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[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3380 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 3380

 To delay any increases in premium rates for flood insurance coverage 
under the National Flood Insurance Program until the Federal Emergency 
Management Agency completes a comprehensive review and updating of all 
 flood insurance rate maps and the Army Corps of Engineers reviews and 
certifies that such maps include all flood mitigation and flood control 
                    projects completed by the Corps.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                            October 30, 2013

  Mr. Rahall introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL

 
 To delay any increases in premium rates for flood insurance coverage 
under the National Flood Insurance Program until the Federal Emergency 
Management Agency completes a comprehensive review and updating of all 
 flood insurance rate maps and the Army Corps of Engineers reviews and 
certifies that such maps include all flood mitigation and flood control 
                    projects completed by the Corps.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CONGRESSIONAL FINDINGS.

    The Congress finds that the Administrator of the Federal Emergency 
Management Agency has the duty, pursuant to section 100216 of the 
Biggert-Waters Flood Insurance Reform Act of 2012 (42 U.S.C. 4101b) and 
section 1360(f) of the National Flood Insurance Act of 1968 (42 U.S.C. 
4101(f)), to review and update the flood insurance rate maps under the 
National Flood Insurance Program.

SEC. 2. DELAY OF FLOOD INSURANCE RATE INCREASES.

    (a) In General.--Notwithstanding any other provision of law, the 
risk premium rates for flood insurance coverage made available under 
the National Flood Insurance Program shall not be increased from such 
rates in effect as of September 30, 2013, until--
            (1) the Administrator of the Federal Emergency Management 
        Agency completes a first comprehensive review and updating of 
        all flood insurance rate maps for such Program under section 
        100216 of the Biggert-Waters Flood Insurance Reform Act of 2012 
        (42 U.S.C. 4101b) initiated after the date of the enactment of 
        the Biggert-Waters Flood Insurance Reform Act of 2012; and
            (2) the Secretary of the Army, acting through the Chief of 
        Engineers, reviews and certifies that such rate maps accurately 
        reflect all flood mitigation and flood control projects 
        completed within the affected watershed by the Army Corps of 
        Engineers as of the date on which such rate maps were reviewed 
        and updated as required by paragraph (1).
    (b) Effective Date; Refund of Excess Premium Charges Collected.--
The amendments made by subsection (a) shall take effect as if enacted 
as part of the Biggert-Waters Flood Insurance Reform Act of 2012 
(Public Law 112-141; 126 Stat. 916) and the Administrator of the 
Federal Emergency Management Agency shall refund to insureds any 
premiums for flood insurance coverage under the National Flood 
Insurance Program collected in excess of the rates required under 
subsection (a).
                                 <all>
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