[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3320 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 3320

  To authorize the Administrator of the Federal Emergency Management 
Agency to waive the 30-day waiting period for flood insurance policies 
purchased for private properties affected by wildfire on Federal lands.


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                   IN THE SENATE OF THE UNITED STATES

                             June 20, 2012

 Mr. Bingaman (for himself and Mr. Udall of New Mexico) introduced the 
 following bill; which was read twice and referred to the Committee on 
                  Banking, Housing, and Urban Affairs

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                                 A BILL


 
  To authorize the Administrator of the Federal Emergency Management 
Agency to waive the 30-day waiting period for flood insurance policies 
purchased for private properties affected by wildfire on Federal lands.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INSURANCE COVERAGE FOR PRIVATE PROPERTIES AFFECTED BY 
              FLOODING FROM FEDERAL LANDS.

    Section 1306(c)(2) of the National Flood Insurance Act of 1968 (42 
U.S.C. 4013(c)(2)) is amended--
            (1) in subparagraph (A), by striking ``or'' at the end;
            (2) in subparagraph (B), by striking the period at the end 
        and inserting ``; or''; and
            (3) by adding at the end the following:
                    ``(C) the initial purchase of flood insurance 
                coverage for private property if--
                            ``(i) the Administrator determines that the 
                        property is subject to elevated risk of flood 
                        due to wildfire on Federal land, after 
                        consultation with an authorized employee of the 
                        Federal agency that has jurisdiction of the 
                        land on which the wildfire that caused the 
                        post-wildfire conditions occurred; and
                            ``(ii) the flood insurance coverage was 
                        purchased not later than 60 days after the fire 
                        containment date, as determined by the 
                        appropriate Federal employee, relating to the 
                        wildfire that caused the post-wildfire 
                        conditions described in clause (i).''.
                                 <all>