I 
114TH CONGRESS 
1ST SESSION H. R. 2918 
To ensure fairness in premium rates for coverage under the National Flood 
Insurance Program for residences and business properties, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 25, 2015 
Mr. CURBELO of Florida (for himself and Mr. MURPHY of Florida) introduced 
the following bill; which was referred to the Committee on Financial Services 
A BILL 
To ensure fairness in premium rates for coverage under 
the National Flood Insurance Program for residences 
and business properties, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Flood Insurance Fair-
ness Act of 2015’’. 
SEC. 2. REPEAL OF CERTAIN RATE INCREASES. 
(a) REPEAL
OF
PROHIBITION
ON
SUBSIDIZED 
RATES.—Paragraph (2) of section 1307(a) of the Na-
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tional Flood Insurance Act of 1968 (42 U.S.C. 4014) is 
amended— 
(1) by striking subparagraph (A); 
(2) in subparagraph (C), by inserting ‘‘or’’ after 
the semicolon at the end; 
(3) by striking subparagraph (D); and 
(4) by redesignating subparagraphs (B), (C), 
and (E) as subparagraphs (A), (B), and (C) respec-
tively. 
(b) CONFORMING AMENDMENTS RELATING TO LIMI-
TATION ON ANNUAL RATE INCREASES.—Paragraph (4) of 
section 1308(e) of the National Flood Insurance Act of 
1968 (42 U.S.C. 4015(e)(4)), as amended by section 5 
of Public Law 113–89, is amended by striking ‘‘(A) 
through (E)’’ and inserting ‘‘(A) through (C)’’. 
(c) IMPLEMENTATION.— 
(1) EFFECTIVE DATE.—The Administrator of 
the Federal Emergency Management Agency (in this 
subsection referred to as the ‘‘Administrator’’) shall 
make available such rate tables as necessary to im-
plement the amendments made by subsections (a) 
and (b) effective on the date of the enactment of this 
Act. 
(2) IMPLEMENTATION, 
COORDINATION, 
AND 
GUIDANCE.— 
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(A) INCLUSION OF WRITE-YOUR-OWN COM-
PANIES.—To ensure the participation of Write 
Your Own companies (as such term is defined 
in section 100202(a) of the Biggert-Waters 
Flood Insurance Reform Act of 2012 (42 
U.S.C. 4004(a))), the Administrator and the 
Federal Emergency Management Agency shall 
consult with Write Your Own companies 
throughout the development of guidance and 
rate tables necessary to implement the amend-
ments made by subsections (a) and (b). 
(B) IMPLEMENTATION AND GUIDANCE.— 
The Administrator shall issue final guidance 
and rate tables necessary to implement the 
amendments made by subsections (a) and (b) 
not later than eight months following the date 
of the enactment of this Act. Write Your Own 
companies, in coordination with the Federal 
Emergency Management Agency, shall have not 
less than six months but not more than eight 
months following the issuance of such final 
guidance and rate tables to implement the 
changes required by such final guidance and 
rate tables. 
Æ 
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