S.Amdt. 1113

1. Adds Subtitle D--National Flood Insurance Program SEC. 12301. DELAY IN IMPLEMENTATION OF SECTION 100207 OF THE BIGGERT-WATERS FLOOD INSURANCE REFORM ACT OF 2012 at the end of title XII

   Adds a section

   In S. 954 · Placed on Calendar Senate

   (f) Authorization of Appropriations.--There are authorized to be appropriated such sums as are necessary to carry out this section for each of fiscal years 2014 through 2019.

   Inserted: Subtitle D--National Flood Insurance Program SEC. 12301. DELAY IN IMPLEMENTATION OF SECTION 100207 OF THE BIGGERT-WATERS FLOOD INSURANCE REFORM ACT OF 2012.

   Inserted: Notwithstanding any other provision of law, section 1308(h) of the National Flood Insurance Act of 1968 (42 U.S.C. 4015(h)), as added by section 100207 of the Biggert-Waters Flood Insurance Reform Act of 2012 (Public Law 112-141; 126 Stat. 919), shall have no force or effect until the date that is 3 years after the date of enactment of this Act.

   Inserted: SEC. 12302. AFFORDABILITY STUDY.

   Inserted: Section 100236 of the Biggert-Waters Flood Insurance Reform Act of 2012 (Public Law 112-141; 126 Stat. 957) is amended--

   Inserted: (1) in subsection (c), by striking "Not" and inserting the following: "Subject to subsection (e), not";

   Inserted: (2) in subsection (d)--

   Inserted: (A) by striking "Notwithstanding" and inserting the following:

   Inserted: "(1) National flood insurance fund.--Notwithstanding"; and

   Inserted: (B) by adding at the end the following:

   Inserted: "(2) Other funding sources.--To carry out this section, in addition to the amount made available under paragraph (1), the Administrator may use any other amounts that are available to the Administrator."; and

   Inserted: (3) by adding at the end the following:

   Inserted: "(e) Alternative.--If the Administrator determines that the report required under subsection (c) cannot be submitted by the date specified under subsection (c)--

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   Inserted: "(1) the Administrator shall notify, not later than 60 days after the date of enactment of this subsection, the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives of an alternative method of gathering the information required under this section;

   Inserted: "(2) the Administrator shall submit, not later than 180 days after the Administrator submits the notification required under paragraph (1), to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives the information gathered using the alternative method described in paragraph (1); and

   Inserted: "(3) upon the submission of information required under paragraph (2), the requirement under subsection (c) shall be deemed satisfied.".

   Original wording

   At the end of title XII, add the following:

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As printed