9 compliance ) subp>agraph 7,a74 7#b7 ,new rat+ sy/ems 7,a7 ,classification ,) respect to a prop]ty1 ! limitation "u p>agraph 7#a7 %all rema9 9 effect = ea* ye> until ! cov]$ co/s ) respect to ! prop]ty reflect full actu>ial rates1 )\t reg>d to :e!r1 at any "t until ! ye> 9 :i* ^? cov]$ co/s reflect full actu>ial rates1 ! prop]ty is rat$ or classifi$ "u ! ,risk ,rat+ #b4j me?odology 7or any sub/antially simil> me?odology74 7,b7 ,new policyhold] ,if a prop]ty to :i* ! limitation "u p>agraph 7#a7 applies is sold be=e ! cov]$ co/s = ! prop]ty reflect full actu>ial rates det]m9$ "u ! ,risk ,rat+ #b4j me?odology 7or any sub/antially simil> me?odology71 t limitation %all rema9 9 effect = ea* ye> until ! ye> 9 :i* ^? full actu>ial rates take effect4 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 ,t>get$ means-te/$ assi/ance 7a7 ,means-,te/$ program 7#a7 ,9 g5]al ,*apt] ,i ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djaa et seq47 is am5d$ by ins]t+ aft] section #acjh;,a 7#db ,u4,s4,c4 #djae;a7 ! foll[+3 #acjh;,b4 ,flood insurance assi/ance 7a7 ,def9itions ,9 ?is section3 7#a7 ,cov]$ prop]ty ,! t]m cov]$ prop]ty means-- 7,a7 a prim>y resid5tial dwell+ design$ = ! occupancy ( f #a to #d families2 or 7,b7 p]sonal prop]ty relat+ to a dwell+ describ$ 9 subp>agraph 7,a74 7#b7 ,eligible policyhold] ,! t]m eligible policyhold] means a policyhold] ) a h\sehold income t is n m ?an #adj p]c5t ( ! area m$ian income = ! area 9 :i* ! prop]ty to :i* ! policy applies is locat$4 7#c7 ,h\s+ exp5ses ,! t]m h\s+ exp5ses means1 ) respect to a h\sehold1 ! total am\nt t ! h\sehold sp5ds 9 a ye> on-- 7,a7 mortgage paym5ts or r5t2 7,b7 prop]ty taxes2 7,c7 home[n]s insurance2 & 7,d7 premiums = flood insurance "u ! national flood insurance program4 7#d7 ,insurance co/s ,! t]m insurance co/s means1 ) respect to a cov]$ prop]ty = a ye>-- 7,a7 risk premiums & fees e/imat$ "u section #acjg & *>g$ "u section #acjh2 7,b7 sur*>ges assess$ "u sections #acjd & #acjh;,a2 & 7,c7 any am\nt e/abli%$ "u section #acaj;,a7c74 7b7 ,au?ority ,subject to ! availability ( appropriations1 ! ,adm9i/rator is au?oriz$ to c>ry out a means-te/$ program "u :i* ! ,adm9i/rator provides assi/ance to eligible policyhold]s 9 ! =m ( graduat$ disc\nts = insurance co/s ) respect to cov]$ prop]ties4 7c7 ,eligibility ,to det]m9e eligibility = means-te/$ assi/ance "u ?is section1 ! ,adm9i/rator may accept any ( ! foll[+ ) respect to an eligible policyhold]3 7#a7 ,income v]ification f ! ,national ,directory ( ,new ,hires e/abli%$ "u section #dec7;i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fec7;i774 7#b7 ,a self-c]tification ( eligibility by ! eligible policyhold] t is provid$ "u p5alty ( p]jury pursuant to section #agdf ( title #bh1 ,unit$ ,/ates ,code4 7#c7 ,any o!r me?od id5tifi$ by ! ,adm9i/rator 9 int]im guidance1 or a f9al rule1 issu$ "u subsection 7e74 7d7 ,disc\nt ,! ,adm9i/rator may e/abli% graduat$ disc\nts available to eligible policyhold]s "u ?is section1 :i* %all be bas$ on ! foll[+ factors3 7#a7 ,! p]c5tage by :i* ! h\sehold income ( an eligible policyhold] is equal to1 or less ?an1 #adj p]c5t ( ! area m$ian income = ! area 9 :i* ! prop]ty to :i* ! policy applies is locat$4 7#b7 ,! h\s+ exp5ses ( an eligible policyhold]4 7#c7 ,! numb] ( eligible policyhold]s p>ticipat+ 9 ! program e/abli%$ "u ?is section4 7#d7 ,! availability ( fund+4 7#e7 ,any o!r factor t ! ,adm9i/rator f9ds reasonable & necess>y to c>ry out ! purposes ( ?is section4 7e7 ,implem5tation 7#a7 ,9 g5]al ,! ,adm9i/rator %all issue f9al rules to implem5t ?is section4 7#b7 ,int]im guidance 7,a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section1 ! ,adm9i/rator %all issue int]im guidance to implem5t ?is section1 :i* %all-- 7i7 include-- 7,i7 a description ( h[ ! ,adm9i/rator w det]m9e-- 7aa7 eligibility = h\seholds to p>ticipate 9 ! program e/abli%$ "u ?is section2 & 7bb7 assi/ance levels = eligible h\seholds to :i* assi/ance is provid$ "u ?is section2 7,,ii7 ! me?odology t ! ,adm9i/rator w use to det]m9e ! am\nt ( assi/ance provid$ to eligible h\seholds "u ?is section2 & 7,,iii7 any requirem5ts to :i* eligible policyhold]s to :i* assi/ance is provid$ "u ?is section w be subject2 & 7ii7 expire on ! lat] (-- 7,i7 ! date t is #hd mon?s aft] ! date ( enactm5t ( ?is section2 or 7,,ii7 ! date on :i* ! f9al rules issu$ "u p>agraph 7#a7 take effect4 7,b7 ,rule ( con/ruction ,no?+ 9 subp>agraph 7,a7 may be con/ru$ to preclude ! ,adm9i/rator f am5d+ ! int]im guidance issu$ "u t subp>agraph4 7f7 ,collection ( demographic in=mation ,! ,adm9i/rator1 9 ord] to evaluate & monitor ! effectiv5ess ( ?is section1 & to comply ) ! report+ requirem5ts "u subsection 7g71 may reque/ demographic in=mation1 & o!r in=mation1 ) respect to an eligible policyhold] to :i* assi/ance is provid$ "u ?is section1 :i* may include-- 7#a7 ! income ( ! eligible policyhold]1 z comp>$ ) ! area m$ian income = ! area 9 :i* ! prop]ty to :i* ! policy applies is locat$2 & 7#b7 demographic *>act]i/ics ( ! eligible policyhold]1 includ+ ! race & e?nicity ( ! eligible policyhold]4 7g7 ,reports to ,congress 7#a7 ,9 g5]al ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is section1 & bi5nially !reaft]1 ! ,adm9i/rator %all submit to ,congress a report reg>d+ ! implem5tation & effectiv5ess ( ?is section4 7#b7 ,cont5ts ,ea* report submitt$ "u p>agraph 7#a7 %all include in=mation reg>d+1 = ! p]iod cov]$ by ! report-- 7,a7 ! di/ribution ( h\sehold area m$ian income = eligible policyhold]s to :i* assi/ance is provid$ "u ?is section2 7,b7 ! numb] ( eligible policyhold]s to :i* assi/ance is provid$ "u ?is section1 :i* %all be disaggregat$ by income & demographic *>act]i/ics2 7,c7 ! co/ ( provid+ assi/ance "u ?is section2 & 7,d7 ! av]age am\nt ( assi/ance provid$ to an eligible policyhold] "u ?is section1 :i* %all be disaggregat$ z describ$ 9 subp>agraph 7,b74 7h7 ,risk communication ,= ! purposes ( ! communication requir$ "u section #acjh7l71 ! ,adm9i/rator %all provide to an eligible policyhold] to :i* assi/ance is provid$ "u ?is section a full flood risk det]m9ation ) respect to ! prop]ty ( ! eligible policyhold]1 :i* %all reflect ! insurance co/s ) respect to ! prop]ty be=e t assi/ance is provid$4 7i7 ,fund+ 7#a7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to ! ,adm9i/rator to c>ry out ?is section-- 7,a7 #bej1jjj1jjj = fiscal ye> #bjbd2 7,b7 #cdj1jjj1jjj = fiscal ye> #bjbe2 7,c7 #djj1jjj1jjj = fiscal ye> #bjbf2 7,d7 #ejj1jjj1jjj = fiscal ye> #bjbg2 & 7,e7 #fjj1jjj1jjj = fiscal ye> #bjbh4 7#b7 ,notification ,if1 9 a fiscal ye>1 ! ,adm9i/rator det]m9es t ! am\nt made available to c>ry out ?is section is insuffici5t to provide assi/ance "u ?is section1 ! ,adm9i/rator %all submit to ,congress a notification ( ! rema9+ am\nts necess>y to provide t assi/ance = t fiscal ye>4 7#c7 ,di/ribution ( premium ,) respect to ! am\nt ( ! disc\nts provid$ "u ?is section 9 a fiscal ye>1 & any adm9i/rative exp5ses incurr$ 9 c>ry+ out ?is section = t fiscal ye>1 ! ,adm9i/rator %all1 f am\nts made available to c>ry out ?is section = t fiscal ye>1 deposit 9 ! ,national ,flood ,insurance ,fund e/abli%$ "u section #acaj an am\nt equal to ^? disc\nts & adm9i/rative exp5ses1 except to ! ext5t t section #acaj;,a applies to any portion ( ^? disc\nts or adm9i/rative exp5ses1 9 :i* case ! ,adm9i/rator %all deposit an am\nt equal to ^? am\nts to :i* section #acaj;,a applies 9 ! ,national ,flood ,insurance ,res]ve ,fund e/abli%$ "u section #acaj;,a4 4 7#b7 ,use ( sav+s ,9 addition to any am\nts made available to ! ,adm9i/rator to c>ry out section #acjh;,b ( ! ,national ,flood ,insurance ,act ( #aifh1 z add$ by p>agraph 7#a71 ! ,adm9i/rator %all use any am\nts sav$ z a direct result ( ! am5dm5ts made by section #cjb7;a7 ( ?is ,act to c>ry out su* section #acjh;,b4 7b7 ,national ,flood ,insurance ,act ( #aifh ,! