An amendment numbered 4 printed in House Report 112-138 to strike additional coverage provided in H.R. 1309 for business interruption and cost of living expenses.

1. 1

   Change 1: Replaces “(8)” with “(6)”

   ReplacesPage 15, line 5Printed page

   [struck: (8)][inserted: (6)]

   Original wording

   Page 15, line 5, strike “(8)” and insert “(6)”.

2. 2

   Change 2: Replaces “(2), (3), (4), (5), and (6)” with “(2), (3), and (4)”

   ReplacesPage 15, line 6Printed page

   [struck: (2), (3), (4), (5), and (6)][inserted: (2), (3), and (4)]

   Original wording

   Page 15, line 6, strike “(2), (3), (4), (5), and (6)” and insert “(2), (3), and (4)”.

3. 3

   Change 3: Strikes section 4(d)

   Strikes

   In H.R. 1309 · Reported in House

   Struck: (d) Optional Coverage for Loss of Use of Personal Residence and Business Interruption.--Subsection (b) of section 1306 of the National Flood Insurance Act of 1968 (42 U.S.C. 4013(b)), as amended by the preceding provisions of this section, is further amended by inserting after paragraph (4) the following new paragraphs:

   Struck: "(5) the Administrator may provide that, in the case of any residential property, each renewal or new contract for flood insurance coverage may provide not more than $5,000 aggregate liability per dwelling unit for any necessary increases in living expenses incurred by the insured when losses from a flood make the residence unfit to live in, except that--

   Struck: "(A) purchase of such coverage shall be at the option of the insured;

   Struck: "(B) any such coverage shall be made available only at chargeable rates that are not less than the estimated premium rates for such coverage determined in accordance with section 1307(a)(1); and

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   Struck: "(C) the Administrator may make such coverage available only if the Administrator makes a determination and causes notice of such determination to be published in the Federal Register that--

   Struck: "(i) a competitive private insurance market for such coverage does not exist; and

   Struck: "(ii) the national flood insurance program has the capacity to make such coverage available without borrowing funds from the Secretary of the Treasury under section 1309 or otherwise;

   Struck: "(6) the Administrator may provide that, in the case of any commercial property or other residential property, including multifamily rental property, coverage for losses resulting from any partial or total interruption of the insured's business caused by damage to, or loss of, such property from a flood may be made available to every insured upon renewal and every applicant, up to a total amount of $20,000 per property, except that--

   Struck: "(A) purchase of such coverage shall be at the option of the insured;

   Struck: "(B) any such coverage shall be made available only at chargeable rates that are not less than the estimated premium rates for such coverage determined in accordance with section 1307(a)(1); and

   Struck: "(C) the Administrator may make such coverage available only if the Administrator makes a determination and causes notice of such determination to be published in the Federal Register that--

   Struck: "(i) a competitive private insurance market for such coverage does not exist; and

   Struck: "(ii) the national flood insurance program has the capacity to make such coverage available without borrowing funds from the Secretary of the Treasury under section 1309 or otherwise;".

   Original wording

   Strike subsection (d) of section 4 (page 16, line 1 and all that follows through page 18, line 10).

Read automatically from the Congressional Record. Check the original before relying on it.

As printed