S.Amdt. 3694

SA 3694. Mr. McCONNELL (for Mr. Lee (for himself, Mr. Cotton, Mr.
Toomey, Mr. Corker, Mr. Flake, and Mr. Johnson)) submitted an amendment
intended to be proposed by Mr. McConnell to the bill S. 3128, to
reauthorize the National Flood Insurance Program; which was ordered to
lie on the table; as follows:

In section 1(a), strike ``January 31, 2019'' and insert
``November 30, 2018''.
In section 1(b), strike ``January 31, 2019'' and insert
``November 30, 2018''.
After section 1, add the following:

SEC. 2. ELIMINATION OF COVERAGE FOR HIGH-COST PROPERTIES.

Section 1305 of the National Flood Insurance Act of 1968
(42 U.S.C. 4012) is amended by adding at the end the
following:
``(e) Prohibition of Coverage for High-cost Properties.--
The Administrator may not make available flood insurance
under this title for any structure--
``(1) that is built after the date of enactment of this
subsection; and
``(2) with respect to which the replacement cost is not
less than $2,500,000.''.
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