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djja et seq47 is am5d$-- 7#a7 9 section #acjh7;e7 7#db ,u4,s4,c4 #djae7;e77-- 7,a7 9 p>agraph 7#a7-- 7i7 9 subp>agraph 7,b71 by /rik+ or at ! end2 7ii7 9 subp>agraph 7,c77iii71 by add+ or at ! end2 & 7iii7 by add+ at ! end ! foll[+3 7,d7 9 ! case ( a prop]ty ) respect to :i* assi/ance is provid$ "u section #acjh;,b1 if-- 7i7 ! applicable policyhold] is no long] eligible to receive assi/ance "u t section2 7ii7 ! assi/ance s provid$ has be5 decreas$ "u t section2 or 7iii7 ! ,adm9i/rator is n au?oriz$1 or lacks appropriat$ funds1 to c>ry out t section2 2 & 7,b7 9 p>agraph 7#c71 by /rik+ p]iod2 & & ins]t+ ! foll[+3 p]iod1 except 9 ! case ( a prop]ty ) respect to :i* assi/ance is provid$ "u section #acjh;,b if a condition describ$ 9 clause 7i71 7ii71 or 7iii7 ( p>agraph 7#a77;,d7 is applicable2 &2 & 7#b7 9 section #acff7;d7 7#db ,u4,s4,c4 #dajd;c7d77-- 7,a7 by r$esignat+ p>agraph 7#c7 z p>agraph 7#d72 & 7,b7 by ins]t+ aft] p>agraph 7#b7 ! foll[+3 7#c7 ,flood insurance assi/ance ,9 ! case ( mitigation activities to /ructures insur$ by policyhold]s t are eligible = assi/ance "u section #acjh;,b1 9 an am\nt up to #ajj p]c5t ( all eligible co/s4 4 7c7 ,in=mation comp>isons ) ! national directory ( new hires = flood insurance assi/ance income v]ification ,section #dec7;j7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #fec7;j77 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ab7 ,in=mation comp>isons = flood insurance assi/ance 7,a7 ,furni%+ ( in=mation by fema ,! ,adm9i/rator ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy 79 ?is p>agraph1 ref]r$ to z ! ,adm9i/rator7 %all furni% to ! ,secret>y1 on su* p]iodic basis z det]m9$ by ! ,adm9i/rator 9 consultation ) ! ,secret>y1 in=mation 9 ! cu/ody ( ! ,adm9i/rator = comp>ison ) in=mation 9 ! ,national ,directory ( ,new ,hires1 9 ord] to obta9 in=mation 9 su* ,directory ) respect to individuals :o are apply+ =1 or receiv+ b5efits "u1 section #acjh;,b ( ! ,national ,flood ,insurance ,act ( #aifh4 7,b7 ,requirem5t to seek m9imum in=mation ,! ,adm9i/rator %all seek in=mation pursuant to ?is p>agraph only to ! ext5t necess>y to v]ify ! employm5t & income ( individuals describ$ 9 subp>agraph 7,a74 7,c7 ,duties ( ! secret>y 7i7 ,in=mation disclosure ,! ,secret>y1 9 coop]ation ) ! ,adm9i/rator1 %all comp>e in=mation 9 ! ,national ,directory ( ,new ,hires ) in=mation provid$ by ! ,adm9i/rator ) respect to individuals describ$ 9 subp>agraph 7,a71 & %all disclose in=mation 9 su* ,directory reg>d+ su* individuals to ! ,adm9i/rator1 9 accordance ) ?is p>agraph1 = ! purposes specifi$ 9 ?is p>agraph4 7ii7 ,condition on disclosure ,! ,secret>y %all make disclosures 9 accordance ) clause 7i7 only to ! ext5t t ! ,secret>y det]m9es t su* disclosures d n int]f]e ) ! effective op]ation ( ! program "u ?is "p4 7,d7 ,use ( in=mation by fema ,! ,adm9i/rator may use in=mation result+ f a data mat* pursuant to ?is p>agraph only-- 7i7 = ! purpose ( v]ify+ ! employm5t & income ( individuals describ$ 9 subp>agraph 7,a72 & 7ii7 aft] removal ( p]sonal id5tifi]s1 to conduct analyses ( ! employm5t & income report+ ( individuals describ$ 9 subp>agraph 7,a74 7,e7 ,disclosure ( in=mation by fema 7i7 ,purpose ( disclosure ,! ,adm9i/rator may make a disclosure "u ?is subp>agraph only = ! purpose ( v]ify+ ! employm5t & income ( individuals describ$ 9 subp>agraph 7,a74 7ii7 ,disclosures p]mitt$ ,subject to clause 7iii71 ! ,adm9i/rator may disclose in=mation result+ f a data mat* pursuant to ?is p>agraph only to contractors ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy1 private insurance companies p>ticipat+ 9 ! ,write ,y\r ,own ,program ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy1 ! ,inspector ,g5]al ( ! ,dep>tm5t ( ,homel& ,security1 & ! ,attorney ,g5]al1 9 connection ) ! adm9i/ration ( a program describ$ 9 subp>agraph 7,a74 ,in=mation obta9$ by ! ,adm9i/rator pursuant to ?is p>agraph %all n be made available "u section #eeb ( title #e1 ,unit$ ,/ates ,code4 7iii7 ,conditions on disclosure ,disclosures "u ?is p>agraph %all be-- 7,i7 made 9 accordance ) data security & control policies e/abli%$ by ! ,adm9i/rator & approv$ by ! ,secret>y2 7,,ii7 subject to audit 9 a mann] satisfactory to ! ,secret>y2 & 7,,iii7 subject to ! sanctions "u subsection 7l77#b74 7iv7 ,re/rictions on r$isclosure ,a p]son or entity to :i* in=mation is disclos$ "u ?is subp>agraph may use or disclose su* in=mation only z ne$$ = v]ify+ ! employm5t & income ( individuals describ$ 9 subp>agraph 7,a71 subject to ! conditions 9 clause 7iii7 & su* additional conditions z agre$ to by ! ,secret>y & ! ,adm9i/rator4 7,f7 ,reimbursem5t ( ,,hhs co/s ,! ,adm9i/rator %all reimburse ! ,secret>y1 9 accordance ) subsection 7k77#c71 = ! co/s incurr$ by ! ,secret>y 9 furni%+ ! in=mation reque/$ "u ?is p>agraph4 7,g7 ,cons5t ,! ,adm9i/rator %all n seek1 use1 or disclose in=mation "u ?is p>agraph relat+ to an individual )\t ! prior writt5 cons5t ( su* individual 7or ( a p]son legally au?oriz$ to cons5t on behalf ( su* individual74 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 "u ! ,national ,flood ,insurance ,program = int]ruption bus9ess losses caus$ by a flood 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+ 1 or own]s ( a %>e ( a coop]ative build+1 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 7k7 ,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 ,subject to p>agraph 7#b71 9 ?is section1 ! t]m basel9e am\nt means an am\nt det]m9$ by ! ,adm9i/rator t is equal to ! maximum orig9al pr9cipal obligation ( a conv5tional mortgage secur$ by a s+le-family resid5ce t may be pur*as$ by ! ,f$]al ,national ,mortgage ,association1 z e/abli%$ "u ! sev5? s5t5ce ( section #cjb7;b77#b7 ( ! ,f$]al ,national ,mortgage ,association ,*>t] ,act 7#ab ,u4,s4,c4 #agag7;b77#b771 :i* ! ,adm9i/rator may n-- 7#a7 increase m ?an once e #e ye>s2 7#b7 increase ) respect to any p>ticul> prop]ty pursuant to ! #aa? or #ab? s5t5ce ( su* section #cjb7;b77#b72 or 7#c7 decrease4 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]ties2 & 7#c7 conduct a compreh5sive assessm5t ( ! economic & social impacts ( implem5t+ ,risk ,rat+ #b4j 7or any sub/antially simil> me?odology7 dur+ ! #bj-ye> p]iod beg9n+ 9 ! ye> 9 :i* ! assessm5t is made1 :i* %all include an evaluation ( ! effect t su* implem5tation w h1 dur+ t #bj-ye> p]iod1 on-- 7,a7 ! af=dability & availability ( flood insurance "u ! ,national ,flood ,insurance ,program2 7,b7 prop]ty values2 7,c7 ! am\nt ( ,f$]al disa/] aid = prop]ties t are n cov]$ by flood insurance1 :e!r "u ! ,national ,flood ,insurance ,program or o!rwise2 & 7,d7 non-,f$]al ,gov]nm5t rev5ues4 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 #aji4 ,national ,flood ,insurance ,act def9itions reg>d+ ! ,write ,y\r ,own ,program ,section #acgj7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #daba7;a77 is am5d$-- 7#a7 9 p>agraph 7#ad71 by /rik+ & at ! end2 7#b7 9 p>agraph 7#ae71 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7#c7 by add+ at ! end ! foll[+3 7#af7 ! 