Source: http://topics.law.cornell.edu/uscode/text/42/4014?quicktabs_8=0
Timestamp: 2013-12-11 05:03:51
Document Index: 680278532

Matched Legal Cases: ['§ 4014', '§ 4014', '§ 4014', '§ 1307', '§ 109', '§ 816', '§ 451', '§ 2302', '§ 928', '§ 612', '§ 2302', '§ 2302', '§ 578', '§ 5', '§ 40142012112', '§ 4014', '§ 40142012112', '§ 4014', '§ 40142012112', '§ 40142012112']

42 USC § 4014 - Estimates of premium rates | Title 42 - The Public Health and Welfare | U.S. Code | LII / Legal Information Institute
USC › Title 42 › Chapter 50 › Subchapter I › § 4014	prevnext
42 USC § 4014 - Estimates of premium rates
substantial improvement exceeding 30 percent of the fair market value of such property; and
Utilization of services of other Departments and agencies In carrying out subsection (a) of this section, the Administrator shall, to the maximum extent feasible and on a reimbursement basis, utilize the services of the Department of the Army, the Department of the Interior, the Department of Agriculture, the Department of Commerce, and the Tennessee Valley Authority, and, as appropriate, other Federal departments or agencies, and for such purposes may enter into agreements or other appropriate arrangements with any persons.
Priority to studies and investigations in States or areas evidencing positive interest in securing insurance under program The Administrator shall give priority to conducting studies and investigations and making estimates under this section in those States or areas (or subdivisions thereof) which he has determined have evidenced a positive interest in securing flood insurance coverage under the flood insurance program.
Parishes of Louisiana; premium rates Notwithstanding any other provision of law, any structure existing on December 31, 1973, and located within Avoyelles, Evangeline, Rapides, or Saint Landry Parish in the State of Louisiana, which the Secretary determines is subject to additional flood hazards as a result of the construction or operation of the Atchafalaya Basin Levee System, shall be eligible for flood insurance under this chapter (if and to the extent it is eligible for such insurance under the other provisions of this chapter) at premium rates that shall not exceed those which would be applicable if such additional hazards did not exist.
Eligibility of community making adequate progress on construction of flood protection system for rates not exceeding those applicable to completed flood protection system; determination of adequate progress Notwithstanding any other provision of law, any community that has made adequate progress, acceptable to the Administrator, on the construction of a flood protection system which will afford flood protection for the one-hundred year frequency flood as determined by the Administrator, shall be eligible for flood insurance under this chapter (if and to the extent it is eligible for such insurance under the other provisions of this chapter) at premium rates not exceeding those which would be applicable under this section if such flood protection system had been completed. The Administrator shall find that adequate progress on the construction of a flood protection system as required herein has been only if (1)
100 percent of the project cost of the system has been authorized, (2)
at least 60 percent of the project cost of the system has been appropriated, (3)
at least 50 percent of the project cost of the system has been expended, and (4)
the system is at least 50 percent completed.
Availability of flood insurance in communities restoring disaccredited flood protection systems; criteria; rates Notwithstanding any other provision of law, this subsection shall only apply in a community which has been determined by the Administrator of the Federal Emergency Management Agency to be in the process of restoring flood protection afforded by a flood protection system that had been previously accredited on a Flood Insurance Rate Map as providing 100-year frequency flood protection but no longer does so. Except as provided in this subsection, in such a community, flood insurance shall be made available to those properties impacted by the disaccreditation of the flood protection system at premium rates that do not exceed those which would be applicable to any property located in an area of special flood hazard, the construction of which was started prior to the effective date of the initial Flood Insurance Rate Map published by the Administrator for the community in which such property is located. A revised Flood Insurance Rate Map shall be prepared for the community to delineate as Zone AR the areas of special flood hazard that result from the disaccreditation of the flood protection system. A community will be considered to be in the process of restoration if—
No extension of subsidy to new policies or lapsed policies The Administrator shall not provide flood insurance to prospective insureds at rates less than those estimated under subsection (a)(1), as required by paragraph (2) of that subsection, for—
any property not insured by the flood insurance program as of July 6, 2012;
any property purchased after July 6, 2012;
any policy under the flood insurance program that has lapsed in coverage, as a result of the deliberate choice of the holder of such policy; or
any prospective insured who refuses to accept any offer for mitigation assistance by the Administrator (including an offer to relocate), including an offer of mitigation assistance—
Definition In this section, the term “severe repetitive loss property” has the following meaning:
Multifamily properties In the case of a property consisting of 5 or more residences, such term shall have such meaning as the Administrator shall by regulation provide.
