Pub. L. 108-264, tit. I, sec. 105

AMENDMENTS TO ADDITIONAL COVERAGE FOR COMPLIANCE WITH LAND USE AND CONTROL MEASURES.

EnactedYear: 2004Length: 399 wordsOfficial source
SEC. 105. AMENDMENTS TO ADDITIONAL COVERAGE FOR COMPLIANCE WITH LAND USE AND CONTROL MEASURES.(a) Compliance With Land Use and Control Measures.—Section 1304(b) of the National Flood Insurance Act of 1968 (42 U.S.C. 4011(b)) is amended—(1) in the matter preceding paragraph (1)—(A) by striking “compliance” and inserting “implementing measures that are consistent”; and(B) by inserting “by the community” after “established”;(2) in paragraph (2), by striking “have flood damage in which the cost of repairs equals or exceeds 50 percent of the value of the structure at the time of the flood event; and” and inserting “are substantially damaged structures;”(3) in paragraph (3), by striking “compliance with land use and control measures.” and inserting “the implementation of such measures; and”; and(4) by inserting after paragraph (3) and before the last undesignated paragraph the following:“(4) properties for which an offer of mitigation assistance is made under—“(A) section 1366 (Flood Mitigation Assistance Program);“(B) section 1368 (Repetitive Loss Priority Program and Individual Priority Property Program);“(C) the Hazard Mitigation Grant Program authorized under section 404 of the Robert T. Stafford Disaster Assistance and Emergency Relief Act (42 U.S.C. 5170c);“(D) the Predisaster Hazard Mitigation Program under section 203 of the Robert T. Stafford Disaster Assistance and Emergency Relief Act (42 U.S.C. 5133); and“(E) any programs authorized or for which funds are appropriated to address any unmet needs or for which supplemental funds are made available.”.(b) Definitions.—Section 1370(a) of the National Flood Insurance Act of 1968 (42 U.S.C. 4121(a)) is amended—(1) by striking paragraph (7) and inserting the following:“(7) the term ‘repetitive loss structure’ means a structure covered by a contract for flood insurance that—“(A) has incurred flood-related damage on 2 occasions, in which the cost of repair, on the average, equaled or exceeded 25 percent of the value of the structure at the time of each such flood event; and118 STAT. 724“(B) at the time of the second incidence of flood-related damage, the contract for flood insurance contains increased cost of compliance coverage.”; (2) in paragraph (13), by striking “and” at the end;(3) in paragraph (14), by striking the period and inserting “; and”; and(4) by adding at the end the following:“(15) the term ‘substantially damaged structure’ means a structure covered by a contract for flood insurance that has incurred damage for which the cost of repair exceeds an amount specified in any regulation promulgated by the Director, or by a community ordinance, whichever is lower.”.
Pub. L. 108-264, tit. I, sec. 105: AMENDMENTS TO ADDITIONAL COVERAGE FOR COMPLIANCE WITH LAND USE AND CONTROL MEASURES. | Justis AI