I 
113TH CONGRESS 
1ST SESSION H. R. 3693 
To clarify the application of the Biggert-Waters Flood Insurance Reform 
Act of 2012 to premium rates for certain properties, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 11, 2013 
Mr. CASSIDY (for himself, Mr. BUCHANAN, Mr. HASTINGS of Florida, Mr. 
PALAZZO, Mr. SCALISE, Mr. ROGERS of Alabama, Mr. ROSS, Mr. JOHN-
SON of Ohio, Mr. NUGENT, Mr. MARINO, Ms. CASTOR of Florida, Ms. 
ROS-LEHTINEN, 
Mr. 
BILIRAKIS, 
Mr. 
CRENSHAW, 
and 
Mr. 
SOUTHERLAND) introduced the following bill; which was referred to the 
Committee on Financial Services 
A BILL 
To clarify the application of the Biggert-Waters Flood Insur-
ance Reform Act of 2012 to premium rates for certain 
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 Relief 
and Transparency Act of 2013’’. 
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SEC. 2. DELAYED EFFECTIVE DATE FOR PREMIUM RATE IN-
CREASES FOR PROPERTIES SUBJECT TO MAP 
REVISIONS OR UPDATES. 
(a) DELAY.—Notwithstanding any other provision of 
law, any change in risk premium rates for flood insurance 
under the National Flood Insurance Program otherwise 
resulting from the amendment made by section 100207 
of the Biggert-Waters Flood Insurance Reform Act of 
2012 (Public Law 112–141; 126 Stat. 919) shall not take 
effect until March 1, 2015. 
(b) DISCLOSURE.—Not later than October 1, 2014, 
the Administrator of the Federal Emergency Management 
Agency shall make publicly available all data affecting any 
changes in risk premium rates for flood insurance cov-
erage under the National Flood Insurance Program result-
ing from the amendment made by section 100207 of the 
Biggert-Waters Flood Insurance Reform Act of 2012 
(Public Law 112–141; 126 Stat. 919). 
(c) EFFECTIVE DATE.—Subsection (a) shall take ef-
fect as if enacted as part of the Biggert-Waters Flood In-
surance Reform Act of 2012 (Public Law 112–141). 
SEC. 3. AFFORDABILITY STUDY FUNDING. 
Section 100236(d) of the Biggert-Waters Flood In-
surance Reform Act of 2012 (Public Law 112–141; 126 
Stat. 957) is amended— 
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Flood Disaster Protection Act of 1973 (42 
U.S.C. 4012a(d)). 
‘‘(B) The policyholder agrees to permit 
payment of the monthly premiums using elec-
tronic fund transfer or automatic withdrawals 
from a checking account, savings account, or 
credit card. 
‘‘(C) Upon a covered loss occurring and a 
claim being presented, the remaining premium 
owed for that policy term shall be deducted in 
full from payments made for that loss. 
‘‘(D) The policyholder certifies that the 
policyholder understands the payment terms 
and consequences for nonpayment due to insuf-
ficient funds, as provided under this subsection. 
‘‘(3) MONTHLY
PAYMENTS.—Upon the pur-
chase or renewal of flood insurance coverage and 
paying the premium on a monthly basis, the policy-
holder shall pay no less than 1⁄12 of the total annual 
premium as the initial payment at time of applica-
tion or renewal, and then equal monthly payments 
for the remaining 11 months of the policy, subject 
to paragraph (2)(C). 
‘‘(4) ADDITIONAL PREMIUMS AND ADMINISTRA-
TIVE
EXPENSES.—The Administrator shall charge 
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the policyholder an administrative fee to cover the 
operating and administrative expenses to administer 
monthly premium payments, and the Administrator 
may factor into the premiums to be paid by policy-
holders an appropriate amount of premium to cover 
any increased risk that may arise from allowing 
monthly installment payments. 
‘‘(5) FAILURE
TO
MAKE
A
PAYMENT.—Upon 
the purchase or renewal of a flood insurance policy, 
the Administrator shall provide the policyholder with 
a payment schedule identifying the date the pre-
mium will be collected through electronic fund trans-
fer or automatic withdrawals from a checking ac-
count, savings account, or credit card. If there are 
insufficient funds to cover the monthly premium 
payment due on the date specified in the schedule or 
the required payment is otherwise not received— 
‘‘(A) coverage under the National Flood 
Insurance Program will immediately end effec-
tive the following day at 12:01 a.m.; and 
‘‘(B) the policyholder will no longer be eli-
gible to make premium payments on a monthly 
basis for an appropriate period, as identified by 
the Administrator. 
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‘‘(6) IMPLEMENTATION.—Notwithstanding sec-
tion 1306 (42 U.S.C. 4013), not later than the expi-
ration of the 1-year period beginning on the date of 
enactment of this subsection, the Administrator may 
issue an endorsement to the Residential and General 
Standard Flood Insurance Policies to permit month-
ly payments, cancellation of coverage for non-pay-
ment, and any other terms necessary to implement 
this subsection.’’. 
Æ 
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