An amendment numbered 13 printed in House Report 112-138 to allow communities to be reimbursed for certain costs associated with a successful challenge to a bona fide mapping error made by FEMA resulting in a Letter of Map Revision.

1. 1

   Change 1: Inserts “AND COMMUNITIES” before “OBTAINING”

   InsertsPage 55, line 4Printed page

   In H.R. 1309 · Reported in House

   Subsection (c) of section 5 of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2604(c)) is amended by adding at the end the following new sentence: "Each such good faith estimate shall include the following conspicuous statements and information: (1) that flood insurance coverage for residential real estate is generally available under the national flood insurance program whether or not the real estate is located in an area having special flood hazards and that, to obtain such coverage, a home owner or purchaser should contact the national flood insurance program; (2) a telephone number and a location on the Internet by which a home owner or purchaser can contact the national flood insurance program; and (3) that the escrowing of flood insurance payments is required for many loans under section 102(d) of the Flood Disaster Protection Act of 1973, and may be a convenient and available option with respect to other loans.".

   SEC. 19. REIMBURSEMENT FOR COSTS INCURRED BY HOMEOWNERS [inserted: AND COMMUNITIES ]OBTAINING LETTERS OF MAP AMENDMENT.

   (a) In General.--Section 1360 of the National Flood Insurance Act of 1968 (42 U.S.C. 4101), as amended by the preceding provisions of this Act, is further amended by adding at the end the following new subsection:

   Original wording

   Page 55, line 4, before “OBTAINING” insert “AND COMMUNITIES”.

2. 2

   Change 2: Inserts “OR REVISION” before the period at the end

   InsertsPage 55, line 5Printed page

   Inserted: OR REVISION

   Original wording

   Page 55, line 5, before the period insert “OR REVISION”.

3. 3

   Change 3: Inserts “, or a community in which such a property is located,” after “1973”

   InsertsPage 55, line 14Printed page

   …1973[inserted: , or a community in which such a property is located,]…

   Original wording

   Page 55, line 14, after “1973” insert “, or a community in which such a property is located,”.

4. 4

   Change 4: Inserts “, or a letter of map revision,” before “due”

   InsertsPage 55, line 15Printed page

   …[inserted: , or a letter of map revision, ]due…

   Original wording

   Page 55, line 15, before “due” insert “, or a letter of map revision,”.

5. 5

   Change 5: Inserts “or such community, as applicable,” after “behalf,”

   InsertsPage 55, line 19Printed page

   In H.R. 1309 · Reported in House

   "(m) Reimbursement.--

   "(1) Requirement upon bona fide offer.--If an owner of any property located in an area described in section 102(i)(3) of the Flood Disaster Protection Act of 1973 obtains a letter of map amendment due to a bona fide error on the part of the Administrator of the Federal Emergency Management Agency, the Administrator shall reimburse such owner, or such entity or jurisdiction acting on such owner's behalf, [inserted: or such community, as applicable, ]for any reasonable costs incurred in obtaining such letter.

   "(2) Reasonable costs.--The Administrator shall, by regulation or notice, determine a reasonable amount of costs to be reimbursed under paragraph (1), except that such costs shall not include legal or attorneys fees. In determining the reasonableness of costs, the Administrator shall only consider the actual costs to the owner of utilizing the services of an engineer, surveyor, or similar services.".

   Original wording

   Page 55, line 19, after “behalf,” insert “or such community, as applicable,”.

6. 6

   Change 6: Inserts “or community, as applicable,” after “owner”

   InsertsPage 56, line 2Printed page

   …owner[inserted: or community, as applicable,]…

   Original wording

   Page 56, line 2, after “owner” insert “or community, as applicable,”.

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

As printed