I 
116TH CONGRESS 
2D SESSION 
H. R. 8311 
To require a report regarding the potential impacts of any changes to the 
risk-rating methodology for the National Flood Insurance Program of 
the Federal Emergency Management Agency before implementation, and 
for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 17, 2020 
Mr. ROSE of New York introduced the following bill; which was referred to 
the Committee on Financial Services 
A BILL 
To require a report regarding the potential impacts of any 
changes to the risk-rating methodology for the National 
Flood Insurance Program of the Federal Emergency 
Management Agency before implementation, 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 ‘‘National Flood Insur-
ance Program Reporting on Impact to Seaboards and 
Counties Act of 2020’’ or the ‘‘NFIP RISC Act of 2020’’. 
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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; and 
(4) in some States, enrollment in the National 
Flood Insurance Program has decreased between 20 
and 35 percent since 2011. 
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 
of 1968 that is related to a change in flood-risk assess-
ment methodology, the Administrator shall submit a re-
port to Congress regarding such effort. Such report shall 
include detailed information, by county, regarding the 
methodology and sources of data used to calculate new 
rates and an analysis of the expected impacts, by county 
to the extent applicable, including on— 
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(1) enrollment in the National Flood Insurance 
Program or in flood insurance coverage provided in 
the private market; 
(2) chargeable premium rates for flood insur-
ance coverage under such Program, which shall take 
into consideration the actuarial risk to such prop-
erties and changes to premiums subject to statutory 
limitations on annual increases; 
(3) property values, due to fluctuations in pre-
mium prices, and communities in high flood-risk 
zones; 
(4) the extent to which the number of flood in-
surance claims on a property will influence the prop-
erty’s rating; 
(5) the finances of the National Flood Insur-
ance Program; 
(6) 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; 
and 
(7) 
flood 
mitigation 
programs, 
including 
changes to flood mitigation grant programs resulting 
from a change in rating methodology. 
Æ 
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