Sec. 14. ACCOUNTING FOR FLOOD MITIGATION ACTIVITIES IN ESTIMATES OF PREMIUM RATES

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## SEC. 14 ACCOUNTING FOR FLOOD MITIGATION ACTIVITIES IN ESTIMATES OF PREMIUM RATES Subparagraph

(A)of section 1307(a)(1) of the National Flood Insurance Act of 1968 (42 U.S.C. 4014(a)(1)(A)) is amended to read as follows: > > ##### “(A) > > based on consideration of— > > > ###### “(i) > > the risk involved and accepted actuarial principles; and > > > ###### “(ii) > > the flood mitigation activities that an owner or lessee has undertaken on a property, including differences in the risk involved due to land use measures, floodproofing, flood forecasting, and similar measures, and” > .

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U.S. Code

Estimates of premium rates
§ 4014

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Sec. 14

ACCOUNTING FOR FLOOD MITIGATION ACTIVITIES IN ESTIMATES OF PREMIUM RATES

U.S.C.§ 4014

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