H.R.5114 - Flood Insurance Reform Priorities Act of 2010
To extend the authorization for the national flood insurance program, to identify priorities essential to reform and ongoing stable functioning of the program, and for other purposes. view all titles (4)
All Bill Titles
- Official: To extend the authorization for the national flood insurance program, to identify priorities essential to reform and ongoing stable functioning of the program, and for other purposes. as introduced.
- Short: Flood Insurance Reform Priorities Act of 2010 as introduced.
- Short: Flood Insurance Reform Priorities Act of 2010 as reported to house.
- Short: Flood Insurance Reform Priorities Act of 2010 as passed house.
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|Latest Amendment||Status||Purpose View All Amendments |
|H.Amdt 718||Pass||An amendment numbered 1 printed in House Report 111-537 to (1) Phase out subsidized premiums for severe repetitive loss prope rties, substantially damaged or improved properties and policy holders who voluntarily allow flood coverage to lapse. (2) Clarify application of actuarial rate phase-in for pre-FIRM properties sold after enactment. (3) Provide preferred rate premium for properties participating in NFIP during newly established, 5-year delay in mandatory flood insurance purchase requirement. (4) Expand availability of installment premium payment program to all policyholders. (5) Clarify that the FEMA Director may work directly with property owners to make mitigation grants for certain repetitive loss properties where States or communities are either unable or unwilling to address repetitive loss issues with a property owner. (6) Allow commercial properties with swimming pools located below the base flood level to enclose those pools with breakaway walls outside of hurricane season. (7) Require FEMA to review mapping of surrounding properties following successful appeal of hazard designation in newly mapped areas. (8) Clarify ability of FEMA Administrator to use demolition and rebuilding as mitigation techniques. (9) Require study of the impact of working waterfronts on storm and flood risk. (10) Establish relevant flood insurance.related studies. (11) Conform rule writing and implementation of various provisions of bill. (12) Include other technical improvements.|
|H.Amdt 719||Pass||An amendment numbered 2 printed in House Report 111-537 to require the FEMA to annually submit a report (no later than December 31 of each calendar year) to Congress on the effectiveness of grants awarded to local government agencies, the activities conducted and the effect of such activities on the retention or acquisition of flood insurance coverage.|
|H.Amdt 720||Pass||An amendment numbered 3 printed in House Report 111-537 to provide that if the owner of any property located in an area described in section 102(i)(1) of the Flood Disaster Protection Act of 1973 obtains a letter of map amendment during the 5-year period for such area referred to in such section, FEMA shall reimburse such owner, or such entity or jurisdiction acting on such owners behalf, for any costs incurred in obtaining such letter.|
|Latest Actions View All Actions |
|Apr 22nd||Referred to the House Committee on Financial Services.|
|Apr 27th||Ordered to be Reported (Amended) by Voice Vote.|