[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 804 Reported in House (RH)]

                                                  Union Calendar No. 24
109th CONGRESS
  1st Session
                                H. R. 804

                          [Report No. 109-44]

  To exclude from consideration as income certain payments under the 
                   national flood insurance program.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 15, 2005

  Mr. Baker introduced the following bill; which was referred to the 
                    Committee on Financial Services

                             April 14, 2005

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed

_______________________________________________________________________

                                 A BILL


 
  To exclude from consideration as income certain payments under the 
                   national flood insurance program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. TREATMENT OF CERTAIN PAYMENTS UNDER NATIONAL FLOOD INSURANCE 
              PROGRAM.

    Chapter I of the National Flood Insurance Act of 1968 (42 U.S.C. 
4011 et seq.) is amended by adding at the end the following new 
section:

                    ``treatment of certain payments

    ``Sec. 1324. Assistance provided under a program under this title 
for flood mitigation activities (including any assistance provided 
under the mitigation pilot program under section 1361A, any assistance 
provided under the mitigation assistance program under section 1366, 
and any funding provided under section 1323) with respect to a property 
shall not be considered income or a resource of the owner (or any 
lessee or user) of the property when determining eligibility for or 
benefit levels under any income assistance or resource-tested program 
that is funded in whole or in part by an agency of the United States or 
by appropriated funds of the United States.''.




                                                  Union Calendar No. 24

109th CONGRESS

  1st Session

                               H. R. 804

                          [Report No. 109-44]

_______________________________________________________________________

                                 A BILL

  To exclude from consideration as income certain payments under the 
                   national flood insurance program.

_______________________________________________________________________

                             April 14, 2005

Committed to the Committee of the Whole House on the State of the Union 
                       and ordered to be printed