I 

115TH CONGRESS 

2D SESSION H. R. 7388 

To extend the National Flood Insurance Program, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

DECEMBER 21, 2018 

Mr. MACARTHUR introduced the following bill; which was referred to the 

Committee on Financial Services 

A BILL 

To extend 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, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘National Flood Insur5 ance Program Competition and Extension Act of 2018’’. 

6 SEC. 2. REAUTHORIZATION OF NATIONAL FLOOD INSUR7 ANCE PROGRAM. 

8 (a) FINANCING.—Section 1309(a) of the National 

9 Flood Insurance Act of 1968 (42 U.S.C. 4016(a)) is 

10 amended by striking ‘‘December 7, 2018’’ and inserting 

11 ‘‘May 31, 2019’’. 


khammond on DSK30JT082PROD with BILLS
2 

•HR 7388 IH

1 (b) PROGRAM EXPIRATION.—Section 1319 of the Na2 tional Flood Insurance Act of 1968 (42 U.S.C. 4026) is 

3 amended by striking ‘‘December 7, 2018’’ and inserting 

4 ‘‘May 31, 2019’’. 

5 (c) RETROACTIVE EFFECTIVE DATE.—If this Act is 

6 enacted after December 21, 2018, the amendments made 

7 by subsections (a) and (b) shall take effect as if enacted 

8 on December 21, 2018. 

9 SEC. 3. ELIMINATION OF NON-COMPETE REQUIREMENT. 

10 Section 1345 of the National Flood Insurance Act of 

11 1968 (42 U.S.C. 4081) is amended by adding at the end 

12 the following new subsection: 

13 ‘‘(f) AUTHORITY TO PROVIDE OTHER FLOOD COV14 ERAGE.— 

15 ‘‘(1) IN GENERAL.—The Administrator may 

16 not, as a condition of participating in the Write 

17 Your Own Program (as such term is defined in sec18 tion 100202(a) of the Biggert-Waters Flood Insur19 ance Reform Act of 2012 (42 U.S.C. 4004(a))) or 

20 in otherwise participating in the utilization by the 

21 Administrator of the facilities and services of insur22 ance companies, insurers, insurance agents and bro23 kers, and insurance adjustment organizations pursu24 ant to the authority in this section, nor as a condi25 tion of eligibility to engage in any other activities 


khammond on DSK30JT082PROD with BILLS
3 

•HR 7388 IH

1 under the National Flood Insurance Program under 

2 this title, restrict any such company, insurer, agent, 

3 broker, or organization from offering and selling pri4 vate flood insurance (as such term is defined in sec5 tion 102(b) of the Flood Disaster Protection Act of 

6 1973 (42 U.S.C. 4012a(b))). 

7 ‘‘(2) FINANCIAL ASSISTANCE; SUBSIDY AR8 RANGEMENT.—After the date of the enactment of 

9 this subsection— 

10 ‘‘(A) the Administrator may not include in 

11 any agreement entered into with any insurer for 

12 participation in the Write Your Own Program 

13 any provision establishing a condition prohib14 ited by paragraph (1), including the provisions 

15 of Article XIII of the Federal Emergency Man16 agement Agency, Federal Insurance Adminis17 tration, Financial Assistance/Subsidy Arrange18 ment, as adopted pursuant to section 62.23(a) 

19 of title 44 of the Code of Federal Regulations; 

20 and 

21 ‘‘(B) any such provision in any such agree22 ment entered into before such date of enact23 ment shall not have any force or effect, and the 


khammond on DSK30JT082PROD with BILLS
4 

•HR 7388 IH

1 Administrator may not take any action to en2 force such provision.’’. 

Æ 


khammond on DSK30JT082PROD with BILLS