2004 U.S. Code
Title 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 50 - NATIONAL FLOOD INSURANCE
SUBCHAPTER I - THE NATIONAL FLOOD INSURANCE PROGRAM
Sec. 4030 - Grants for repetitive insurance claims properties
View Metadata| Publication Title | United States Code, 2000 Edition, Supplement 4, Title 42 - THE PUBLIC HEALTH AND WELFARE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 50 - NATIONAL FLOOD INSURANCE SUBCHAPTER I - THE NATIONAL FLOOD INSURANCE PROGRAM Sec. 4030 - Grants for repetitive insurance claims properties |
| Contains | section 4030 |
| Date | 2004 |
| Laws in Effect as of Date | January 3, 2005 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 90-448, title XIII, §1323, as added Pub. L. 108-264, title I, §104(a), June 30, 2004, 118 Stat. 722. |
| Statutes at Large Reference | 118 Stat. 722 |
| Public Law References | Public Law 90-448, Public Law 108-264 |
§4030. Grants for repetitive insurance claims properties (a) In general
The Director may provide funding for mitigation actions that reduce flood damages to individual properties for which 1 or more claim payments for losses have been made under flood insurance coverage under this chapter, but only if the Director determines that—
(1) such activities are in the best interest of the National Flood Insurance Fund; and
(2) such activities cannot be funded under the program under section 4104c of this title because—
(A) the requirements of section 4104c(g) of this title are not being met by the State or community in which the property is located; or
(B) the State or community does not have the capacity to manage such activities.
(b) Priority for worst-case propertiesIn determining the properties for which funding is to be provided under this section, the Director shall consult with the States in which such properties are located and provide assistance for properties in the order that will result in the greatest amount of savings to the National Flood Insurance Fund in the shortest period of time.
(Pub. L. 90–448, title XIII, §1323, as added Pub. L. 108–264, title I, §104(a), June 30, 2004, 118 Stat. 722.)
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