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H. Rept. 115-276 1 (2017-08-15)

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U.S. GOVERNMENT
INFORMATION
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                     115TH CONGRESS                                            REPORT
                         1st Session    HOUSE OF REPRESENTATIVES               115-276







                         REPEATEDLY FLOODED COMMUNITIES PREPARATION
                                                      ACT



                      AUGUST 15, 2017.-Committed to the Committee of the Whole House on the State
                                        of the Union and ordered to be printed



                         Mr. HENSARLING, from the Committee on Financial Services,
                                            submitted the following


                                               REPORT

                                               [To accompany H.R. 1558]

                                [Including cost estimate of the Congressional Budget Office]

                       The Committee on Financial Services, to whom was referred the
                     bill (H.R. 1558) to amend the National Flood Insurance Act of 1968
                     to ensure community accountability for areas repetitively damaged
                     by floods, and for other purposes, having considered the same, re-
                     port favorably thereon with an amendment and recommend that
                     the bill as amended do pass.
                       The amendment is as follows:
                       Strike all after the enacting clause and insert the following:
                     SECTION 1. SHORT TITLE.
                       This Act may be cited as the Repeatedly Flooded Communities Preparation Act.
                     SEC. 2. COMMUNITY ACCOUNTABILITY FOR REPETITIVELY FLOODED AREAS.
                       (a) IN GENERAL.-Section 1361 of the National Flood Insurance Act of 1968 (42
                     U.S.C. 4102) is amended by adding at the end the following new subsection:
                       (e) COMMUNITY ACCOUNTABILITY FOR REPETITIVELY DAMAGED AREAS.-
                           (1) IN GENERAL.-The Administrator shall, by regulation, require any covered
                         community (as such term is defined in paragraph (5))-
                              (A) to identify the areas within the community where properties de-
                            scribed in paragraph (5)(B) or flood-damaged facilities are located to deter-
                            mine areas repeatedly damaged by floods and to assess, with assistance
                            from the Administrator, the continuing risks to such areas;
                              (B) to develop a community-specific plan for mitigating continuing flood
                            risks to such repetitively flooded areas and to submit such plan and plan
                            updates to the Administrator at appropriate intervals;
                              (C) to implement such plans;
                              (D) to make such plan, plan updates, and reports on progress in reducing
                            flood risk available to the public, subject to section 552a of title 5, United
                            States Code.
                            (2) INCORPORATION INTO EXISTING PLANS.-Plans developed pursuant to para-
                         graph (1) may be incorporated into mitigation plans developed under section
                         69-006

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