113TH CONGRESS 

1ST SESSION H. R. 1035 

AN ACT 

To require a study of voluntary community-based flood insurance options and how such options could be incorporated 

into the national flood insurance program, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 
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1 SECTION 1. STUDIES OF VOLUNTARY COMMUNITY-BASED 

2 FLOOD INSURANCE OPTIONS. 

3 (a) STUDY.— 

4 (1) STUDY REQUIRED.—The Administrator of 

5 the Federal Emergency Management Agency shall 

6 conduct a study to assess options, methods, and 

7 strategies for making available voluntary commu8 nity-based flood insurance policies through the Na9 tional Flood Insurance Program. 

10 (2) CONSIDERATIONS.—The study conducted 

11 under paragraph (1) shall— 

12 (A) take into consideration and analyze 

13 how voluntary community-based flood insurance 

14 policies— 

15 (i) would affect communities having 

16 varying economic bases, geographic loca17 tions, flood hazard characteristics or classi18 fications, and flood management ap19 proaches; and 

20 (ii) could satisfy the applicable re21 quirements under section 102 of the Flood 

22 Disaster Protection Act of 1973 (42 

23 U.S.C. 4012a); and 

24 (B) evaluate the advisability of making 

25 available voluntary community-based flood in-
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1 surance policies to communities, subdivisions of 

2 communities, and areas of residual risk. 

3 (3) CONSULTATION.—In conducting the study 

4 required under paragraph (1), the Administrator 

5 may consult with the Comptroller General of the 

6 United States, as the Administrator determines is 

7 appropriate. 

8 (b) REPORT BY THE ADMINISTRATOR.— 

9 (1) REPORT REQUIRED.—Not later than 18 

10 months after the date of enactment of this Act, the 

11 Administrator shall submit to the Committee on 

12 Banking, Housing, and Urban Affairs of the Senate 

13 and the Committee on Financial Services of the 

14 House of Representatives a report that contains the 

15 results and conclusions of the study conducted under 

16 subsection (a). 

17 (2) CONTENTS.—The report submitted under 

18 paragraph (1) shall include recommendations for— 

19 (A) the best manner to incorporate vol20 untary community-based flood insurance poli21 cies into the National Flood Insurance Pro22 gram; and 

23 (B) a strategy to implement voluntary 

24 community-based flood insurance policies that 

25 would encourage communities to undertake 
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1 flood mitigation activities, including the con2 struction, reconstruction, or improvement of 

3 levees, dams, or other flood control structures. 

4 (c) REPORT BY COMPTROLLER GENERAL.—Not later 

5 than 6 months after the date on which the Administrator 

6 submits the report required under subsection (b), the 

7 Comptroller General of the United States shall— 

8 (1) review the report submitted by the Adminis9 trator; and 

10 (2) submit to the Committee on Banking, 

11 Housing, and Urban Affairs of the Senate and the 

12 Committee on Financial Services of the House of 

13 Representatives a report that contains— 

14 (A) an analysis of the report submitted by 

15 the Administrator; 

16 (B) any comments or recommendations of 

17 the Comptroller General relating to the report 

18 submitted by the Administrator; and 
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1 (C) any other recommendations of the 

2 Comptroller General relating to community3 based flood insurance policies. 

Passed the House of Representatives March 12, 

2013. 

Attest: 

Clerk. 
113TH CONGRESS 

1ST SESSION H. R. 1035 

AN ACT 

To require a study of voluntary community-based 

surance program, and for other purposes. could be incorporated into the national flood inflood insurance options and how such options