,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #ficd  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #cj1         
#bjbe,mr4 ,bresnahan 7= himself & ,mr4  
,v9dman7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to e/abli% a      
means-te/$ assi/ance program = national 
flood insurance program policyhold]s1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,national ,flood   
,insurance ,program ,af=dability ,act4  
#b4 ,means-te/$ assi/ance = national    
flood insurance program policyhold]s    
7a7 ,9 g5]al ,! ,adm9i/rator ( ! ,f$]al 
,em]g5cy ,managem5t ,ag5cy %all1 n lat] 
?an #a ye> aft] ! date ( ! enactm5t (   
?is ,act1 e/abli% a means-te/$ 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  7b7        
,disc\nts ,! ,adm9i/rator %all use      
am\nts provid$ "u ?is section to e/abli%
 graduat$ disc\nts available to eligible

 policyhold]s "u ?is section1 ) respect 
to cov]$ prop]ties1 su* t ! *>geable    
premium rate = an eligible policyhold] t
 applies = assi/ance "u ?is section may 
n exce$ #a p]c5t ( ! area m$ian income =
 ! area 9 :i* ! prop]ty to :i* ! policy 
applies is locat$4  7c7 ,application ,to
 receive assi/ance "u ?is ,act1 an      
eligible policyhold] %all submit an     
application to ! ,adm9i/rator at su* "t1
 9 su* mann]1 & conta9+ su* in=mation z 
! ,adm9i/rator may reasonably require & 
assi/ance w no long] be available :5 !  
am\nts appropriat$ pursuant to          
subsection 7f7 h be5 exp5d$ = a fiscal  
ye>4  7d7 ,rulemak+ & guidance ,n lat]  
?an #a ye> aft] ! date ( ! enactm5t (   
?is ,act1 ! ,adm9i/rator %all issue su* 
regulations & guidance z ! ,adm9i/rator 
det]m9es necess>y to c>ry out ?is ,act1 
includ+ a h>d%ip metric = small         
bus9esses & n-=-pr(it entities to       
qualify = assi/ance "u ?is ,act4  7e7   
,report ,n lat] ?an #a ye> aft] ! date (
 ! enactm5t ( ?is section1 !            

,adm9i/rator %all submit to ! ,congress1
 a report t-- 7#a7 addresses !          
feasibility ( mak+ eligibility =        
assi/ance "u ! program e/abli%$ "u ?is  
,act bas$ on a consid]ation ( an        
eligible policyhold]'s pr9cipal1 int]e/1
 taxes1 & insurance in/ead ( h\sehold   
income z a p]c5t ( area m$ium income2 & 
7#b7 outl9es h[ ! ,adm9i/rator c\ld use 
income eligibility = o!r ,f$]al programs
 to det]m9e eligibility = p>ticipation 9
 ! program e/abli%$ "u ?is ,act4  7f7   
,appropriation  7#a7 ,9 g5]al ,!re is   
appropriat$1 annually1 to !             
,adm9i/rator1 out ( any money 9 !       
,treasury n o!rwise appropriat$1        
#bej1jjj1jjj1 to c>ry out ! program     
e/abli%$ by ! ,adm9i/rator "u subsection
 7a74  7#b7 ,exp5diture requirem5t ,!   
,adm9i/rator %all1 ea* fiscal ye>1 exp5d
 n less ?an #ie p]c5t ( ! am\nt         
appropriat$ = su* fiscal ye> "u p>agraph
 7#a74  #c4 ,mon?ly in/allm5t paym5t =  
premiums ,n lat] ?an #ahj days aft] !   
date ( enactm5t ( ?is ,act1 !           

,adm9i/rator %all-- 7#a7 implem5t !     
requirem5t = mon?ly in/allm5t paym5ts ( 
premiums provid$ "u section #acjh7;g7 ( 
! ,national ,flood ,insurance ,act (    
#aifh 7#db ,u4,s4,c4 #djae7;g772 or     
7#b7 submit to ,congress an explanation 
( ! reasons :y ! ,adm9i/rator _c        
implem5t ! requirem5t describ$ 9        
p>agraph 7#a7 dur+ t #ahj-;day p]iod4   
#d4 ,def9itions ,9 ?is ,act3 7#a7       
,adm9i/rator ,! t]m ,adm9i/rator means !
 ,adm9i/rator ( ! ,f$]al ,em]g5cy       
,managem5t ,ag5cy4  7#b7 ,cov]$ prop]ty 
,! t]m cov]$ prop]ty means-- 7,a7 a     
prim>y resid5tial dwell+2 or  7,b7      
p]sonal prop]ty relat+ to a dwell+      
describ$ 9 subp>agraph 7,a74  7#c7      
,eligible policyhold] ,! t]m eligible   
policyhold] means-- 7,a7 a p]son :o--   
7i7 is a national flood insurance       
program policyhold] on or aft] ! date ( 
! enactm5t ( ?is ,act2 &  7ii7 has a    
h\sehold income t is n m ?an #abj p]c5t 
( ! area m$ian income = ! area 9 :i* !  
prop]ty to :i* ! policy applies is      

locat$2  7,b7 a bus9ess ) n m ?an #ajj  
employees t-- 7i7 is a national flood   
insurance program policyhold] on or aft]
 ! date ( ! enactm5t ( ?is ,act2 &  7ii7
 satisfies ! h>d%ip metric publi%$ by ! 
,adm9i/rator "u section #b2 or  7,c7 a  
n-=-pr(it organization t-- 7i7 is a     
national flood insurance program        
policyhold] on or aft] ! date ( !       
enactm5t ( ?is ,act2 &  7ii7 satisfies !
 h>d%ip metric publi%$ by ! ,adm9i/rator
 "u section #b4  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
 ( ! ,national ,flood ,insurance ,act ( 
#aifh 7#db ,u4,s4,c4 #djad7 & *>g$ "u   
section #acjh ( su* ,act 7#db ,u4,s4,c4 
#djae72  7,b7 sur*>ges assess$ "u       
sections #acjd & #acjh;,a ( su* ,act    
7#db ,u4,s4,c4 #djaa1 #djae;a72 &  7,c7 
any am\nt e/abli%$ "u section           
#acaj;,a7c7 ( su* ,act 7#db ,u4,s4,c4   
#djag;a74