Sec. 6. Consideration of coastal and inland locations in premium rates
146 words·~1 min read·
/bill/114/hr/3297/ih/section-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Clause
(i)of section 1307(a)(1)(A) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4014(a)(1)(A)(i) ) is amended by inserting , taking into consideration differences between properties located in coastal areas and properties located inland, after the risk involved . Paragraph
(1)of section 1308(b) of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4015(b)(1) ) is amended by inserting due to differences between properties located in coastal areas and properties located inland and after differences in risks . Not later than the expiration of the 180-day period beginning on the date of the enactment of this Act, the Administrator of the Federal Emergency Management Agency shall revise and expand the rate tables for premiums under the National Flood Insurance Program to implement the amendments made by this section and reflect differences between properties located in coastal areas and properties located inland.
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources