,,ii  #aah? ,,congress  #a/ ,session    
,s4 #gba  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,m>* #h1 #bjbc,mrs4    
,hyde-,smi? 7= h]self1 ,mr4 ,cruz1 ,mr4 
,k5n$y1 & ,mr4 ,cassidy7 introduc$ !    
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,bank+1 ,h\s+1 &     
,urban ,affairs  ,a ,,bill  ,to p]mit   
policyhold]s "u ! ,national ,flood      
,insurance ,program to elect to h       
previ\s premium rates rema9 9 effect    
until ! ,adm9i/rator ( ! ,f$]al ,em]g5cy
 ,managem5t ,ag5cy satisfies c]ta9      
conditions1 & = o!r purposes4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,home[n] ,flood ,insurance ,transp>5cy &
 ,protection ,act4  #b4 ,*>geable       
premium rates  7a7 ,def9itions ,9 ?is   
section-- 7#a7 ! t]m ,adm9i/rator means 
! ,adm9i/rator ( ! ,f$]al ,em]g5cy      
,managem5t ,ag5cy2 &  7#b7 ! t]m        
,national ,flood ,insurance ,program    
means ! program e/abli%$ "u ! ,national 
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djja et seq474  7b7 ,option =

 policyhold]s  7#a7 ,9 g5]al ,not)/&+   
section #acjh ( ! ,national ,flood      
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae71 a policyhold] "u ! ,national    
,flood ,insurance ,program may elect to 
h ! *>geable premium rate = ! applicable
 prop]ty ( ! policyhold]1 z 9 effect on 
,april #a1 #bjbj1 apply & rema9 9 effect
 dur+ ! p]iod beg9n+ on ! date (        
enactm5t ( ?is ,act & end+ on ! date on 
:i* ! ,adm9i/rator completes all ( !    
actions describ$ 9 subsection 7c71 )\t  
reg>d to ! *>geable premium rate t is 9 
effect = t prop]ty1 z ( ! day be=e !    
date ( enactm5t ( ?is ,act4  7#b7       
,notification requirem5t ,! ,adm9i/rator
 %all provide ea* policyhold] "u !      
,national ,flood ,insurance ,program a  
notification reg>d+ ! "r ( ! policyhold]
 "u p>agraph 7#a74  7c7 ,requir$ actions
 ,! actions ( ! ,adm9i/rator describ$ 9 
?is subsection are z foll[s3 7#a7 ,makes
 available to ! public all data & me?ods
 us$ to prescribe *>geable premium rates
 = types & classes ( prop]ties = :i*    

insurance cov]age is available "u !     
,national ,flood ,insurance ,act ( #aifh
 7#db ,u4,s4,c4 #djja et seq47 7ref]r$  
to 9 ?is subsection z *>geable premium  
rates7 "u ,risk ,rat+ #b4j1 or any      
sub/antially simil> me?odology4  7#b7   
,creates an onl9e database t is         
available to policyhold]s "u ! ,national
 ,flood ,insurance ,program t provides  
ea* su* policyhold] ) in=mation reg>d+  
:at ! *>geable premium rate = !         
applicable prop]ty ( ! policyhold] w\ld 
be-- 7,a7 "u ,risk ,rat+ #b4j1 or any   
sub/antially simil> me?odology2 &  7,b7 
assum+ t ! limitation "u section        
#acjh7;e7 ( ! ,national ,flood          
,insurance ,act ( #aifh 7#db ,u4,s4,c4  
#djae7;e77 7 n 9 effect4  7#c7          
,completes & publi%es 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 non-,f$]al ,gov]nm5t    
rev5ues4  7#d7 ,supplem5ts 7& revises1 z
 appropriate7 ! ,record ( ,decision = ! 
f9al nationwide programmatic            
environm5tal impact /atem5t evaluat+ !  
environm5tal impacts ( propos$          
modifications to ! ,national ,flood     
,insurance ,program 7#hc ,f$4 ,reg4     
#bdcbh7 to include ! impacts ( implem5t+
 ,risk ,rat+ #b4j1 or any sub/antially  
simil> me?odology4  7#e7 ,demon/rates t 
! data & me?ods us$ to prescribe        
*>geable premium rates "u ,risk ,rat+   
#b4j1 or any sub/antially simil>        
me?odology1 satisfy ! requirem5ts "u    
section #eae ( ! ,consolidat$           
,appropriations ,act1 #bjja 7,public    
,law #ajf-eed2 #aad ,/at4               
#bgfc;,a-#aec71 includ+ t1 9 implem5t+ t
 me?odology1 ! ,adm9i/rator ensures &   
maximizes ! quality1 objectivity1       

utility1 & integrity ( in=mation        
dissem9at$ by ! ,adm9i/rator4  7#f7     
,conducts public notice & comm5t rule   
mak+ "u *apt] #e ( title #e1 ,unit$     
,/ates ,code1 reg>d+ ,risk ,rat+ #b4j1  
or any sub/antially simil> me?odology1  
:i* %all include ! developm5t ( a fair1 
transp>5t1 & /reaml9$ process to        
manage-- 7,a7 disputes ov] *>geable     
premium rates2 &  7,b7 o!r factors )    
respect to ! implem5tation ( t          
me?odology4  7#g7 ,= ea* c\nty 9 !      
,unit$ ,/ates1 publi%es ! di/ribution ( 
*>geable premium rates %[+ ! m$ian1     
mean1 l[] & upp] qu>tiles1 maximum      
am\nt1 & m9imum am\nt ( *>geable premium
 rates "u ea* ( ! foll[+3 7,a7 ,! me?od 
us$ to prescribe *>geable premium rates1
 z ( ,septemb] #cj1 #bjba4  7,b7 ,!     
me?odology project$ to be us$ to        
prescribe *>geable premium rates1 z (   
,april #a1 #bjbb1 assum+ t ! limitations
 "u section #acjh7;e7 ( ! ,national     
,flood ,insurance ,act ( #aifh 7#db     
,u4,s4,c4 #djae7;e77 are appli$4  7,c7  

,! me?odology describ$ 9 subp>agraph    
7,b71 assum+ t ! limitations describ$ 9 
t subp>agraph are n appli$4  7,d7 ,!    
me?odology describ$ 9 subp>agraph 7,b71 
assum+ t-- 7i7 ! limitations describ$ 9 
t subp>agraph are appli$2 &  7ii7 !     
adm9i/rative co/s ( ! ,national ,flood  
,insurance ,program are allocat$ on a   
uni=m1 p] contract basis r ?an z        
allocat$ "u ,risk ,rat+ #b4j1 or any    
sub/antially simil> me?odology4  7,e7 ,!
 me?odology describ$ 9 subp>agraph 7,b71
 assum+ t-- 7i7 ! limitations describ$ 9
 t subp>agraph are n appli$2 &  7ii7 !  
adm9i/rative co/s ( ! ,national ,flood  
,insurance ,program are allocat$ on a   
uni=m1 p] contract basis r ?an z        
allocat$ "u ,risk ,rat+ #b4j1 or any    
sub/antially simil> me?odology4  7#h7   
,submits to ! ,committee on ,bank+1     
,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! 
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives a report detail+
 ! satisfaction ( ! requirem5ts "u      
p>agraphs 7#a7 ?r\gh 7#g74