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,a72 & 7#ag7 ! t]m ,write ,y\r ,own ,company means a private prop]ty insurance company t p>ticipates 9 ! ,write ,y\r ,own ,program4 4 ,,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 #bjba4 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 z s r$esignat$1 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 ( #abj1jjj4 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 su* an am\nt t ! h\s+ exp5ses 7z def9$ 9 section #acjh;,b7a77 ( ! h\sehold t is ! subject ( ! policy are1 = t ye>1 m ?an #cj p]c5t ( ! adju/$ gross income 7z def9$ 9 section #fb ( ! ,int]nal ,rev5ue ,code ( #aihf74 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 seq47 is am5d$ by add+ at ! end ! foll[+3 #acbf4 ,/ate or ,tribal gov]nm5t 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 ,int5d$ use plan ,! t]m int5d$ use plan means a plan prep>$ "u subsection 7d77#a74 7#c7 ,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#d7 ,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#e7 ,p>ticipat+ entity ,! t]m p>ticipat+ entity means a ,/ate or ,tribal gov]nm5t t-- 7,a7 has ent]$ into an agreem5t "u subsection 7b77#a72 & 7,b7 agrees to comply ) ! requirem5ts ( ?is section4 7#f7 ,pre-,,firm build+ ,! t]m pre-,,firm build+ means a build+ = :i* con/ruction or sub/antial improvem5t occurr$ be=e ! lat] (-- 7,a7 ,decemb] #ca1 #aigd2 or 7,b7 ! effective date ( ! rate map publi%$ by ! ,adm9i/rator "u section #acfj = ! area 9 :i* ! build+ is locat$4 7#g7 ,/ate or ,tribal gov]nm5t loan fund ,! t]m ,/ate or ,tribal gov]nm5t loan fund means a flood mitigation assi/ance revolv+ loan fund e/abli%$ by a ,/ate or ,tribal gov]nm5t "u ?is section4 7#h7 ,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 ) a ,/ate or ,tribal gov]nm5t to provide a capitalization grant = ! ,/ate or ,tribal gov]nm5t 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+ entity "u p>agraph 7#a71 ! p>ticipat+ entity %all-- 7i7 deposit ! grant 9 ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity2 & 7ii7 ent] into #a or m b9d+ agreem5ts t provide = ! p>ticipat+ entity to di/ribute ! grant funds = purposes au?oriz$ "u subsection 7c7 su* t-- 7,i7 9 ! case ( ! initial grant made to a p>ticipat+ entity "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 or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity2 & 7,,ii7 9 ! case ( any subsequ5t grant made to a p>ticipat+ entity "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 or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity4 7,b7 ,noncompliance ,except z provid$ 9 subp>agraph 7,c71 if a p>ticipat+ entity 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+ entity 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+ entities-- 7i7 = ! p>ticipat+ entities to deposit 9 ! ,/ate or ,tribal gov]nm5t loan fund e/abli%$ by ! p>ticipat+ entity2 & 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+ entity receives ! p]c5tage am\nt t is obta9$ by divid+ ! numb] ( prop]ties t 7 insur$ "u ! national flood insurance program 9 t ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable1 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+ entity receives a p]c5tage ( funds t is equal to ! product obta9$ "u clause 7iii77,,iv7 ) respect to t p>ticipat+ entity 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+ entity dur+ ! previ\s fiscal ye> by ! numb] ( prop]ties insur$ "u ! national flood insurance program 9 t ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable1 = t fiscal ye>4 7,,ii7 ,add toge!r ea* quoti5t obta9$ "u subclause 7,i74 7,,iii7 ,= ea* p>ticipat+ entity1 divide ! quoti5t obta9$ "u subclause 7,i7 ) respect to t ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable1 by ! sum obta9$ "u subclause 7,,ii74 7,,iv7 ,= ea* p>ticipat+ entity1 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+ entity 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+ entity1 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 or ,tribal gov]nm5t jurisdiction1 z applicable1 is au?oriz$ to receive "u t subclause1 ! diff]5ce betwe5 ! au?oriz$ am\nt & ! am\nt o!rwise due to ! ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable1 "u clauses 7i7 ?r\gh 7iii7 %all be allocat$ to o!r p>ticipat+ entities-- 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+ entity may receive an allocation "u ?is subclause only if ! allocation does n result 9 ! ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable1 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+ entity 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 ! p>ticipat+ entity has e/abli%$ a ,/ate or ,tribal gov]nm5t loan fund4 7,b7 ,mat*+ ,a p>ticipat+ entity 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 ! p>ticipat+ entity 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+ entities1 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$ by ! ,f$]al ,em]g5cy ,managem5t ,ag5cy 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 ) 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 or ,tribal gov]nm5t 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 or ,tribal gov]nm5t loan fund2 or 7,c7 = ! sale ( bonds z security = paym5t ( ! pr9cipal & int]e/ on rev5ue or g5]al obligation bonds issu$ by ! p>ticipat+ entity to provide mat*+ funds "u subsection 7f71 if ! proce$s f ! sale ( ! bonds are deposit$ 9 ! ,/ate or ,tribal gov]nm5t loan fund4 7#b7 ,purposes ,a recipi5t ( f9ancial assi/ance provid$ ?r\gh am\nts f a ,/ate or ,tribal gov]nm5t 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 ! p>ticipat+ entity1 :i* may require an applicant = f9ancial assi/ance to submit any in=mation t ! p>ticipat+ entity 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 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 rise1 & flood risk result+ f wildfire2 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 risk1 includ+ gre5 infra/ructure2 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 grantor1 provid$ t-- 7,i7 ! use ( ! l& w be committ$ 9 p]petuity1 ) assurances f ! recipi5t1 t ! l& w only be us$ = op5 spaces1 recreational use1 or wetl& managem5t practices2 & 7,,ii7 no new /ructure w be erect$ on ! prop]ty acquir$ o!r ?an-- 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 ( a con/ruction ( ! /ructure2 & 7iv7 ! recipi5t may make no subsequ5t application = disa/] assi/ance = any purpose & no su* assi/ance w be provid$ to ! applicant f any ,f$]al s\rce2 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+ entity %all annually prep>e a plan t id5tifies1 = ! ye> foll[+ ! date ( issuance ( ! int5d$ use plan1 ! int5d$ uses ( ! am\nts available 9 ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity4 7#b7 ,consultation dur+ prep>ation ,ea* p>ticipat+ entity1 9 prep>+ an int5d$ use plan1 %all ensure t ! ,/ate or ,tribal gov]nm5t 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 or ,tribal gov]nm5t ag5cy1 includ+ ag5cies responsible = coa/al & environm5tal managem5t4 7#c7 ,cont5ts ,a p>ticipat+ entity %all1 9 ea* int5d$ use plan-- 7,a7 include-- 7i7 an explanation ( ! mitigation & resili5cy b5efits ! p>ticipat+ entity 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 ! ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable2 7,,iii7 decreas+ ! numb] ( flood insurance claims 9 ! ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable2 & 7,,iv7 increas+ ! rat+ "u ! ,community ,rat+ ,sy/em = communities 9 ! ,/ate or ,tribal gov]nm5t jurisdiction1 z applicable2 7ii7 in=mation ) respect to ! availability (1 & ! application process = receiv+1 f9ancial assi/ance f ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity2 7iii7 ! crit]ia & me?ods e/abli%$ = ! di/ribution ( am\nts f ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity2 7iv7 ! am\nt ( f9ancial assi/ance t ! p>ticipat+ entity 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 or ,tribal gov]nm5t loan fund & ! %ort-t]m & long-t]m goals ( ! ,/ate or ,tribal gov]nm5t loan fund2 & 7,b7 provide1 to ! maximum ext5t practicable1 t priority = ! use ( am\nts f ! ,/ate or ,tribal gov]nm5t 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+ entity %all publi% & p]iodically update a li/ ( all projects receiv+ fund+ f ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity1 :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 or ,tribal gov]nm5t 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+ entity receives a capitalization grant1 ! p>ticipat+ %all deposit into ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity1 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+ entity deposits 9 ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity