,,ii #aai? ,,congress #a/ ,session ,s4 #caea ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #f1 #bjbe ,mr4 ,cassidy introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to am5d ! ,national ,flood ,insurance ,act ( #aifh to provide = ! automatic cont+5t ext5sion ( ! ,national ,flood ,insurance ,program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,national ,flood ,insurance ,program ,automatic ,ext5sion ,act ( #bjbe4 #b4 ,cont+5t ext5sion ( ! ,national ,flood ,insurance ,program ,section #acai ( ! ,national ,flood ,insurance ,act ( #aifh 7#db ,u4,s4,c4 #djbf7 is am5d$ to read z foll[s3 #acai4 ,program expiration & cont+5t ext5sion 7a7 ,def9itions ,9 ?is section3 7#a7 ,t]m9al fiscal ye> ,! t]m t]m9al fiscal ye> means ! fiscal ye> 9 :i* ! t]m9ation date occurs4 7#b7 ,t]m9ation date ,! t]m t]m9ation date means ! lat] (-- 7,a7 ! date describ$ 9 subsection 7b72 or 7,b7 ! date t is deem$ to apply 9 lieu ( ! date describ$ 9 subsection 7b7 by ! op]ation ( any o!r ,act4 7b7 ,expiration ,no new contract = flood insurance "u ?is title %all be ent]$ into aft] ,septemb] #cj1 #bjbc4 7c7 ,automatic ext5sion 7#a7 ,9 g5]al ,! au?orities describ$ 9 p>agraph 7#b7 %all be automatically ext5d$ until ! la/ day ( ! fiscal ye> foll[+ ! t]m9al fiscal ye>1 unless1 be=e ! t]m9ation date1 a duly enact$ law ( ! ,unit$ ,/ates ext5ds or repeals su* an au?ority4 7#b7 ,au?orities describ$ ,! au?orities describ$ 9 ?is p>agraph are au?orities "u ?is title = ! ,adm9i/rator to d ! foll[+3 7,a7 ,ent] into1 issue1 or r5ew contracts = flood insurance4 7,b7 ,cont9ue 9 =ce exi/+ flood insurance cov]age4 7,c7 ,pay claims1 s]vice policies 7includ+ ?r\gh p>ticipat+ insur]s71 & c>ry out relat$ adm9i/rative & op]ational functions4 7,d7 ,o!rwise op]ate ! national flood insurance program4 7d7 ,t]ms & limitations dur+ ext5sion 7#a7 ,9 g5]al ,any limitation on ! au?ority ( ! ,adm9i/rator "u ?is title t is ti$ to a specific cal5d> date1 includ+ any limitation on ! aggregate am\nt ( notes or o!r obligations t may be issu$ "u section #acji1 %all1 dur+ a p]iod ( automatic ext5sion "u subsection 7c71 apply at ! same doll> am\nts1 rates1 t]ms1 & conditions t 7 9 effect1 z ( ! day be=e ! t]m9ation date4 7#b7 ,fund+ availability ,any au?orization ( appropriations or o!r fund+ availability "u ?is title t w\ld o!rwise expire on ! t]m9ation date %all1 dur+ a p]iod ( automatic ext5sion "u subsection 7c71 be available at ! same level & "u ! same t]ms & conditions t 7 9 effect1 z ( ! day be=e ! t]m9ation date4 7e7 ,explicit /atutory sunsets n ext5d$ ,subsection 7c7 may n be con/ru$ to ext5d to any pilot program1 demon/ration program1 /udy1 task =ce1 commission1 c\ncil1 or committee "u ?is title t is expressly requir$ by /atute to t]m9ate on a specific cal5d> date1 not)/&+ any o!r provision ( law4 7f7 ,rule ( con/ruction ,no?+ 9 ?is section may be con/ru$ to impair any flood insurance contract lawfully 9 effect1 z ( ! day be=e ! date ( enactm5t ( ?is section1 or ! obligation ( ! ,unit$ ,/ates ) respect to any su* contract4 7g7 ,retroactive effective date ,?is section %all take effect z if enact$ on ,septemb] #cj1 #bjbe4 4