Studies and investigations The Director is authorized to undertake and carry out such studies and investigations and receive or exchange such information as may be necessary to estimate, and shall from time to time estimate, on an area, subdivision, or other appropriate basis—
any administrative expenses (or portion of such expenses) of carrying out the flood insurance program which, in his discretion, should properly be reflected in such rates, and
any remaining administrative expenses incurred in carrying out the flood insurance and floodplain management programs (including the costs of mapping activities under section 4101 of this title) not included under clause (ii), which shall be recovered by a fee charged to policyholders and such fee shall not be subject to any agents’ commissions, company expense allowances, or State or local premium taxes,
the rates, if less than the rates estimated under paragraph (1), which would be reasonable, would encourage prospective insureds to purchase flood insurance, and would be consistent with the purposes of this chapter, and which, together with a fee charged to policyholders that shall not be not subject to any agents’ commission, company expenses allowances, or State or local premium taxes, shall include any administrative expenses incurred in carrying out the flood insurance and floodplain management programs (including the costs of mapping activities under section 4101 of this title); and
Utilization of services of other Departments and agencies In carrying out subsection (a) of this section, the Director shall, to the maximum extent feasible and on a reimbursement basis, utilize the services of the Department of the Army, the Department of the Interior, the Department of Agriculture, the Department of Commerce, and the Tennessee Valley Authority, and, as appropriate, other Federal departments or agencies, and for such purposes may enter into agreements or other appropriate arrangements with any persons.
Priority to studies and investigations in States or areas evidencing positive interest in securing insurance under program The Director shall give priority to conducting studies and investigations and making estimates under this section in those States or areas (or subdivisions thereof) which he has determined have evidenced a positive interest in securing flood insurance coverage under the flood insurance program.
Eligibility of community making adequate progress on construction of flood protection system for rates not exceeding those applicable to completed flood protection system; determination of adequate progress Notwithstanding any other provision of law, any community that has made adequate progress, acceptable to the Director, on the construction of a flood protection system which will afford flood protection for the one-hundred year frequency flood as determined by the Director, shall be eligible for flood insurance under this chapter (if and to the extent it is eligible for such insurance under the other provisions of this chapter) at premium rates not exceeding those which would be applicable under this section if such flood protection system had been completed. The Director shall find that adequate progress on the construction of a flood protection system as required herein has been only if (1)
Availability of flood insurance in communities restoring disaccredited flood protection systems; criteria; rates Notwithstanding any other provision of law, this subsection shall only apply in a community which has been determined by the Administrator of the Federal Emergency Management Agency to be in the process of restoring flood protection afforded by a flood protection system that had been previously accredited on a Flood Insurance Rate Map as providing 100-year frequency flood protection but no longer does so. Except as provided in this subsection, in such a community, flood insurance shall be made available to those properties impacted by the disaccreditation of the flood protection system at premium rates that do not exceed those which would be applicable to any property located in an area of special flood hazard, the construction of which was started prior to the effective date of the initial Flood Insurance Rate Map published by the Director for the community in which such property is located. A revised Flood Insurance Rate Map shall be prepared for the community to delineate as Zone AR the areas of special flood hazard that result from the disaccreditation of the flood protection system. A community will be considered to be in the process of restoration if—
(Pub. L. 90–448, title XIII, § 1307,Aug. 1, 1968, 82 Stat. 576; Pub. L. 93–234, title I, § 109,Dec. 31, 1973, 87 Stat. 980; Pub. L. 93–383, title VIII, § 816(b),Aug. 22, 1974, 88 Stat. 739; Pub. L. 98–181, title IV, § 451(d)(1),Nov. 30, 1983, 97 Stat. 1229; Pub. L. 101–508, title II, § 2302(e)(1),Nov. 5, 1990, 104 Stat. 1388–24; Pub. L. 102–550, title IX, § 928,Oct. 28, 1992, 106 Stat. 3886; Pub. L. 109–295, title VI, § 612(c),Oct. 4, 2006, 120 Stat. 1410.)
