FIRM IT Act of 2024

Bill: 118-s-3650
Sponsor: full_name: Sen. Rubio, Marco [R-FL]
Introduced: 2024-01-24
Policy area: Finance and Financial Sector
Latest action: action_date: 2024-01-24
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2024-01-24
action_desc: Introduced in Senate
text: <p><strong>Flood Insurance Rate Map Interagency Technology Act of 2024 or the FIRM IT Act of 2024 </strong></p><p>This bill modifies technical requirements for National Flood Insurance Program (NFIP) rate maps, which are&nbsp;community maps delineating flood hazard areas, flood elevations, and flood risk zones that determine flood insurance rates. Specifically, the Federal Emergency Management Agency (FEMA) must consult with the Department of Defense, the U.S. Geological Survey, and the National Oceanic and Atmospheric Administration to obtain information relevant to rate maps. FEMA may include this data, as well as specified property survey information, in NFIP rate maps. The format of NFIP rate maps must conform to specified geospatial data and protocols.</p>

tv_txt: II 118th CONGRESS 2d Session S. 3650 IN THE SENATE OF THE UNITED STATES January 24, 2024 Mr. Rubio introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To amend the Biggert-Waters Flood Insurance Reform Act of 2012 to improve mapping under the National Flood Insurance Program, and for other purposes.

1. Short title This Act may be cited as the Flood Insurance Rate Map Interagency Technology Act of 2024 or the FIRM IT Act of 2024 . 2. National Flood Mapping Program (a) Sharing and use of maps and data; inclusion of cadastral features in rate maps Section 100216(b) of the Biggert-Waters Flood Insurance Reform Act of 2012 ( 42 U.S.C. 4101b(b) ) is amended— (1) in paragraph (1)— (A) in subparagraph (B), by striking and at the end; (B) in subparagraph (C), by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (D) consult and coordinate with the Secretary of Defense, the Director of the United States Geological Survey, and the Administrator of the National Oceanic and Atmospheric Administration to obtain the most up-to-date maps and other information of those agencies, including information relating to topography, water flow, watershed characteristics, and any other issues that are relevant to identifying, reviewing, updating, maintaining, and publishing National Flood Insurance Program rate maps. ; and (2) in paragraph (3)— (A) in subparagraph (A), by redesignating clauses (i) and (ii) as subclauses (I) and (II), respectively, and adjusting the margins accordingly; (B) by redesignating subparagraphs (A) through (E) as clauses (i) through (v), respectively, and adjusting the margins accordingly; (C) in the matter preceding clause (i), as so redesignated, by striking Administrator shall include— and inserting the following: “Administrator— (A) shall include— ; (D) in subparagraph (A)(v), as so redesignated, by striking the period at the end and inserting ; and ; and (E) by adding at the end the following: (B) may include— (i) any relevant information that is obtained under paragraph (1)(D); and (ii) cadastral features, including, for each cadastral feature— (I) the associated parcel identification data for that feature; and (II) to the maximum extent practicable, using public and private sector address data, the address of that feature. . (b) Format of rate maps Section 100216(c)(2) of the Biggert-Waters Flood Insurance Reform Act of 2012 ( 42 U.S.C. 4101b(c)(2) ) is amended— (1) in subparagraph (B), by striking and at the end; (2) in subparagraph (C), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following: (D) not later than 5 years after the date on which the National Geodetic Survey completes the modernization of the National Spatial Reference System in 2022, updated to conform with the geospatial data provided by that system; and (E) spatially accurate in accordance with the common protocols for geographic information systems under section 216 of the E-Government Act of 2002 ( 44 U.S.C. 3501 note). .