,,ii  #aah? ,,congress  #a/ ,session    
,s4 #bheb  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #ai1 #bjbc   
,mr4 ,scott ( ,florida introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,bank+1 ,h\s+1 &     
,urban ,affairs  ,a ,,bill  ,to e/abli% 
a grace p]iod = nonpaym5t ( premiums =  
flood insurance cov]age "u ! national   
flood insurance program until !         
,adm9i/rator ( ! ,f$]al ,em]g5cy        
,managem5t ,ag5cy implem5ts ! option =  
mon?ly paym5t ( su* premiums1 & = o!r   
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,flood ,insurance          
,af=dability ,act4  #b4 ,grace p]iod =  
flood insurance cov]age  7a7 ,au?ority  
,to susp5d premium paym5ts ,dur+ ! p]iod
 t beg9s on ! date ( enactm5t ( ?is ,act
 & ends #cj days aft] ! date on :i* !   
,adm9i/rator ( ! ,f$]al ,em]g5cy        
,managem5t ,ag5cy fir/ makes available  
to policyhold]s ( flood insurance       
cov]age "u ! national flood insurance   
program a mon?ly premium paym5t option =

 flood insurance cov]age 9 compliance ) 
section #acjh7;g7 ( ! ,national ,flood  
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7;g771 any new & exi/+ policyhold]s
 to :i* su* section #acjh7;g7 applies   
%all rema9 cov]$ "u su* a flood         
insurance policy not)/&+ ! nonpaym5t (  
premiums to cov] t p]iod4  7b7 ,rec\pm5t
 ( unpaid premium am\nts ,! ,adm9i/rator
 ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy  
%all provide t1 aft] ! expiration ( !   
p]iod ref]r$ to 9 subsection 7a71 !re   
%all be assess$ on ea* policyhold] :o   
elects to pay flood insurance cov]age   
premiums on a mon?ly basis pursuant to  
section #acjh7;g7 ( ! ,national ,flood  
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7;g77 an extra mon?ly fee 9 an     
am\nt calculat$ by ! ,adm9i/rator to    
recov]1 on a cumulative basis1 ! am\nt (
 premiums unpaid pursuant to subsection 
7a74  7c7 ,o!r grace p]iods ,! grace    
p]iod "u subsection 7a7 = nonpaym5t (   
premiums %all be 9 addition to any o!r  
grace p]iod provid$ = "u a policy =     

flood insurance cov]age "u ! national   
flood insurance program4  #c4           
,prohibition on fees associat$ ) mon?ly 
paym5ts ,section #acjh7;g7 ( ! ,national
 ,flood ,insurance ,act ( #aifh 7#db    
,u4,s4,c4 #djae7;g77 is am5d$ by /rik+  
annually or mon?ly4 & ins]t+ annually or
 mon?ly1 & may n apply any fee or       
additional *>ge ) respect to a          
policyhold] :o *ooses to make mon?ly    
paym5ts comp>$ to a policyhold] :o      
*ooses to make paym5ts annually44