Sec. 5. Mitigation assistance for homeowners
264 words·~1 min read·
/bill/113/hr/3156/ih/section-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 404 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5170c ) is amended by adding at the end the following: In this subsection, the term eligible property means— a property— described in paragraph
(1)or
(2)of section 1307(g) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4014(g) ); for which a policy under the flood insurance program has lapsed in coverage, as a result of the deliberate choice of the holder of such policy, as described in paragraph
(3)of section 1307(g) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4014(g) ); or with respect to which a prospective insured refuses to accept any offer for mitigation assistance by the Administrator of the Federal Emergency Management Agency (including an offer to relocate), as described in paragraph
(4)of section 1307(g) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4014(g) ); and a property for which the risk premium rate for flood insurance coverage under the National Flood Insurance Program increases under section 1308(h) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4015(h) ) on or after July 6, 2012. In providing hazard mitigation assistance under this section in connection with flooding, the Administrator of the Federal Emergency Management Agency shall ensure that not less than 25 percent of the estimated aggregate amount of such assistance provided to a grant recipient is used to elevate, acquire, or relocate eligible properties, to the extent that eligible properties exist within the jurisdiction of the grant recipient. .
Connectionstraces to 3
Traces to 3 documents
Citation graph
cites case law
Cites 3Cited by 0 across 0 sources