an am\nt f non-,f$]al s\rces t is less ?an #bj p]c5t ( ! total am\nt ( ! capitalization grant t ! p>ticipat+ entity w\ld o!rwise receive1 ! ,adm9i/rator %all-- 7,a7 r$uce ! am\nt ( ! capitalization grant receiv$ by ! p>ticipat+ entity 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+ entity w\ld h receiv$ if ! p>ticipat+ entity _h compli$ ) p>agraph 7#a7 & ! am\nt ( ! r$uc$ grant t ! p>ticipat+ entity receives "u subp>agraph 7,a74 7g7 ,types ( assi/ance ,unless o!rwise prohibit$ by law ( a p>ticipat+ entity1 ! p>ticipat+ entity may use ! am\nts deposit$ into a ,/ate or ,tribal gov]nm5t 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 or ,tribal gov]nm5t 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 ! p>ticipat+ entity if ! proce$s ( ! sale ( ! bonds w be deposit$ into ! ,/ate or ,tribal gov]nm5t 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+ entity uses am\nts f a ,/ate or ,tribal gov]nm5t loan fund to provide f9ancial assi/ance "u subsection 7c7 9 a l[-income geographic area or to a l[-income home[n]1 ! p>ticipat+ entity 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+ entity "u p>agraph 7#a7 may n exce$ #cj p]c5t ( ! am\nt ( ! capitalization grant allocat$ to ! p>ticipat+ entity = t fiscal ye>4 7i7 ,adm9i/ration ( fund 7#a7 ,9 g5]al ,a p>ticipat+ entity may comb9e ! f9ancial adm9i/ration ( a ,/ate or ,tribal gov]nm5t loan fund ) ! f9ancial adm9i/ration ( any o!r revolv+ fund e/abli%$ by ! p>ticipat+ entity if-- 7,a7 comb9+ ! adm9i/ration ( ! funds w\ld-- 7i7 be conv5i5t & avoid adm9i/rative co/s2 & 7ii7 n violate ! law ( ! p>ticipat+ entity2 & 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 or ,tribal gov]nm5t loan fund1 & int]e/ e>n$ on am\nts 9 a ,/ate or ,tribal gov]nm5t 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 or ,tribal gov]nm5t 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 or ,tribal gov]nm5t 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+ entity 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 or ,tribal gov]nm5t loan fund2 7ii7 provide appropriate ov]sight ( projects au?oriz$ "u ?is section2 & 7iii7 provide te*nical assi/ance & outrea* to recipi5ts 9 ! ,/ate or ,tribal gov]nm5t jurisdiction ( 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 or ,tribal gov]nm5t jurisdiction "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+ entity 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 or ,tribal gov]nm5t loan fund ( a p>ticipat+ entity1 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+ entity = ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity "u ?is section = ! fiscal ye>4 7#c7 ,audit & report 7,a7 ,audit requirem5t ,n less frequ5tly ?an bi5nially1 ea* p>ticipat+ entity %all conduct an audit ( ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity4 7,b7 ,report ,ea* p>ticipat+ entity %all submit to ! ,adm9i/rator a bi5nial report reg>d+ ! activities ( ! p>ticipat+ entity "u ?is section dur+ ! p]iod cov]$ by ! report1 includ+-- 7i7 ! result ( any audit conduct$ by ! p>ticipat+ entity "u subp>agraph 7,a72 & 7ii7 a review ( ! effectiv5ess ( ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity ) respect to-- 7,i7 ! int5d$ use plans ( ! p>ticipat+ entity2 & 7,,ii7 meet+ ! objectives describ$ 9 subsection 7b77#a74 7#d7 ,ov]sight ,9 conduct+ ov]sight ) respect to ,/ate or ,tribal gov]nm5t 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 or ,tribal gov]nm5t 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+ entity ) respect to ! adm9i/ration ( ! ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity2 or 7ii7 require specific *anges ) respect to a ,/ate or ,tribal gov]nm5t loan fund ( ! p>ticipat+ entity 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+ entity 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+ entity & a recipi5t ( am\nts f a ,/ate or ,tribal gov]nm5t 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 #bjbd ?r\gh #bjcc4 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 or ,tribal gov]nm5t loan fund e/abli%$ "u section #acbg4 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 or ,tribal gov]nm5t loan fund e/abli%$ "u section #acbg4 #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 7b7-- 7i7 9 p>agraph 7#a7-- 7,i7 by r$esignat+ subp>agraphs 7,a7 ?r\gh 7,e7 z subp>agraphs 7,b7 ?r\gh 7,f71 respectively2 7,,ii7 by ins]t+ be=e subp>agraph 7,b71 z s r$esignat$1 ! foll[+3 7,a7 ! ,director ( ! ,unit$ ,/ates ,geological ,survey2 2 & 7,,iii7 9 subp>agraph 7,f71 z s r$esignat$-- 7aa7 9 ! matt] prec$+ clause 7i71 by /rik+ #af & ins]t+ #ag2 7bb7 9 clause 7xiii71 by /rik+ & at ! end2 7cc7 9 clause 7xiv71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7dd7 by add+ at ! end ! foll[+3 7xv7 an exp]t 9 ! field ( cata/rophic risk model+4 2 7ii7 9 p>agraph 7#b71 9 ! second s5t5ce1 by /rik+ p>agraph 7#a77;,e7 & ins]t+ p>agraph 7#a77;,f72 & 7iii7 by add+ at ! end ! foll[+3 7#c7 ,conflicts ( int]e/ ,a memb] ( ! ,c\ncil-- 7,a7 may n1 :ile s]v+ on ! ,c\ncil1 be employ$ or reta9$ by-- 7i7 a ,f$]al ,em]g5cy ,managem5t ,ag5cy contractor or consultant2 or 7ii7 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 & 7,b7 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 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 & subject to ! requirem5ts ( section #acfc ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajd71 ! 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,a7-- 7aa7 9 clause 7v71 by /rik+ & at ! end2 7bb7 9 clause 7vi71 by add+ & at ! end2 & 7cc7 by ins]t+ aft] clause 7vi7 ! foll[+3 7vii7 all o!r areas ( ! ,unit$ ,/ates t are n describ$ 9 clauses 7i7 ?r\gh 7vi72 2 7,,ii7 9 subp>agraph 7,b71 by /rik+ & at ! end2 7,,iii7 9 subp>agraph 7,c71 by /rik+ ! p]iod at ! end & ins]t+ 1 includ+ ! mo/ rec5tly available & be/ remote s5s+ te*nology22 & 7,,iv7 by add+ at ! end ! foll[+3 7,d7 :5 appropriate1 p>tn] ) o!r ,f$]al ag5cies1 ,/ates1 & private entities 9 ord] to meet ! objectives ( ! program2 & 7,e7 consult & coord9ate ) ! ,secret>y ( ,def5se1 ! ,director ( ! ,unit$ ,/ates ,geological ,survey1 ! ,director ( ! ,fi% & ,wildlife ,s]vice1 & ! ,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;,e72 & 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+ a semicolon2 & 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 applicable law4 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 ( #bjbc1 ! ,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 elevation data applicable to ! prop]ty2 7,,iii7 any lett] ( map *anges2 7,,iv7 to ! maximum ext5t practicable1 ! 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 data &1 :]e applicable1 ! level ( protection provid$ by levee sy/ems2 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 = :i* flood haz>d has be5 id5tifi$ ?r\gh ! ,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 data2 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 data4 7#e7 ,,nfip premium cr$it ,! ,adm9i/rator %all provide a #a-"t premium cr$it ( n m ?an #ejj to a policyhold] = ! pur*ase ( an elevation c]tificate4 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 #ejj1jjj1jjj 2 & 7ii7 by /rik+ ! p]iod at ! end & ins]t+ ! foll[+3 2 & 7#b7 #ejj1jjj1jjj = ea* ( fiscal ye>s #bjbd ?r\gh #bjbi4 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-- 7,i7 ?r\gh indep5d5t1 non-b9d+ arbitration2 or 7,,ii7 by ! ,sci5tific ,resolution ,panel provid$ = 9 section #acfc;,a4 7ii7 ,process ,not)/&+ any provision ( section #acfc;,a7c77#d7 reg>d+ ! b9d+ nature ( ! recomm5dations ( ! ,sci5tific ,resolution ,panel1 ! ,adm9i/rator %all e/abli% a process = ! purposes ( clause 7i7 "u :i* an arbitrator or ! ,sci5tific ,resolution ,panel1 z applicable1 provides a non-b9d+ recomm5dation to ! ,adm9i/rator4 7#d7 ,relief 7,a7 ,:olly successful appeals ,if ! ,adm9i/rator det]m9es 9 an appeal "u ?is subsection 