3.0.0 670 2023-01-15T21:48:57Z 2023-01-15T21:48:57Z House H HR 2003-02-11 108 hsba00 Financial Services Committee House Standing hsba04 Housing and Insurance Subcommittee Referred to 2003-02-27T20:39:46Z Referred to 2003-02-11T17:34:45Z 2003-02-27 hsba04 Housing and Insurance Subcommittee 1 House committee actions Referred to the Subcommittee on Housing and Community Opportunity. Committee 2003-02-11 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2003-02-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2003-02-11 Introduced in House IntroReferral 1000 9 Library of Congress B000072 Rep. Baker, Richard H. [R-LA-6] RICHARD BAKER R LA H. 6 N Emergency Management Administrative remedies Buildings Congress Congressional oversight Congressional reporting requirements Department of Homeland Security Disaster insurance Economics and Public Finance Federal Emergency Management Agency Finance and Financial Sector Flood damage prevention Fraud Government Operations and Politics Government securities Government trust funds Housing and Community Development Insurance premiums Land transfers Land use Law Maps Open space lands Public Lands and Natural Resources Water Resources Development Emergency Management 00 2003-02-11 Introduced in House 2006-11-28T17:35:40Z Requires the Director to determine for each fiscal year the portion of amounts in the National Flood Insurance Fund attributable to savings from such activities and purchases, which shall be available for such activities and purchases in that fiscal year. Allows the Director, after determining that 75 percent of such existing qualified repetitive loss structures have been provided mitigation that sufficiently reduces the risk of losses from flooding or have been purchased, to use up to 75 percent of the amount reserved for such activities and purchases for the costs of mapping activities.

Allows the Director, in cases of such structures whose owners refused purchase or mitigation offers: (1) to deny the provision of new flood insurance coverage and to cancel existing coverage; or (2) to increase the chargeable risk premium rate for new coverage to an amount that is not more than the applicable estimated risk premium rate. Allows the Director to deny or cancel existing coverage for properties for which fraudulent claims have been made. Permits appeals by owners aggrieved by any such determinations.]]>

Flood Loss Mitigation Act of 2003 Display Title Flood Loss Mitigation Act of 2003 Official Title as Introduced To amend the National Flood Insurance Act of 1968 to provide for identification, mitigation, and purchase of properties insured under the national flood insurance program that suffer repetitive losses. Introduced in House IH Short Titles as Introduced Flood Loss Mitigation Act of 2003 Introduced in House 2003-02-11T05:00:00Z 2003-02-27 Referred to the Subcommittee on Housing and Community Opportunity. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.