This chapter, referred to in subsecs. (a)(2), (d), and (e), was in the original a reference to “this title” meaning title XIII of Pub. L. 90–448, Aug. 1, 1968, 82 Stat. 572, known as the National Flood Insurance Act of 1968, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 4001 of this title and Tables.
1990—Subsec. (a)(1)(B)(iii). Pub. L. 101–508, § 2302(e)(1)(A)–(C), added cl. (iii).
Subsec. (a)(2). Pub. L. 101–508, § 2302(e)(1)(D), inserted before semicolon “, and which, together with a fee charged to policyholders that shall not be not subject to any agents’ commission, company expenses allowances, or State or local premium taxes, shall include any administrative expenses incurred in carrying out the flood insurance and floodplain management programs (including the costs of mapping activities under section 4101 of this title)”.
1983—Subsecs. (a) to (c), (e). Pub. L. 98–181substituted “Director” for “Secretary” wherever appearing.
1974—Subsec. (e). Pub. L. 93–383added subsec. (e).
1973—Subsec. (d). Pub. L. 93–234added subsec. (d).
“Administrator of the Federal Emergency Management Agency” substituted for “Director of the Federal Emergency Management Agency” in subsec. (f) on authority of section 612(c) ofPub. L. 109–295, set out as a note under section 313 of Title 6, Domestic Security. Any reference to the Administrator of the Federal Emergency Management Agency in title VI of Pub. L. 109–295or an amendment by title VI to be considered to refer and apply to the Director of the Federal Emergency Management Agency until Mar. 31, 2007, see section 612(f)(2) ofPub. L. 109–295, set out as a note under section 313 of Title 6.
Pub. L. 108–7, div. K, title III, Feb. 20, 2003, 117 Stat. 517, provided in part: “That beginning in fiscal year 2003 and thereafter, fees authorized in 42 U.S.C. 4014
(a)(1)(B)(iii) shall be collected only if provided in advance in appropriations acts.”
Pub. L. 103–325, title V, § 578,Sept. 23, 1994, 108 Stat. 2284, required the Director of the Federal Emergency Management Agency to conduct a study of the economic effects that would result from increasing premium rates for flood insurance coverage for pre-FIRM structures and submit a report to Congress no later than 12 months after Sept. 23, 1994.
Pub. L. 101–137, § 5,Nov. 3, 1989, 103 Stat. 825, directed Director of Federal Emergency Management Agency to conduct a study to determine the impact of relative sea level rise on the flood insurance rate maps, such study also to project the economic losses associated with estimated sea level rise and aggregate such data for the United States as a whole and by region, with Director to report results of study to Congress not later than one year after Nov. 3, 1989.
42 USCDescription of ChangeSession YearPublic LawStatutes at Large § 40142012112-141 [Sec.] 100238(b)(1)126 Stat. 958 § 4014nt new2012112-141 [Sec.] 100230126 Stat. 946 § 40142012112-141 [Sec.] 100205(b)126 Stat. 918 § 4014nt new2012112-141 [Sec.] 100205(a)(2)126 Stat. 918 § 40142012112-141 [Sec.] 100205(a)(1)126 Stat. 917 § 40142012112-123 [Sec.] 2(a)126 Stat. 365 LII has no control over and does not endorse any external Internet site that contains links to or references LII.