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 7#c7 ,issuance ( regulations = map appeals ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue ! regulations requir$ to be issu$ "u subsection 7f7 ( section #acfc ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #dajd7 & any relevant guidance to implem5t t subsection4 #bji4 ,appeals ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all e/abli% a fair1 transp>5t1 & /reaml9$ process to manage disputes reg>d+ *>geable premium rates prescrib$ "u section #acjh ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae71 z am5d$ by ?is ,act1 includ+ a dispute reg>d+1 ) respect to a prop]ty-- 7#a7 ! di/ance ( ! prop]ty f an ocean1 coa/l9e1 lake1 or riv]2 7#b7 ! elevation ( ! prop]ty2 7#c7 ! gr\nd elevation ( ! prop]ty2 7#d7 ! fir/ floor height ( ! prop]ty2 7#e7 ! type ( f\ndation ) respect to ! prop]ty2 or 7#f7 ! quality ( any levee on ! prop]ty4 #baj4 ,levee-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 ,areas protect$ by levee sy/ems 7,a7 ,applicability ,to facilitate ! implem5tation ( ?is section1 & not)/&+ any o!r provision ( law1 ?is p>agraph %all apply to a community 9 :i* ! ,adm9i/rator e/abli%es rates = flood insurance "u ! ,national ,flood ,insurance ,program 9 a levee-protect$ area4 7,b7 ,non-accr$it$ levee sy/ems 7i7 ,assessm5t ( protection provid$ by non-accr$it$ levee sy/ems ,) respect to an area 9 :i* ! p]t95t levee sy/em fails to meet ! m9imum design1 op]ation1 & ma9t5ance /&>ds ( ! ,national ,flood ,insurance ,program describ$ 9 section #fe4aj ( title #dd1 ,code ( ,f$]al ,regulations1 or any successor regulation1 = levee accr$itation on a ,national ,flood ,insurance ,program rate map "u ! ,risk ,rat+ #b4j me?odology 7or any sub/antially simil> me?odology71 ! ,adm9i/rator %all1 n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is p>agraph-- 7,i7 ?r\gh rules issu$ "u section #eec ( title #e1 ,unit$ ,/ates ,code1 e/abli%-- 7aa7 ! analysis t ! ,adm9i/rator w p]=m to det]m9e ! level ( protection provid$ by ! non-accr$it$ levee sy/em2 & 7bb7 ! proc$ure by :i* ! ,adm9i/rator w e/abli% rates = flood insurance "u ! ,national ,flood ,insurance ,program = t area2 & 7,,ii7 7aa7 issue guidance ) respect to ! matt]s describ$ 9 items 7aa7 & 7bb7 ( subclause 7,i72 or 7bb7 use ! levee analysis & mapp+ proc$ure ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy1 z 9 effect on ! date ( enactm5t ( ?is p>agraph1 = purposes ( updat+ flood insurance rate maps & e/abli%+ rates = flood insurance "u ! ,national ,flood ,insurance ,program1 work+ ) e/abli%$ ,local ,levee ,p>tn]%ip ,teams or _! equival5t = v]ification ( accurate results4 7ii7 ,rate = areas )\t suffici5t data ,) respect to a /ructure t is locat$ 9 an area describ$ 9 clause 7i71 & = :i* ! ,adm9i/rator does n h suffici5t data to assess risk1 ! ,adm9i/rator may n increase ! rates = flood insurance "u ! ,national ,flood ,insurance ,program = t /ructure until ! ,adm9i/rator-- 7,i7 c>ries out clause 7i7 ) respect to t area2 & 7,,ii7 makes available to all p>ties affect$ by ! increas$ rate ! data on :i* ! ,adm9i/rator is rely+ 9 e/abli%+ t increas$ rate4 7,c7 ,m&atory pur*ase requirem5t = levee sy/ems ,9 any area 9 :i* ! p]t95t levee sy/em meets ! m9imum design1 op]ation1 & ma9t5ance /&>ds describ$ 9 section #fe4aj ( title #dd1 ,code ( ,f$]al ,regulations1 or any successor regulation1 ! ,adm9i/rator may n-- 7i7 designate ! levee-protect$ area a special flood haz>d area2 or 7ii7 impose any requirem5t to pur*ase flood insurance = a /ructure locat$ 9 ! area4 7,d7 ,appeals process 7i7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is p>agraph1 ! ,adm9i/rator %all develop an appeals process = communities locat$ )9 a levee-protect$ area describ$ 9 ?is p>agraph t disputes ! assessm5t made by ! ,adm9i/rator ( ! level ( protection provid$ by ! levee or ! residual risk associat$ ) ! levee4 7ii7 ,def9ition requirem5ts ,) respect to ! appeals process e/abli%$ "u clause 7i7-- 7,i7 subject to subclause 7,,ii71 ! ,adm9i/rator %all make cle> :i* def9ition ( ! t]ms levee & residual risk %all apply = ! purposes ( ! appeal2 & 7,,ii7 an appellant 9 an appeal br\ght "u t process may require t ! ,adm9i/rator use ! def9ition ( ! t]m levee 9 section #ei4a ( title #dd1 ,code ( ,f$]al ,regulations1 or any successor regulation4 4 #baa4 ,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 #bab4 ,premium calculator 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m cov]$ prop]ty means a prop]ty = :i* insurance is provid$ "u ! ,national ,flood ,insurance ,program2 & 7#b7 ! t]m premium rates means *>geable premium rates prescrib$ "u section #acjh ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae71 z am5d$ by ?is ,act4 7b7 ,requirem5ts ,! ,adm9i/rator %all take ! foll[+ actions3 7#a7 ,n lat] ?an #fj days aft] ! date ( enactm5t ( ?is ,act1 make public all =mulas us$ by ! ,adm9i/rator to calculate ! value ( mitigation cr$its provid$ ) respect to cov]$ prop]ties1 includ+1 at a m9imum1 cr$its =-- 7,a7 in/all+ a flood op5+2 7,b7 elevat+ su* a prop]ty onto a po/1 pile1 or pi]2 & 7,c7 elevat+ ma*9]y & equipm5t above ! l[e/ floor ( su* a prop]ty4 7#b7 ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 e/abli% a tool t all[s memb]s ( ! public to e/imate premium rates = cov]$ prop]ties "u ! ,risk ,rat+ #b4j program 7or any simil> me?odology7 )9 a reasonable m>g9 ( error bas$ on us] inputs1 :i* %all include a me*anism = det]m9+ h[ ! premium rates = a cov]$ prop]ty w\ld *ange bas$ on tak+ a p>ticul> mitigation action1 includ+ an action describ$ 9 subp>agraph 7,a71 7,b71 or 7,c7 ( p>agraph 7#a7 ) respect to ! cov]$ prop]ty4 7#c7 ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 & annually !reaft]1 publi% onl9e1 = ea* ,/ate1 c\nty1 & ,,zip ,code 9 ! ,unit$ ,/ates1 a di/ribution %[+ ! m$ian1 mean1 l[] & upp] qu>tiles1 maximum1 & m9imum-- 7,a7 premium rates2 & 7,b7 full risk premium rates "u section #acjg7;a77#a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djad7;a77#a771 z am5d$ by ?is ,act4 #bac4 ,consid]ation ( mitigation projects 9 flood insurance premium rates 7a7 ,e/imat$ rates ,section #acjg7;a77#a77;,a77ii7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djad7;a77#a77;,a77ii771 z am5d$ by section #bjg7;b77#a7 ( ?is ,act1 is am5d$ by ins]t+ aft] section #acbg ! foll[+3 1 & any mitigation project c>ri$ out by ! ,army ,corps ( ,eng9e]s or "u ! community developm5t block grant program = disa/] recov]y or mitigation1 section #bjc or #bje ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eacc1 #eace71 or ! ,build+ ,resili5t ,infra/ructure & ,communities program ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy4 7b7 ,*>geable rates ,section #acjh7;b77#a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7;b77#a771 z am5d$ by section #bjg7;b77#b7 ( ?is ,act1 is am5d$ by ins]t+ aft] section #acbg ! foll[+3 1 & any mitigation project c>ri$ out by ! ,army ,corps ( ,eng9e]s or "u ! community developm5t block grant program = disa/] recov]y or mitigation1 section #bjc or #bje ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eacc1 #eace71 or ! ,build+ ,resili5t ,infra/ructure & ,communities program ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy4 ,,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 ( ! date ( enactm5t ( ?is ,act1 includ+ am\nts borr[$ aft] ! date ( enactm5t ( ?is ,act t ref9ance debts t exi/$ be=e ! date ( enactm5t ( ?is ,act4 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 7a7 at ! "t at :i* ^? int]e/ paym5ts w\ld h o!rwise be5 paid1 :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 ,?ird-p>ty s]vice provid] 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 ?ird-p>ty s]vice provid]s1 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 #cjd4 ,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 ,code 7commonly kn[n z ! ,privacy ,act ( #aigd72 7,f7 review ! co/s ( rese>*+1 develop+1 & produc+ previ\s releases ( cov]$ claims data & id5tify if releas+ ?is data has b5efitt$ ! ,national ,flood ,insurance ,program 9 a tangible way t b5efits policyhold]s2 & 7,g7 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 #cje4 ,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 ( ! ,national ,flood ,insurance ,program ,reau?orization & ,re=m ,act ( #bjbc1 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 #cjf4 ,multiple /ructure mitigation ,section #acjh;,a7a7 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae;a7a77 is am5d$-- 7#a7 9 ! fir/ s5t5ce1 by /rik+ ,! ,adm9i/rator & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! ,adm9i/rator 2 & 7#b7 by add+ at ! end ! foll[+3 7#b7 ,relief = small bus9esses & nonpr(its 7,a7 ,def9ition ,9 ?is p>agraph1 ! t]m cov]$ small bus9ess or nonpr(it organization means a small bus9ess conc]n 7z def9$ 9 section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb77 or an organization t is describ$ 9 section #eja7;c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf & is exempt f taxation "u section #eja7;a7 ( su* ,code t owns n few] ?an #c /ructures t are locat$ on a s+le prop]ty4 7,b7 ,relief ,! ,adm9i/rator may n impose a sur*>ge "u ?is section = a policy = flood insurance cov]age "u ! ,national ,flood ,insurance ,program = a cov]$ small bus9ess conc]n or nonpr(it organization ) respect to m ?an #b deta*$ units or build+s locat$ on a s+le prop]ty if ! cov]$ small bus9ess or nonpr(it organization c]tifies to ! ,adm9i/rator t ! sav+s f ! sur*>ge n be+ impos$ %all be us$ = flood mitigation on ! prop]ty on :i* ! units or build+s are locat$4 7,c7 ,rules ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is p>agraph1 ! ,adm9i/rator %all issue rules e/abli%+ ! process = submitt+ a c]tification describ$ 9 subp>agraph 7,b74 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 #djai71 z am5d$ by section #ajf7;b71 is am5d$ by ins]t+ aft] subsection 7c7 ! 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-- 7i7 caus$ by ! horizontal pressure f /&+ or sl[-mov+ floodwat] 7commonly kn[n z hydro/atic pressure72 7ii7 caus$ by ! =ce ( floodwat] t causes ! v]tical uplift f ! und]side ( a horizontal f\ndation compon5t1 su* z a concrete slab1 foot]1 or /ructural floor assembly 7commonly kn[n z buoyancy72 7iii7 caus$ by 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 caus$ by 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 o!rwise caus$ by flood4 7#c7 ,m9imum /&>ds = eng9e]+ reports ,! ,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 t-- 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 are consi/5t ) g5]ally accept$ practices 9-- 7,i7 ! field ( =5sic eng9e]+2 & 7,,ii7 ! insurance indu/ry4 7#d7 ,docum5tation ( condition ( f\ndation 7,a7 ,9 g5]al ,if ! hold] ( a policy = flood insurance cov]age made available "u ?is title docum5ts ! condition ( ! f\ndation ( a /ructure cov]$ by ! policy ) a photograph1 video record+1 or o!rwise1 & submits ! docum5tation to ! ,adm9i/rator or ! ,write ,y\r ,own ,company t sold ! policy1 z applicable1 ! ,adm9i/rator or ,write ,y\r ,own ,company1 respectively1 %all keep ! docum5tation & use ! docum5tation :5 adju/+ a claim t arises "u ! policy4 7,b7 ,notice to policyhold]s ,! ,adm9i/rator %all notify a policyhold]1 :5 ! policyhold] pur*ases or r5ews a flood insurance policy sold "u ?is title1 t ! policyhold] may docum5t ! condition ( ! f\ndation ( a /ructure cov]$ by ! policy 9 accordance ) subp>agraph 7,a74 7#e7 ,rule ( con/ruction ,no?+ 9 ?is subsection may be con/ru$ to modify ! t]ms & conditions ( ! /&>d flood insurance policy4 4 7#b7 ,application ,! am5dm5t 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 (f] an optional rid] to a contract = flood insurance made available "u ?is title t cov]s ! basem5t ( a pre-,,firm condom9ium build+ t 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 ins]t+ aft] subsection 7d7 ! 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 reasonabl5ess1 & degree ( damage ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by subsection 7a71 is am5d$ by ins]t+ aft] subsection 7e7 ! 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 ,enhanc$ policyhold] appeals process 7#a7 ,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 ,appeal ( decisions relat+ to flood insurance cov]age 7a7 ,def9ition ,9 ?is section1 ! t]m ,(fice1 except z o!rwise specifi$1 means ! ,indep5d5t ,(fice = ,policyhold] ,appeals e/abli%$ "u subsection 7b74 7b7 ,indep5d5t ,(fice = ,policyhold] ,appeals ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is section1 ! ,adm9i/rator %all e/abli% an ,indep5d5t ,(fice = ,policyhold] ,appeals to provide = a non-adv]s>ial & fair adm9i/rative review ( appeals submitt$ "u subsection 7c77#a74 7c7 ,appeals process 7#a7 ,"r to appeal ,a policyhold] ( a flood insurance policy issu$ "u ! national flood insurance program may appeal ! d5ial ( a claim aris+ "u ! policy 9 writ+ to ! ,(fice n lat] ?an #a ye> aft] receipt ( ! d5ial4 7#b7 ,exhau/ion ( adm9i/rative appeals requir$ be=e fil+ civil action ,a policyhold] ( a flood insurance policy issu$ "u ! national flood insurance program may n in/itute an action on a d5i$ claim aris+ "u ! policy aga9/ ! ,adm9i/rator 9 a ,unit$ ,/ates di/rict c\rt "u section #accc or #acda1 z applicable1 unless ! policyhold] has exhau/$ ! appeals process "u ?is section4 7d7 ,duties & responsibilities ,9 adm9i/]+ appeals submitt$ "u subsection 7c77#a71 ! ,(fice %all-- 7#a7 issue f9al appeal decisions ?r\gh an appeal process e/abli%$ by ! ,(fice2 7#b7 dissem9ate in=mation to appellants conc]n+ ! in=mation t an appellant may include 9 ! appeal submissions2 7#c7 provide an appellant ) an opportunity to discuss any issue on appeal ) a claims exp]t 9 ! ,(fice2 7#d7 provide aggregat$ appeals data to ! ,(fice ( ! ,flood ,insurance ,advocate = use 9 fulfill+ ! duties & responsibilities ( t (fice "u section #bd7;b7 ( ! ,home[n] ,flood ,insurance ,af=dability ,act ( #bjad 7#db ,u4,s4,c4 #djcc7;b772 & 7#e7 publi% f9al appeal decisions to a public-fac+ website-- 7,a7 to in=m ! public2 & 7,b7 = aw>5ess to support transp>5cy & tra9+ = ,write ,y\r ,own ,companies & contractors ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy4 7e7 ,regulations 7#a7 ,9 g5]al ,= purposes ( implem5t+ ! appeals process "u ?is section1 ! ,adm9i/rator may promulgate new regulations or use regulations t 7 9 effect on ! date ( enactm5t ( ?is section1 except t-- 7,a7 ! ,adm9i/rator may n decl>e any appeal ineligible if ! policyhold] submits ! appeal to ! ,(fice n lat] ?an #a ye> aft] ! date on :i* ! policyhold] receives ! d5ial ( ! applicable claim1 z requir$ "u subsection 7c77#a72 7,b7 ^u receiv+ all in=mation necess>y to complete an appeal1 ! ,(fice %all notify ! appellant t ! ,(fice w make a f9al decision n lat] ?an #ij days aft] receipt ( t in=mation2 & 7,c7 n lat] ?an #ij days aft] receipt ( all in=mation necess>y to complete an appeal1 ! ,(fice %all make a f9al decision on ! appeal4 7#b7 ,en=cem5t ( f9al decision deadl9e ,if ! ,(fice does n comply ) ! deadl9e "u p>agraph 7#a77;,c7 ) respect to an appeal1 & ! policyhold] t br\ght ! appeal is ultimately successful1 ! ,adm9i/rator %all pay to ! policyhold] int]e/ on ! claim t is ! subject ( ! appeal1 :i* %all-- 7,a7 beg9 accru+ on ! date on :i* ! policyhold] submits ! 