I 
118TH CONGRESS 
2D SESSION 
H. R. 9726 
To require the Administrator of the Federal Emergency Management Agency 
to develop a flood insurance information tool, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 20, 2024 
Mr. CARTWRIGHT (for himself, Mr. CARSON, Mr. CARTER of Louisiana, Mr. 
THANEDAR, Ms. TOKUDA, and Ms. WILD) introduced the following bill; 
which was referred to the Committee on Financial Services 
A BILL 
To require the Administrator of the Federal Emergency 
Management Agency to develop a flood insurance infor-
mation tool, 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 ‘‘NFIP Premium Trans-
parency Act’’. 
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SEC. 2. DISSEMINATION OF FLOOD INSURANCE INFORMA-
TION. 
The National Flood Insurance Act of 1968 (42 
U.S.C. 4001 et. seq.) is amended by striking section 1313 
and inserting the following: 
‘‘SEC. 1313. DISSEMINATION OF FLOOD INSURANCE INFOR-
MATION. 
‘‘(a) IN GENERAL.—The Administrator shall ensure 
that the declaration page for each flood insurance policy 
issued under the national flood insurance program for a 
property shall, not later than 12 months after the date 
of the enactment of this subsection, include the following: 
‘‘(1) The current insurance premium for such 
property, including a description of any discounts 
being applied including any discounts associated 
with— 
‘‘(A) building, construction, or substantial 
improvement which began before the Adminis-
trator published an initial rate map for the 
community, eligible for less than actuarial rates 
under section subsections (a)(2) and (g) of sec-
tion 1307(a)(2); 
‘‘(B) the newly mapped property discount 
under section 1308(i); 
‘‘(C) an estimate of the number years re-
maining until the premium for such property 
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shall match the full-risk based premium for 
such property, having accounted for the annual 
limitation on premium increases under section 
1308(e); 
‘‘(D) available mitigation options and asso-
ciated premium savings; 
‘‘(E) claim history; 
‘‘(F) the community rating system under 
section 1315(b); and 
‘‘(G) annual limitations on premium in-
creases under section 1308(e). 
‘‘(2) Any annual limitations on premium in-
creases under section 1308(e). 
‘‘(3) Any current risk factors, including the ele-
vation of the property above first floor height. 
‘‘(4) The replacement cost value. 
‘‘(5) Any special category that applies to the 
property, including repetitive loss property or severe 
repetitive loss property. 
‘‘(6) Any flood insurance requirement that ap-
plies to the property as a result of disaster assist-
ance previously provided by the Administrator. 
‘‘(7) On and after the date that is 36 months 
after the date of the enactment of this section, the 
website address where the flood insurance informa-
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tion tool established pursuant to subsection (c) may 
be located. 
‘‘(b) EXPLANATION REQUIRED.—If any item of in-
formation required to be included on a declaration page 
under subsection (a) cannot be provided, an explanation 
of why such item of information cannot be provided shall 
be included on the declaration page. 
‘‘(c) REQUIRED INFORMATION SHARING.—The Ad-
ministrator shall, beginning on the date that is 12 months 
after the date of the enactment of this subsection, share 
with each insurance company that issues a flood insurance 
policy under the national flood insurance program any in-
formation the Administrator has that relates to the items 
listed in subsection (a). 
‘‘(d) FLOOD INSURANCE INFORMATION TOOL.— 
‘‘(1) IN
GENERAL.—The Administrator shall, 
not later than 36 months after the date of the enact-
ment of this section, develop a flood insurance infor-
mation tool that is accessible online and contains the 
following information with respect to each property 
for which a flood insurance policy is issued under 
the national flood insurance program: 
‘‘(A) The current insurance premium for 
such property, including a description of any 
reason why the current premium is less than 
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actuarial rates; including due to grandfathering, 
pre-FIRM discount status, newly mapped prop-
erty status, or a Community Rating System 
status. 
‘‘(B) A description of any limitations on 
annual premium increases. 
‘‘(C) The risk premium rate for such prop-
erty. 
‘‘(D) The replacement cost value for such 
property, and the date on which such value was 
calculated. 
