Sec. 4. Levee-impacted areas
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Section 1360 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4101 ) is amended by adding at the end the following new subsection: Subject only to full implementation of subparagraphs (A)(iii) and
(B)of section 100216(b)(1) of the Biggert-Waters Flood Insurance Reform Act of 2012 ( 42 U.S.C. 4101b(b)(1) ) and notwithstanding any other provision of law, if a community that applies to the Administrator for the remapping of a levee-impacted area in which the pertinent levee system fails to meet the National Flood Insurance Program’s minimum design, operation, and maintenance standards required for levee accreditation on a flood insurance rate map— the Administrator shall establish flood risk zones for those areas on such maps to be known as AL zones; and flood insurance shall be made available to properties located within such zones at actuarial rates based upon the risk associated with structures within the applicable AL zones. Before the Administrator has developed actuarial rates for the various AL zones, covered structures within the portions of the community located within the levee-impacted area shall be eligible for rates associated with areas of moderate flood hazards. .
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