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 ,all in=mation necess>y ,= purposes ( p>agraph 7#a71 ! t]m all in=mation necess>y includes in=mation obta9$ f a physical re9spection ( ! prop]ty or f an exp]t report1 if t in=mation is ne$$ 9 ord] to complete ! review ( ! appeal4 7#d7 ,liability protection ,no cause ( action %all lie or be ma9ta9$ 9 any c\rt aga9/ ! ,unit$ ,/ates1 & any su* action %all be promptly dismiss$1 = violation ( ! notification requirem5t "u p>agraph 7#a77;,b74 4 7#b7 ,effective date = new appeals process ,subsection 7c7 ( section #acdi ( ! ,national ,flood ,insurance ,act ( #aifh1 z add$ by p>agraph 7#a71 %all take effect on ! date t is #ahj days aft] ! date ( enactm5t ( ?is ,act4 7b7 ,repeal & transf] 7#a7 ,9 g5]al ,effective on ! date t is #ahj days aft] ! date ( enactm5t ( ?is ,act1 section #bje ( ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7#db ,u4,s4,c4 #djaa note2 ,public ,law #ajh-bfd7 is repeal$1 & any appeals t 7 p5d+ be=e ! ,adm9i/rator "u t section on ! day be=e t effective date %all be transf]r$ to ! ,indep5d5t ,(fice = ,policyhold] ,appeals e/abli%$ "u section #acdi ( ! ,national ,flood ,insurance ,act ( #aifh 7z add$ by subsection 7a77 = disposition "u su* section #acdi4 7#b7 ,te*nical & con=m+ am5dm5ts 7,a7 ,table ( cont5ts ,! table ( cont5ts = ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7,public ,law #ajh-bfd2 #aah ,/at4 #gab7 is am5d$ by /rik+ ! item relat+ to section #bje4 7,b7 ,o!r am5dm5t ,section #bjd7;a77#c7 ( ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7#db ,u4,s4,c4 #djaa note2 ,public ,law #ajh-bfd7 is am5d$ by /rik+ section #bje & ins]t+ section #acdi ( ! ,national ,flood ,insurance ,act ( #aifh4 7c7 ,judicial review re=m 7#a7 ,gov]nm5t ,program ,) ,indu/ry ,assi/ance ,section #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djgb7 is am5d$-- 7,a7 by /rik+ ,9 ! ev5t ! program & ins]t+ ! foll[+3 7a7 ,9 g5]al ,if ! program 2 7,b7 9 subsection 7a71 z s designat$-- 7i7 by ins]t+ or ! ,adm9i/rator's fiscal ag5t aft] ^u ! disall[ance by ! ,adm9i/rator2 & 7ii7 by /rik+ )9 "o ye> aft] ! date ( mail+ ( notice ( disall[ance or p>tial disall[ance by ! ,adm9i/rator1 may in/itute an action aga9/ ! ,adm9i/rator on su* claim & ins]t+ n lat] ?an #a ye> aft] exhau/+ available adm9i/rative rem$ies1 may in/itute an action aga9/ ! insur] on su* claim2 & 7,c7 by add+ at ! end ! foll[+3 7b7 ,exhau/ion ( adm9i/rative rem$ies 7#a7 ,9 g5]al ,= ! purposes ( subsection 7a71 a claimant exhau/s available adm9i/rative rem$ies if-- 7,a7 ! claimant submits an appeal & complies ) all requirem5ts ( ! appeal process e/abli%$ "u section #acdi & o!r applicable requirem5ts2 & 7,b7 ! ,adm9i/rator-- 7i7 issues a f9al decision on ! appeal t p>tially or fully concurs ) ! insur]'s disall[ance or p>tial disall[ance ( ! claim2 or 7ii7 makes no f9d+ reg>d+ ! appeal by ! date t is #ij days aft] ! date on :i* ! ,adm9i/rator ackn[l$ges receipt & acceptance ( ! appeal4 7c7 ,limitations 7#a7 ,issues rais$ on appeal ,an action may n be in/itut$ "u ?is section = any issue ( a claim t 0 n pres5t$ to ! ,adm9i/rator on appeal4 7#b7 ,weight ( ,adm9i/rator's disposition ,= purposes ( ?is section1 disposition ( an appeal by ! ,adm9i/rator %all n be compet5t evid5ce ( liability or ! am\nt ( damages4 4 7#b7 ,indu/ry program ) ,f$]al f9ancial assi/ance ,section #accc ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djec7 is am5d$-- 7,a7 by /rik+ ,! insurance companies & o!r insur]s & ins]t+ ! foll[+3 7a7 ,9 g5]al ,! insurance companies & o!r insur]s 2 7,b7 9 subsection 7a71 z s designat$1 by /rik+ )9 "o ye> aft] ! date ( mail+ ( notice ( disall[ance or p>tial disall[ance ( ! claim1 may in/itute an action on su* claim aga9/ su* company or o!r insur] & ins]t+ n lat] ?an #a ye> aft] exhau/+ available adm9i/rative rem$ies1 may in/itute an action on ! claim aga9/ ! company or o!r insur]2 & 7,c7 by add+ at ! end ! foll[+3 7b7 ,exhau/ion ( adm9i/rative rem$ies ,= ! purposes ( subsection 7a71 a claimant exhau/s available adm9i/rative rem$ies if-- 7#a7 ! claimant submits an appeal & complies ) all requirem5ts ( ! appeal process e/abli%$ "u section #acdi & o!r applicable requirem5ts2 & 7#b7 ! ,adm9i/rator-- 7,a7 issues a f9al decision on ! appeal t p>tially or fully concurs ) ! insur]'s disall[ance or p>tial disall[ance ( ! claim2 or 7,b7 makes no f9d+ reg>d+ ! appeal by ! date t is #ij days aft] ! date on :i* ! ,adm9i/rator ackn[l$ges receipt & acceptance ( ! appeal4 7c7 ,limitations 7#a7 ,issues rais$ on appeal ,an action may n be in/itut$ "u ?is section = any issue ( a claim t 0 n pres5t$ to ! ,adm9i/rator on appeal4 7#b7 ,weight ( ,adm9i/rator's disposition ,= purposes ( ?is section1 disposition ( an appeal by ! ,adm9i/rator %all n be compet5t evid5ce ( liability or ! am\nt ( damages4 4 #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 ,und]paym5ts & ov]paym5ts 7#a7 ,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 7#b7 ,safe h>bor = c]ta9 ov]paym5ts ,! ,adm9i/rator may n impose a p5alty on ! pool or an insurance company or o!r private organization describ$ 9 subsection 7a7 = ov]paym5t ( a claim ( a policyhold] = reasons describ$ 9 p>agraph 7#a7 ( ?is subsection if-- 7,a7 ! ov]paym5t 0 n 9 bad fai?2 & 7,b7 ! am\nt ( ! ov]paym5t 0 n m ?an #d p]c5t ( ! cov]age limit ( ! policy4 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 p5alties impos$ by ! ,adm9i/rator "u subsection 7c77#a74 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 ins]t+ aft] subsection 7f7 ! 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 ! claim file ( ! insurance company ) respect to ! claim1 9 accordance ) ! memor&um issu$ by ! ,adm9i/rator on ,june #a1 #bjah1 entitl$ ,guidance = ! ,release ( ,claim ,file ,in=mation to ,policyhold]s 7,,wyo ,bullet9 ,w-#ahjab7 7or any successor docum5t72 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 ,t]m9ation ( c]ta9 contracts "u ! ,national ,flood ,insurance ,program 7a7 ,9 g5]al ,"p ,c ( *apt] ,,ii ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djha et seq471 z am5d$ by section #djd1 is am5d$ by add+ at ! end ! foll[+3 #acej4 ,t]m9ation ( contracts 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m cov]$ entity means any attorney1 law firm1 consultant1 or ?ird-p>ty company t provides s]vices to a ,write ,y\r ,own company2 & 7#b7 ! t]m ,write ,y\r ,own company means a company p>ticipat+ 9 ! coop]ative und]tak+ betwe5 ! insurance indu/ry & ! ,f$]al ,insurance & ,mitigation ,adm9i/ration t all[s p>ticipat+ prop]ty & casualty insurance companies to write & s]vice /&>d flood insurance policies4 7b7 ,t]m9ation 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ! ,adm9i/rator may t]m9ate a contract or o!r agreem5t betwe5 a cov]$ entity & a ,write ,y\r ,own company if ! ,adm9i/rator-- 7,a7 det]m9es t ! cov]$ entity has engag$ 9 conduct t is detrim5tal to ! flood insurance program au?oriz$ "u *apt] ,i2 & 7,b7 n lat] ?an #ad days be=e t]m9at+ ! contract or o!r agreem5t1 provides notice to ! cov]$ entity ( ! t]m9ation4 7#b7 ,appeal ,! ,adm9i/rator %all e/abli% a process = a cov]$ entity to appeal a t]m9ation ( a contract or o!r agreem5t "u p>agraph 7#a74 7#c7 ,e>ly t]m9ation pay\ts ,! ,adm9i/rator or a ,write ,y\r ,own company is n requir$ to make any e>ly t]m9ation pay\t to a cov]$ entity ) respect to a contract or agreem5t ) ! ,write ,y\r ,own company t ! ,adm9i/rator t]m9ates "u p>agraph 7#a74 4 7b7 ,effective date2 applicability ,! am5dm5t made by subsection 7a7 %all-- 7#a7 take effect on ! date ( enactm5t ( ?is ,act2 & 7#b7 apply to any contract or o!r agreem5t betwe5 a cov]$ entity & a ,write ,y\r ,own company 7z ^? t]ms are def9$ 9 section #acdi7;a7 ( ! ,national ,flood ,insurance ,act ( #aifh1 z add$ by subsection 7a77 ent]$ into on or aft] ! date ( enactm5t ( ?is ,act4 #djh4 ,deadl9e = claim process+ 7a7 ,9 g5]al ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by section #djf7;a71 is am5d$ by ins]t+ aft] subsection 7g7 ! foll[+3 7h7 ,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$ ! 