824 



4083. 

 4084. 



Settlement of claims; arbitration. 

 Records and audits. 



SUBCHAPTER HI.— COORDINATION OF FLOOD INSUR- 

 ANCE WITH LAND-MANAGEMENT PROGRAMS IN 

 FLOOD-PRONE AREAS 



4101. Identlflcatlon of flood-prone areas; publication of 

 information; establishment of flood-risk zones: 

 estimates of flood-caused loss. 



4103. Cnterlafor land management and use. 



(a) Studies and Investigations. 



(b) Extent of studies and Investigations. 



(c) Development of comprehensive criteria de- 



signed to encourage adoption of adequate 

 State and local measures. 

 4108. Purchase of Insured properties damaged subetan- 

 tially tieyond repair by flood. 



4104. Flood elevation determinations [New). 



(a) Publication or notification of proposed flood 



elevation determinations. 



(b) Publication of flood elevation determina- 



tions; appeal of owner or lessee to local 

 government scientific or technical knowl- 

 edge or information as basis for appeal; 

 modification of propo.'^ed determinations. 



(c) Appeals by private per.wns; submission of 



negativing or contradicting data to com- 

 munity; opinion of community respecting 

 Justification for appeal by community; 

 transmission of individual appeals to Sec- 

 retary; filing of community action with 

 Secretary. 



(d) Administrative review of appeals by private 



persons; modification of proposed deter- 

 minations: decision of Secretary: form and 

 distribution. 



(e) Administrative review of appeals by com- 



munity; agencies for resolution of con- 

 flicting data; availability of flood Insurance 

 pending such resolution; time for deter- 

 mination of Secretary; community adop- 

 tion of local land use and control measures 

 within reasonable time of final determina- 

 tion; public inspection and admissibility 

 In evidence of reports and other admin- 

 istrative information. 



(f) Judicial review of final administrative 



determinations; venue; time for appeal; 



scope of review; good cause for stay of 



final determinations. 

 4104a. Notification of purchaser or lessee of special flood 

 hazards In area of location of Improved real 

 ©state or mobile home securing loan; regulations 

 prescribing procedures [New|. 



4105. Disaster mitigation requirements; notification to 



fiood-prone areas (New). 



(a) Initial notification. 



(b) Alternative actions of tentatively identified 



communities; public hearing; opportunity 

 for submission of evidence; finality of 

 administrative determination of existence 

 or extent of flood hazard area, 

 (d) Provisions of section 4106 applicable to 

 flood-prone communities disqualified for 

 flood insurance program. 



4106. Same; nonpartlclpatlon In flood insurance pro- 



gram [New]. 



(a) Prohibition against Federal approval of 



financial assistance. 



(b) Federal regulations against loans by fi- 



nancial institutions. 



4107. Same; consultation with local officials; scope 



(New). 



SUBCHAPTER IV. — OENZBAL PROTISIONS 

 4iai. Deflnltiona. 



4123. Studies of other natural dlauters; cooperation and 

 consultation with other departeaents and 

 agencies. 



4123. Advance payments. 



4124. Applicability of Government Corporation Control 



Act. 



4125. Finality of certain financial transactlona. 



4126. Administrative expenses. 



4137. Authorization of appropriations; availability. 

 4128. Rules and regulations [New). 



§ 4001. Congressional findings and declaration of pur- 

 pose. 



<a) Tlie Congress finds that (1) from time to 

 time flood disasters have created personal hardships 

 and economic distress which have required mifore- 

 seen disaster relief measures and have placed an In-, 

 creasing burden on the Nation's resources: (2) des- 

 pite the Installation of preventive and protective 

 works and the adoption of other public programs 

 designed to reduce losses caused by flood damage, 

 these methods have not been sufficient to protect 

 adequately against growing exposure to future flood 

 losses; (3) as a matter of national policy, a reason- 

 able method of sharing the risk of flood losses is 

 through a program of flood Insurance which can 

 complement and encourage preventive and pro- 

 tective measures; and (4) if such a program is ini- 

 tiated and carried out gradually, it can be expanded 

 as knowledge is gained and experience is appraised, 

 thus eventually making flood insurance coverage 

 available on reasonable terms and conditions to per- 

 sons who have need for such protection. 



(b) The Congress also finds that (1) many fac- 

 tors have made it uneconomic for the private insur- 

 ance industry alone to make flood insurance avail- 

 able to those in need of such protection on reason- 

 able terms and conditions; but (2) a program of 

 flood insurance with large-scale participation of the 

 Federal Government and carried out to the maxi- 

 mum extent practicable by the private insurance in- 

 dustry is feasible and can be initiated. 



(c) The Congress further flnds that (1) a pro- 

 gram of flood insurance can promote the public 

 Interest by providing appropriate protection against 

 the perils of flood losses and encouraging sound land 

 use by minimizing exposure of property to flood 

 losses; and (2) the objectives of a flood insurance 

 program should be Integrally related to a unifled na- 

 tional program for flood plain management and, to 

 this end. It is the sense of Congress that within two 

 years following the effective date of this chapter the 

 President should transmit to the Congress for its 

 consideration any further proposals necessary for 

 such a unifled program, including proposals for the 

 allocation of costs among beneflciaries of flood 

 protection. 



(d) It is therefore the purpose of this chapter to 

 (1> authorize a flood Insurance program by means of 

 which flood Insurance, over a period of time, can 

 be made available on a nationwide basis through 

 the cooperative efforts of the Federal Government 

 and the private Insurance Industry, and (2) provide 

 flexibility In the program so that such flood insur- 

 ance may be based on workable methods of pooling 

 rlalu, minimizing costs, and distributing burdens 



