S.Amdt. 4041

SA 4041. Mr. REED submitted an amendment intended to be proposed to
amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and
Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability
of the United States by improving accountability and transparency in
the financial system, to end ``too big to fail'', to protect the
American taxpayer by ending bailouts, to protect consumers from abusive
financial services practices, and for other purposes; which was ordered
to lie on the table; as follows:

On page 392, between lines 22 and 23, insert the following:
``(G) to coordinate with other Federal agencies (including
the Federal Emergency Management Agency), States (including
State insurance regulators), and insurance companies efforts
to facilitate the timely processing of flood insurance claims
by insurance companies and agents (including through
recommending best practices such as telephone hotlines for
victims or deployment of personnel of the Office to flood
areas) in any area for which the President declares a major
disaster under section 401 of the Robert T. Stafford Disaster
Relief and Emergency Assistance Act (42 U.S.C. 5170) relating
to flooding; and

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