Sec. 26. FLOOD MITIGATION METHODS FOR BUILDINGS
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## SEC. 26 FLOOD MITIGATION METHODS FOR BUILDINGS ###
(a)Guidelines ####
(1)In general Section 1361 of the National Flood Insurance Act of 1968 (42 U.S.C. 4102) is amended by adding at the end the following new subsection: > > ### “(d) Flood Mitigation Methods for Buildings > > The Administrator shall establish guidelines for property owners that— > > > #### “(1) > > provide alternative methods of mitigation, other than building elevation, to reduce flood risk to residential buildings that cannot be elevated due to their structural characteristics, including— > > > ##### “(A) > > types of building materials; and > > > ##### “(B) > > types of floodproofing; and > > > #### “(2) > > inform property owners about how the implementation of mitigation methods described in paragraph
(1)may affect risk premium rates for flood insurance coverage under the National Flood Insurance Program.” > . ####
(2)Issuance **[**[42 U.S.C. 4102 note](/us/usc/t42/s4102)**]** The Administrator shall issue the guidelines required under section 1361(d) of the National Flood Insurance Act of 1968 (42 U.S.C. 4102(d)), as added by the amendment made by paragraph
(1)of this subsection, not later than the expiration of the 1-year period beginning on the date of the enactment of this Act. ###
(b)Calculation of Risk Premium Rates Section 1308 of the National Flood Insurance Act of 1968 (42 U.S.C. 4015), as amended by the preceding provisions of this Act, is further amended by adding at the end the following new subsection: > > ### “(k) Consideration of Mitigation Methods > > In calculating the risk premium rate charged for flood insurance for a property under this section, the Administrator shall take into account the implementation of any mitigation method identified by the Administrator in the guidance issued under section 1361(d) (42 U.S.C. 4102(d)).” > .
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