[Congressional Record (Bound Edition), Volume 160 (2014), Part 3]
[Senate]
[Page 4458]
[From the U.S. Government Publishing Office, www.gpo.gov]




            NATIONAL FLOOD INSURANCE PROGRAM PREMIUM REFUNDS

  The PRESIDING OFFICER. Under the previous order, the Senate will 
proceed to the consideration of S. 2137, which the clerk will report.
  The assistant legislative clerk read as follows:

       A bill (S. 2137) to ensure that holders of flood insurance 
     policies under the National Flood Insurance Program do not 
     receive premium refunds for coverage of second homes.

  The PRESIDING OFFICER. Under the previous order, there will be 2 
minutes of debate equally divided prior to a vote on S. 2137.
  Who yields time?
  Mr. COBURN. Madam President, we yield back the time.
  The PRESIDING OFFICER. Is there objection?
  Without objection, all time is yielded back.
  The bill was ordered to be engrossed for a third reading and was read 
the third time.
  The PRESIDING OFFICER. The bill having been read the third time, the 
question is, Shall it pass?
  The bill (S. 2137) was passed, as follows:

                                S. 2137

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

     SECTION 1. NO REFUNDS UNDER NATIONAL FLOOD INSURANCE PROGRAM 
                   FOR COVERAGE OF SECOND HOMES.

         (a) Definition.--In this section, the term ``National 
     Flood Insurance Program'' means the program established under 
     the National Flood Insurance Act of 1968 (42 U.S.C. 4001 et 
     seq.).
         (b) No Refunds for Coverage of Second Homes.--
     Notwithstanding section 3(a)(4) of the Homeowner Flood 
     Insurance Affordability Act of 2014 or any other provision of 
     law, in the case of flood insurance coverage under the 
     National Flood Insurance Program for a residential property 
     that is not the primary residence of an individual (as that 
     term is used in section 1307(a)(2)(A) of the National Flood 
     Insurance Act of 1968 (42 U.S.C. 4014(a)(2)(A))), the 
     Administrator of the Federal Emergency Management Agency may 
     not refund any premium for such coverage collected in excess 
     of the rates required under the provisions of, and amendments 
     made by, section 3 of the Homeowner Flood Insurance 
     Affordability Act of 2014.

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