Political Quotes

“I ask unanimous consent that the reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To require the Administrator of the Federal Emergency Management Agency to issue guidelines for methods, other than building elevation, that owners of certain urban residential buildings may implement to mitigate against flood risk) At the end of title I, add the following: SEC. 1__. FLOOD MITIGATION METHODS FOR URBAN BUILDINGS. (a) In General.--Not later than 1 year after the date of enactment of this Act, the Administrator shall issue guidelines for property owners that-- (1) provide alternative methods of mitigation, other than building elevation, to reduce flood risk to urban residential buildings that cannot be elevated due to their structural characteristics, including-- (A) types of building materials; and (B) types of floodproofing; and (2) inform property owners about how the implementation of mitigation methods described in paragraph (1) may affect risk premium rates for flood insurance coverage under the National Flood Insurance Program. (b) Calculation of Risk Premium Rates.--In calculating the risk premium rate charged for flood insurance for a property under section 1308 of the National Flood Insurance Act of 1968 (42 U.S.C.…”