SEC. 2. CONGRESSIONAL FINDINGS. 
The Congress finds that— 
(1) 30 percent of the population of the United 
States and 50 percent of the gross domestic product 
of the United States is located on the Atlantic coast 
or the Gulf of Mexico coast, areas frequently hit by 
coastal storms and hurricanes; 
(2) 90 percent of all natural disasters involve 
flooding; 
(3) all 50 States have experienced floods and 
flash floods between 2015 and 2020; 
(4) in most States, enrollment in the National 
Flood Insurance Program has decreased between 15 
and 35 percent since 2011; 
(5) some of the poorest, most disenfranchised 
populations live in floodplains because the land is 
cheaper and moving out of such areas is not a fea-
sible solution; and 
(6) such communities are significantly impacted 
by floods and other extreme weather events and are 
often less equipped to rebuild or relocate afterwards. 
SEC. 3. REPORT ON IMPACTS OF CHANGES TO FLOOD IN-
SURANCE METHODOLOGY. 
Not later than 6 months before implementing any 
chargeable premium rate for flood insurance coverage pur-
suant to section 1308 of the National Flood Insurance Act 
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of 1968 that is related to a change in flood-risk assess-
ment methodology, the Administrator of the Federal 
Emergency Management Agency shall report on the 
website of the Agency an analysis of the expected impacts 
of such resulting new rates on— 
(1) participation of communities in the National 
Flood Insurance Program; 
(2) chargeable premium rates for flood insur-
ance coverage under such Program and estimated 
rates for such coverage pursuant to section 1307 of 
the National Flood Insurance Act of 1968 (42 
U.S.C. 4014); 
(3) chargeable premiums for various categories 
of properties, including properties paying less than 
risk base rate and properties that are low income, 
very low income, and extremely low income, as de-
fined by the Federal Emergency Management report 
to the Congress entitled ‘‘An Affordability Frame-
work for the National Flood Insurance Program’’, 
released April 17, 2018 (Release Number HQ-18- 
035); 
(4) National Flood Insurance Program policy-
holders, including annual premium increases and de-
creases; 
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(5) the extent to which the number of flood in-
surance claims on a property will influence the prop-
erty’s rating; 
(6) the finances of the National Flood Insur-
ance Program; 
(7) the community rating system and flood haz-
ard area mapping, including the funding for such 
systems, 
public 
communications 
of 
any 
such 
changes, and floodplain management procedures; 
(8) 
flood 
mitigation 
programs, 
including 
changes to flood mitigation grant programs resulting 
from a change in rating methodology; 
(9) replacement cost value, due to fluctuations 
in premium prices; and 
(10) the results and conclusions of the report 
specified in paragraph (3) of this section. 
SEC. 4. PANDEMIC PROTECTION. 
The Administrator of the Federal Emergency Man-
agement Agency may not implement any changes to the 
flood-risk assessment methodology for the National Flood 
Insurance Program— 
(1) during the effective period of the emergency 
declared by the President on March 13, 2020, pur-
suant to section 501(b) of the Robert T. Stafford 
Disaster Relief and Emergency Assistance Act (42 
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U.S.C. 5121(b)), relating to the Coronavirus Disease 
2019 (COVID–19); or 
(2) during the 6-month period that begins upon 
the termination of such effective period. 
Æ 
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