[Congressional Record (Bound Edition), Volume 149 (2003), Part 22]
[House]
[Page 30784]
[From the U.S. Government Publishing Office, www.gpo.gov]




      NATIONAL FLOOD INSURANCE PROGRAM REAUTHORIZATION ACT OF 2004

  Mr. OXLEY. Mr. Speaker, I ask unanimous consent that the Committee on 
Financial Services be discharged from further consideration of the 
Senate bill (S. 1768) to extend the national flood insurance program, 
and ask for its immediate consideration in the House.
  The Clerk read the title of the Senate bill.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from Ohio?
  There was no objection.
  The Clerk read the Senate bill, as follows:

                                S. 1768

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

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``National Flood Insurance 
     Program Reauthorization Act of 2004''.

     SEC. 2. EXTENSION OF NATIONAL FLOOD INSURANCE PROGRAM.

       (a) Extension.--The National Flood Insurance Act of 1968 is 
     amended--
       (1) in section 1309(a)(2) (42 U.S.C. 4016(a)(2)), by 
     striking ``December 31, 2003'' and inserting ``December 31, 
     2004'';
       (2) in section 1319 (42 U.S.C. 4026), by striking ``after'' 
     and all that follows through the period at the end and 
     inserting ``after December 31, 2004.'';
       (3) in section 1336(a) (42 U.S.C. 4056(a)), by striking 
     ``ending'' and all that follows through ``in'' and inserting 
     ``ending December 31, 2004, in''; and
       (4) in section 1376(c) (42 U.S.C. 4127), by striking 
     ``December 31, 2003'' and inserting ``December 31, 2004''.
       (b) Effective Date.--The amendments made by this section 
     shall be considered to have taken effect on December 31, 
     2003.


      Amendment in the Nature of a Substitute Offered by Mr. Oxley

  Mr. OXLEY. Mr. Speaker, I offer an amendment in the nature of a 
substitute.
  The Clerk read as follows:

       Amendment in the nature of a substitute offered by Mr. 
     Oxley:
       Strike all after the enacting clause and insert the 
     following:

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``National Flood Insurance 
     Program Reauthorization Act of 2004''.

     SEC. 2. EXTENSION OF PROGRAM.

       (a) Extension.--The National Flood Insurance Act of 1968 is 
     amended as follows:
       (1) Authority for contracts.--In section 1319 (42 U.S.C. 
     4026), by striking ``December 31, 2003'' and inserting 
     ``March 31, 2004.''.
       (2) Borrowing authority.--In the first sentence of section 
     1309(a) (42 U.S.C. 4016(a)), by striking ``December 31, 
     2003'' and inserting ``the date specified in section 1319''.
       (3) Emergency implementation.--In section 1336(a) (42 
     U.S.C. 4056(a)), by striking ``December 31, 2003'' and 
     inserting ``on the date specified in section 1319''.
       (4) Authorization of appropriations for studies.--In 
     section 1376(c) (42 U.S.C. 4127(c)), by striking ``December 
     31, 2003'' and inserting ``the date specified in section 
     1319''.
       (b) Effective Date.--The amendments made by this section 
     shall be considered to have taken effect on December 31, 
     2003.

  Mr. OXLEY (during the reading). Mr. Speaker, I ask unanimous consent 
that the amendment in the nature of a substitute be considered as read 
and printed in the Record.
  The SPEAKER pro tempore. Is there objection to the request of the 
gentleman from Ohio?
  There was no objection.
  The amendment in the nature of a substitute was agreed to.
  The Senate bill was ordered to be read a third time, was read the 
third time, and passed, and a motion to reconsider was laid on the 
table.

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