3.0.0 5255 2023-01-11T13:20:12Z 2023-01-11T13:20:12Z House H HR 2010-05-07 111 hsba00 Financial Services Committee House Standing Referred to 2010-05-07T14:00:31Z 2010-05-07 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-05-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-05-07 Introduced in House IntroReferral 1000 9 Library of Congress F000339 Rep. Frank, Barney [D-MA-4] BARNEY FRANK D MA 4 N K000008 Rep. Kanjorski, Paul E. [D-PA-11] PAUL KANJORSKI D PA E. 11 2010-05-07 True W000187 Rep. Waters, Maxine [D-CA-35] MAXINE WATERS D CA 35 2010-05-07 True M001163 Rep. Matsui, Doris O. [D-CA-5] Doris Matsui D CA O. 5 2010-05-07 True M000309 Rep. McCarthy, Carolyn [D-NY-4] CAROLYN MCCARTHY D NY 4 2010-05-25 False M001166 Rep. McNerney, Jerry [D-CA-11] Jerry McNerney D CA 11 2010-06-09 False C000754 Rep. Cooper, Jim [D-TN-5] JAMES COOPER D TN H. 5 2010-06-15 False Emergency Management Disaster relief and insurance Floods and storm protection Government information and archives Emergency Management 00 2010-05-07 Introduced in House 2010-06-16T16:09:46Z Stable Flood Insurance Authorization Act of 2010 - Amends the National Flood Insurance Act of 1968 to extend through FY2010 both the National Flood Insurance Program and the Pilot Program for Mitigation of Severe Repetitive Loss Properties.

Repeals the September 30, 2009, termination date for, and thus makes permanent, the authority of the Administrator of the Federal Emergency Management Agency (FEMA) to provide assistance to any state or community.

Extends eligibility for flood insurance at specified maximum premium rates to any community that has made adequate progress on construction (as under current law), reconstruction, or improvement of a flood protection system which will afford flood protection for the one-hundred year frequency flood (without respect to the level of federal investment or participation).

Revises the requirement that a revised Flood Insurance Rate Map 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. Specifies that the areas of special flood hazard may be either coastal or riverine.

Revises the requirement that a community will be considered to be in the process of restoration if its flood protection system has been deemed restorable by a federal agency in consultation with the local project sponsor. Replaces a federal agency as the deeming authority with the entity or entities that own, operate, maintain, or repair the system.

Directs the Administrator to implement this Act so as not to materially weaken the financial position of the national flood insurance program, or increase the risk of financial liability to federal taxpayers.

Authorizes the Administrator to establish floor insurance premium rates, and related terms and conditions, by notice.

Amends the Flood Disaster Protection Act of 1973 to delay the effective date of the mandatory purchase requirement for newly designated special flood hazard areas until expiration of the three-year period beginning upon the date that certain flood insurance maps are either issued, revised, or updated.

Requires the Administrator to notify residents of special flood hazard areas annually that: (1) they reside in such an area; and (2) it is mandatory to purchase flood insurance coverage for their properties. Requires such notice to contain a general estimate of what similar homeowners in similar areas typically pay for such coverage.

]]> Stable Flood Insurance Authorization Act of 2010 Display Title Stable Flood Insurance Authorization Act of 2010 Official Title as Introduced To reauthorize the National Flood Insurance Program, and for other purposes. Introduced in House IH Short Titles as Introduced Stable Flood Insurance Authorization Act of 2010 Introduced in House 2010-05-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr5255ih/xml/BILLS-111hr5255ih.xml 2010-05-07 Referred to the House Committee on Financial Services. 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.