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$4 7#c7 ,deadl9e toll$ dur+ c]ta9 communication ) policyhold] ,! deadl9e "u p>agraph 7#a7 %all be toll$ dur+ any p]iod dur+ :i* ! ,adm9i/rator or a ,write ,y\r ,own ,company is try+ to obta9 m in=mation f a policyhold] reg>d+ a claim made by ! policyhold]1 or is o!rwise work+ ) a policyhold] to develop su* a claim4 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 #dji4 ,no manipulation ( eng9e] reports ,section #acab ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djai71 z am5d$ by section #djh7;a71 is am5d$ by ins]t+ aft] subsection 7h7 ! foll[+3 7i7 ,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 #daj4 ,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 #daa4 ,flood insurance cont9u+ education & tra9+ 7a7 ,9 g5]al ,! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7,public ,law #ajh-bfd2 #aah ,/at4 #gab7 is am5d$-- 7#a7 9 section #bja 7#db ,u4,s4,c4 #djaa note7-- 7,a7 9 p>agraph 7#a71 by /rik+ ,director ( ! & ins]t+ ,adm9i/rator ( !2 & 7,b7 9 p>agraph 7#b71 by ins]t+ #djja aft] ,u4,s4,c42 & 7#b7 by /rik+ section #bjg 7#db ,u4,s4,c4 #djaa note7 & ins]t+ ! foll[+3 #bjg4 ,cont9u+ education requirem5ts = insurance ag5ts 7a7 ,9 g5]al ,! ,director %all require ea* insurance ag5t :o sells flood insurance policies "u ! ,program to1 once e #b ye>s1 complete a #c-;h\r cont9u+ education c\rse t-- 7#a7 subject to subsection 7c71 is approv$ by ! insurance commission] ( ! ,/ate 9 :i* ! ag5t is a legal resid5t2 & 7#b7 focuses on issues ) respect to ! ,program4 7b7 ,failure ,to complete c\rse ,if an insurance ag5t :o sells flood insurance policies does n complete a cont9u+ education c\rse requir$ "u subsection 7a71 ! ag5t1 until ! date on :i* ! ag5t completes ! c\rse 9 accordance ) ! requirem5ts ( ?is section1 may n-- 7#a7 sell flood insurance policies2 or 7#b7 p]=m any duties ) respect to ! ,program4 7c7 ,ag5ts lic5s$ 9 multiple ,/ates 7#a7 ,9 g5]al ,if an insurance ag5t :o sells flood insurance policies is lic5s$ to sell insurance 9 m ?an #a ,/ate-- 7,a7 ! ag5t %all submit pro( ( completion ( a cont9u+ education c\rse requir$ "u subsection 7a7 to ! insurance commission] ( ea* ,/ate 9 :i* ! ag5t is lic5s$2 & 7,b7 ea* insurance commission] to :om an insurance ag5t submits a pro( ( completion "u subp>agraph 7,a7 may det]m9e :e!r ! c\rse to :i* t pro( ( completion relates meets ! m9imum /&>ds e/abli%$ by t insurance commission]4 7#b7 ,effect ( d5ial ,if an insurance commission] ( a ,/ate 7ref]r$ to 9 ?is p>agraph z ! reject+ commission]7 det]m9es "u p>agraph 7#a77;,b7 t a cont9u+ education c\rse tak5 9 ano!r ,/ate by an insurance ag5t :o sells flood insurance policies does n meet ! m9imum /&>ds e/abli%$ by ! reject+ commission]1 ! insurance ag5t may n take any action describ$ 9 p>agraph 7#a7 or 7#b7 ( subsection 7b7 until ! ag5t satisfies ! m9imum requirem5ts e/abli%$ by ! reject+ commission]4 7d7 ,rule ( con/ruction ,any ref]5ce 9 ?is section to an insurance commission] ( a ,/ate %all be con/ru$ z a ref]5ce to an equival5t (ficial ) respect to any ,/ate 9 :i* !re is no (ficial :o has ! title ( insurance commission]4 4 7b7 ,te*nical & con=m+ am5dm5t ,! table ( cont5ts = ! ,bunn+-,b]eut]-,blum5au] ,flood ,insurance ,re=m ,act ( #bjjd 7,public ,law #ajh-bfd2 #aah ,/at4 #gab7 is am5d$ by /rik+ ! item relat+ to section #bjg & ins]t+ ! foll[+3 ,sec4 #bjg4 ,cont9u+ education requirem5ts = insurance ag5ts4 4 #dab4 ,%ift+ ( attorney fees & o!r exp5ses ,section #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djgb71 z am5d$ by section #djd7;c71 is am5d$ by add+ at ! end ! foll[+3 7d7 ,attorney fees & o!r exp5ses ,a ,write ,y\r ,own ,company aga9/ :i* an action is in/itut$ "u ?is subsection %all be consid]$ an ag5cy ( ! ,unit$ ,/ates = ! purposes ( section #bdab7;d7 ( title #bh1 ,unit$ ,/ates ,code4 4 #dac4 ,,doj def5se aga9/ policyhold] lawsuits ,subsection 7b7 ( section #acda ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djgb71 z add$ by section #djd7;c71 is am5d$ by add+ at ! end ! foll[+3 7#b7 ,repres5tation by ,dep>tm5t ( ,ju/ice ,if a claimant in/itutes an action "u ?is section-- 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 #dad4 ,re=m+ use ( pro( ( loss =ms 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 ins]t+ aft] subsection 7i7 ! foll[+3 7j7 ,no condition ( paym5t ( undisput$ claim on pro( ( loss 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 or any t]m or condition ( a /&>d flood insurance policy1 ! ,adm9i/rator-- 7,a7 may n condition paym5t ( an undisput$ claim bas$ on ! submission ( a pro( ( loss2 & 7,b7 may in/ead accept a report submitt$ by ! insurance adju/] ! ,adm9i/rator hires to inve/igate ! claim1 if ! report is sign$ by ! policyhold]1 unless ! ,adm9i/rator det]m9es t conditions make signature impracticable4 7#b7 ,refusal to accept am\nt paid ,^u ! refusal ( a policyhold] to accept ! am\nt paid "u p>agraph 7#a71 ! ,adm9i/rator may require ! policyhold] to submit a pro( ( loss )9 a timeframe det]m9$ by ! ,adm9i/rator4 4 7b7 ,guidance to def5se attorneys ,! ,adm9i/rator %all issue guidance = be/ practices = attorneys def5d+ actions in/itut$ "u section #accc or #acda1 z applicable1 ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djec1 #djgb7 7z am5d$ by section #djd7;c77 relat+ to h[ to respond to un9t5tional errors 9 a pro( ( loss submitt$ by a policyhold] "u ! ,national ,flood ,insurance ,policy4 #dae4 ,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 #djg1 is am5d$ by add+ at ! end ! foll[+3 #acea4 ,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 #aa 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/ry2 & 7ix7 #a ( :om %all be a repres5tative ( a recogniz$ consum] protection gr\p4 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 7ix7 ( 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$]al ,advisory ,committee ,act ,section #ajac ( title #e1 ,unit$ ,/ates ,code1 %all n apply to ! ,c\ncil4 4 #daf4 ,disclosure ( flood risk in=mation prior to 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 #acbg4 ,disclosure ( flood risk in=mation prior to transf] ( prop]ty 7a7 ,9 g5]al ,aft] ,septemb] #cj1 #bjbd1 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] (-- 7i7 any prior physical damage caus$ by flood to a /ructure locat$ on ! prop]ty2 7ii7 any prior insurance claim = a loss cov]$ "u ! national flood insurance program or private flood insurance ) respect to ! prop]ty2 7iii7 any 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 any ,f$]al legal obligation to obta9 & ma9ta9 flood insurance runn+ ) ! prop]ty2 7v7 :e!r ! prop]ty is locat$ 9 a wetl&2 7vi7 :e!r a ,national ,flood ,insurance ,program ,elevation ,c]tificate has be5 complet$ = ! prop]ty2 & 7vii7 :e!r ! prop]ty has receiv$ disa/] assi/ance f ! ,f$]al ,em]g5cy ,managem5t ,ag5cy1 ! ,small ,bus9ess ,adm9i/ration1 or ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t2 7,c7 discloses to ! maximum ext5t feasible1 9 a mann] to be det]m9$ by ! ,adm9i/rator-- 7i7 ! relative flood risk associat$ ) ! prop]ty z indicat$ 9 flood haz>d data ma9ta9$ by ! ,adm9i/rator "u ?is title2 & 7ii7 ! availability ( & approximate co/ ( flood insurance = ! prop]ty2 & 7,d7 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$-- 7#a7 9 p>agraph 7#a71 by /rik+ 1 & at ! end & ins]t+ a semicolon2 7#b7 9 p>agraph 7#b71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7#c7 by add+ at ! end ! foll[+3 7#c7 giv5 satisfactory assurance t1 n lat] ?an ,octob] #a1 #bjbd1 prop]ty flood haz>d disclosure requirem5ts w h be5 adopt$ = ! area 7or subdivision7 t meet ! requirem5ts ( section #acbg4 4 #dag4 ,grace p]iod = r5ewal ( cov]age at r5ewal (f] rate ,section #acjh ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djae7 is am5d$ by add+ at ! end ! foll[+3 7n7 ,grace p]iod = r5ewal ( cov]age at r5ewal (f] rate ,not)/&+ section #acjg7;g77#a71 if a policyhold] r5ews a policy = flood insurance "u ?is title n lat] ?an #ij days aft] ! date on :i* ! policy laps$ 9 cov]age1 ! ,adm9i/rator %all *>ge ! same rate = ! policy t ! ,adm9i/rator w\ld h *>g$ if ! policyhold] _h r5ew$ ! policy be=e ! lapse 9 cov]age4 4