Amends the National Flood Insurance Act of 1968 to: (1) make communities that reconstruct and improve flood protection systems (in addition to constructing them) eligible for premium flood insurance rates under such Act; and (2) allow entities that own, operate, maintain, or repair flood protection systems (instead of a federal agency) to determine whether a flood protection system is restorable.
Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 398.
Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S4160)
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S4160-4161)
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