Sec. 307. Strengthening resilience under National Flood Insurance Program
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There is authorized to be appropriated for carrying out the Flood Mitigation Assistance Grant program under section 1366 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4104c ) $11,900,000,000 and any amounts appropriated pursuant to this section shall remain available until expended. With regard to any structure that is a multifamily residence or an attached or semi-attached residence, the Administrator of the Federal Emergency Management Agency shall consult with the Secretary of Housing and Urban Development and establish alternative forms of mitigation.
For the purposes of this subsection, the term multifamily residence has the same meaning as in the Flood Disaster Protection Act of 1973 and the National Flood Insurance Act of 1968. All laborers and mechanics employed by contractors or subcontractors in the performance of construction, alteration or repair work carried out, in whole or in part, with assistance made available through this section shall be paid wages at rates not less than those prevailing on projects of a similar character in the locality as determined by the Secretary of Labor in accordance with subchapter IV of chapter 31 of title 40, United States Code.
With respect to the labor standards in this paragraph, the Secretary of Labor shall have the authority and functions set forth in Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267; 5 U.S.C. App.) and section 3145 of title 40, United States Code. Paragraph
(1)shall not apply to single-family homes or residential properties of less than 5 units. Paragraph
(1)shall not apply to any individual that— performs services for which the individual volunteered; does not receive compensation for such services or is paid expenses, reasonable benefits, or a nominal fee for such services; and is not otherwise employed at any time in the construction work. Notwithstanding any other provision of law, all indebtedness of the Administrator of the Federal Emergency Management Agency under any notes or other obligations issued pursuant to section 1309(a) of the National Flood Insurance Act of 1968 (42 U.S.C. 7 4016(a)) and section 15(e) of the Federal Insurance Act of 1956 ( 42 U.S.C. 2414(e) ), and outstanding as of the date of the enactment of this Act, is hereby canceled, the Administrator and the National Flood Insurance Fund are relieved of all liability to the Secretary of the Treasury under any such notes or other obligations, including for any capitalized interest due under such notes or other obligations and any other fees and charges payable in connection with such notes and obligations, and the total amount of notes and obligations issued by the Administrator pursuant to such section shall be considered to be reduced by such amount for purposes of the limitation on such total amount under such section. The amount of the indebtedness canceled under paragraph (1)— may be treated as a public debt of the United States; and is designated as an emergency pursuant to section 4(g) of the Statutory Pay-As-You-Go Act of 26 2010 ( 2 U.S.C. 933(g) ).
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- 64 Stat. 1267
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Sec. 307
Strengthening resilience under National Flood Insurance Program
Stat.64 Stat. 1267
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