Instructions: In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
Input: SECTION 1. MORATORIUM ON FLOOD MAP UPDATES.

The Administrator of the Federal Emergency Management Agency may
not revise and update a floodplain area or flood-risk zone under
section 1360(f) of the National Flood Insurance Act of 1968 (42 U.S.C.
4101(f)) until the date on which the Administrator submits to Congress
a community outreach plan for the updating of floodplain areas and
flood-risk zones.

SEC. 2. REFUNDABLE CREDIT FOR RESIDENTIAL PROPERTY LOCATED IN EXPANDED
FLOOD ZONE.

(a) In General.--Subpart C of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 (relating to refundable credits)
is amended by inserting after section 36 the following new section:

''SEC. 36A. NEW FLOOD ZONE PREMIUM CREDIT.

''(a) Allowance of Credit.--In the case of an eligible individual,
there shall be allowed as a credit against the tax imposed by this
chapter for the taxable year an amount equal to the premium paid by the
taxpayer for flood insurance under the National Flood Insurance Act of
1968 (42 U.S.C. 4001 et seq.) covering any residential property of the
taxpayer which is a qualified flood risk property.
''(b) Limitations.--
''(1) Limitation based on income.--
''(A) In general.--The amount which would (but for
this subsection) be allowable as a credit under this
section shall be reduced (but not below zero) by the
amount determined under subparagraph (B).
''(B) Amount of reduction.--The amount determined
under this subparagraph is the amount which bears the
same ratio to the amount which would be so taken into
account as--
''(i) the excess of--
''(I) the taxpayer's modified
adjusted gross income for such taxable
year, over
''(II) $50,000 ($100,000 in the
case of a joint return), bears to
''(ii) $100,000 ($200,000 in the case of a
joint return).
''(C) Modified adjusted gross income.--For purposes
of subparagraph (B), the term 'modified adjusted gross
income' means adjusted gross income determined--
''(i) without regard to this section and
sections 199, 222, 911, 931, and 933, and
''(ii) after application of sections 86,
135, 137, 219, 221, and 469.
''(2) Limitation based on period.--No amount shall be
allowed as a credit under subsection (a) with respect to any
residential property after the end of the 4th calendar
beginning after the calendar year in which the map referred to
in subsection (c)(1) first became effective.
''(c) Qualified Flood Risk Property.--For purposes of this section,
the term 'qualified flood risk property' means a residential property
(within the meaning of the National Flood Insurance Act of 1968)
which--
''(1) is located in a floodplain area or flood-risk zone,
as depicted on a flood insurance rate map revised and updated
pursuant to section 1360(f) of the National Flood Insurance Act
of 1968 (42 U.S.C. 4101),
''(2) was outside of any floodplain area or flood-risk zone
prior to such revision and updating, and
''(3) with respect to which--
''(A) the taxpayer owned such property on the date
such revised and updated map first became effective, or
''(B) the purchase or construction of which by the
taxpayer was subject to a binding written contract on
such date.''.
(b) Conforming Amendments.--
(1) Paragraph (2) of section 1324(b) of title 31, United
States Code, is amended by inserting '', 36A'' after ''36''.
(2) The table of sections for subpart C of part IV of
subchapter A of chapter 1 of the Internal Revenue Code of 1986
is amended by inserting after the item relating to section 36
the following new item:

''Sec. 36A. New flood zone premium credit.''.
(c) Effective Date; Waiver of Limitations.--
(1) In general.--The amendments made by this section shall
apply with respect to any flood insurance rate map which
becomes effective pursuant to section 1360(f) of the National
Flood Insurance Act of 1968 (42 U.S.C. 4101).
(2) Waiver of limitations.--If refund or credit of any
overpayment of tax resulting from the amendments made by this
section is prevented at any time before the close of the 1-year
period beginning on the date of the enactment of this Act by
the operation of any law or rule of law (including res
judicata), such refund or credit may nevertheless be made or
allowed if claim therefor is filed before the close of such
period.

SEC. 3. GRANT PROGRAM TO IMPROVE COMMUNITY RATING.

Section 1315(b) of the National Flood Insurance Act of 1968 (42
U.S.C. 4022(b)) is amended--
(1) by redesignating paragraph (4) as paragraph (5); and
(2) by inserting after paragraph (3) the following new
paragraph:
''(5) Grants.--The program shall provide grants to
communities for projects to improve the community rating of the
communities under the program.''.
Output:
Prohibits the Administrator of the Federal Emergency Management Agency (FEMA) from updating a floodplain area or flood-risk zone under the National Flood Insurance Act of 1968 until the Administrator submits a community outreach plan to Congress.

Amends the Internal Revenue Code to provide for a credit equal to the premium paid by the taxpayer for flood insurance covering any residential property which is a qualified flood risk property, subject to an income-based limitation. Defines "qualified flood risk property" as a residential property: (1) that is located in a floodplain area or flood-risk zone depicted on a flood insurance rate map revised and updated pursuant to such Act; (2) that was outside of any floodplain area or flood-risk zone prior to such revision; and (3) that the taxpayer owned on the date such map became effective or the purchase or construction of which by the taxpayer was subject to a binding written contract on such date.

Makes this Act applicable to any flood insurance rate map that becomes effective pursuant to such Act. Provides that if a refund or credit of any overpayment resulting from this Act is prevented at any time before one year after enactment of this Act, such refund or credit may occur if the claim is filed before the close of that period.

Amends such Act to require the community rating system program to provide grants to communities for projects to improve the rating of communities under the program.