‘‘(E) A detailed flood history for such 
property that includes a list of any prior claims 
under the national flood insurance program as-
sociated with such property and the dates of 
such claims. 
‘‘(F) Any special category that applies to 
the property, including repetitive loss property 
or severe repetitive loss property. 
‘‘(G) The date of the most recent flood 
hazard determination of such property and the 
date of any planned future flood hazard deter-
mination of such property. 
‘‘(H) Any flood insurance requirement that 
applies to the property as a result of disaster 
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assistance previously provided by the Adminis-
trator. 
‘‘(I) Any additional information the Ad-
ministrator determines appropriate. 
‘‘(2) EXPLANATION REQUIRED.—If any item of 
information required to be included in the food in-
surance information tool under paragraph (1) can-
not be provided, an explanation of why such item of 
information cannot be provided shall be included in 
the flood insurance information tool. 
‘‘(3) ACCESS TO THE FLOOD INSURANCE IN-
FORMATION
TOOL.—The Administrator shall, not-
withstanding any conflicting provision in the Privacy 
Act of 1974, provide access to the flood insurance 
information tool, suite of tools, or discrete parts of 
such tools, to— 
‘‘(A) the public, for all information where 
the Administrator has determined that release 
to the public is in the best interest of the pub-
lic; and 
‘‘(B) owners of properties for which a flood 
insurance policy is issued under the national 
flood insurance program, for information where 
the Administrator has determined that release 
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to the public is not in the best interest of the 
public. 
‘‘(4) ADJUSTMENT CAPABILITY.—To the degree 
practicable, the flood insurance information tool, or 
suite of tools, developed by Administrator shall allow 
the capability for users, with respect to each item of 
information listed in paragraph (1) to, to the extent 
feasible— 
‘‘(A) adjust variables that change over 
time and impact flood risk, including, the ele-
ments set forth in 42 U.S.C. 4101b(b)(1) and 
42 U.S.C. 4101b(b)(3); and 
‘‘(B) evaluate how such adjustments or 
mitigation activities would— 
‘‘(i) reduce the risk of flooding; and 
‘‘(ii) decrease premiums. 
‘‘(e) REPLACEMENT COST VALUE DEFINED.—The 
term ‘replacement cost value’ means the cost to replace 
that part of a building that is damaged by flood, without 
depreciation. 
‘‘(f) ADDITIONAL INFORMATION AVAILABILITY.—In 
addition to as required under subsection (a) through (d) 
of this subsection, the Administrator shall from time to 
time take such action as may be necessary in order to 
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make information and data available to the public, and 
to any State or local agency or official, with regard to— 
‘‘(1) the flood insurance program, its coverage 
and objectives; and 
‘‘(2) estimated and chargeable flood insurance 
premium rates, including the basis for and dif-
ferences between such rates in accordance with the 
provisions of section 1308.’’. 
SEC. 3. REPORT. 
The Comptroller General of the United States shall, 
not later than 2 years after the date on which the Admin-
istrator of the Federal Emergency Management Agency 
makes available the flood insurance information tool re-
quired to be developed under section 1313(c) of the Na-
tional Flood Insurance Act of 1968, publish a report that 
analyzes the following: 
(1) Whether the following information could be 
added to flood insurance information tool established 
by the Administrator of the Federal Emergency 
Management Agency pursuant to section 1313 of the 
National Flood Insurance Act of 1968: 
(A) Any property acquisition programs for 
which the property qualifies. 
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(B) Any nature based solutions that may 
be used to reduce the flood risk for the prop-
erty. 
(C) Any planned or existing flood defenses 
in the area in which a property is located. 
(D) Any implications that additional devel-
opment in the area where property is located 
may have on flood risk. 
(E) Any standards established locally that 
affect the repair or improvement of the prop-
erty, including— 
(i) any limitations on repairs or im-
provements based on the value of the prop-
erty; and 
(ii) any local standards that go be-
yond the standards required under the na-
tional flood insurance program. 
(F) A description of any community rating 
system rating that impacts the property and 
discounts that may be available based on this 
rating system. 
(2) Whether access to the flood insurance infor-
mation tool established by the Administrator of the 
Federal Emergency Management Agency pursuant 
to section 1313 of the National Flood Insurance Act 
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