[Congressional Record Volume 170, Number 24 (Friday, February 9, 2024)]
[House]
[Page H543]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. DIAZ-BALART:
       H.R. 7310.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article 1, Section 8 of the U.S. Constitution
       The single subject of this legislation is:
       This bill requires the Department of Housing and Urban 
     Development (HUD) to disclose certain flood hazards to 
     prospective buyers when listing a one-to-four-unit 
     residential property for sale. The requirement applies to 
     every such HUD-owned property located in a special flood 
     hazard area and requires HUD to disclose (1) the estimated 
     monthly cost to insure the property under the National Flood 
     Insurance Program in the zip code where the property is 
     located and (2) whether the property is a severe repetitive 
     loss property,