110 HR 922 IH: National Flood Insurance Program U.S. House of Representatives 2007-02-08 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.

I 110th CONGRESS 1st Session H. R. 922 IN THE HOUSE OF REPRESENTATIVES February 8, 2007 Ms. Matsui (for herself and Mr. Frank of Massachusetts) introduced the following bill; which was referred to the Committee on Financial Services A BILL To provide for a study by the Government Accountability Office on methods, practices, and incentives to increase the extent to which low-income property owners living in high-risk locations participate in the National Flood Insurance Program.

1.

Short title

This Act may be cited as the National Flood Insurance Program Participation Evaluation Act of 2007.

2.

GAO study of methods to increase flood insurance program participation by low-income families

(a)

In general

The Comptroller General of the United States shall conduct a study to identify and analyze potential methods, practices, and incentives that would increase the extent to which low-income families (as such term is defined in section 3(b) of the United States Housing Act of 1937 (42 U.S.C. 1437a(b))) that own residential properties located within areas having special flood hazards purchase flood insurance coverage for such properties under the national flood insurance program. In conducting the study, the Comptroller General shall analyze the effectiveness and costs of the various methods, practices, and incentives identified, including their effects on the national flood insurance program. (b)

Report

The Comptroller General shall submit to the Congress a report setting forth the conclusions of the study under this section not later than 12 months after the date of the enactment of this Act.