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(continued) 
      contribution by any State or community exceed one-half of the
      amount of non-Federal funds contributed by the State or
      community.
      (2) Non-Federal funds
        For purposes of this subsection, the term "non-Federal funds"
      includes State or local agency funds, in-kind contributions, any
      salary paid to staff to carry out the mitigation activities of
      the recipient, the value of the time and services contributed by
      volunteers to carry out such activities (at a rate determined by
      the Director), and the value of any donated material or building
      and the value of any lease on a building.
    (h) Oversight of mitigation plans
      The Director shall conduct oversight of recipients of mitigation
    assistance under this section to ensure that the assistance is used
    in compliance with the approved mitigation plans of the recipients
    and that matching funds certified under subsection (g) of this
    section are used in accordance with such certification.
    (i) Recapture
      (1) Noncompliance with plan
        If the Director determines that a State or community that has
      received mitigation assistance under this section has not carried
      out the mitigation activities as set forth in the mitigation
      plan, the Director shall recapture any unexpended amounts and
      deposit the amounts in the National Flood Mitigation Fund under
      section 4104d of this title.
      (2) Failure to provide matching funds
        If the Director determines that a State or community that has
      received mitigation assistance under this section has not
      provided matching funds in the amount certified under subsection
      (g) of this section, the Director shall recapture any unexpended
      amounts of mitigation assistance exceeding 3 times the amount of
      such matching funds actually provided and deposit the amounts in
      the National Flood Mitigation Fund under section 4104d of this
      title.
    (j) Reports
      Not later than 1 year after September 23, 1994, and biennially
    thereafter, the Director shall submit a report to the Congress
    describing the status of mitigation activities carried out with
    assistance provided under this section.
    (k) "Community" defined
      For purposes of this section, the term "community" means - 
        (1) a political subdivision that (A) has zoning and building
      code jurisdiction over a particular area having special flood
      hazards, and (B) is participating in the national flood insurance
      program; or
        (2) a political subdivision of a State, or other authority,
      that is designated to develop and administer a mitigation plan by
      political subdivisions, all of which meet the requirements of
      paragraph (1).
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1366, as added Pub. L. 103-325,
    title V, Sec. 553(a), Sept. 23, 1994, 108 Stat. 2270.)
-REFTEXT-
                            REFERENCES IN TEXT                        
      The Robert T. Stafford Disaster Relief and Emergency Assistance
    Act, referred to in subsec. (f)(3), is Pub. L. 93-288, May 22,
    1974, 88 Stat. 143, as amended, which is classified principally to
    chapter 68 (Sec. 5121 et seq.) of this title. For complete
    classification of this Act to the Code, see Short Title note set
    out under section 5121 of this title and Tables.
-MISC1-
                                REGULATIONS                            
      Section 553(b) of Pub. L. 103-325 provided that: "Not later than
    6 months after the date of enactment of this Act [Sept. 23, 1994],
    the Director of the Federal Emergency Management Agency shall issue
    regulations to carry out section 1366 of the National Flood
    Insurance Act of 1968 [42 U.S.C. 4104c], as added by subsection
    (a)."
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-SECREF-
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in sections 4022, 4104d of this
    title.
-End-
-CITE-
    42 USC Sec. 4104d                                           01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER III - COORDINATION OF FLOOD INSURANCE WITH
           LAND-MANAGEMENT PROGRAMS IN FLOOD-PRONE AREAS 
-HEAD-
    Sec. 4104d. National Flood Mitigation Fund
-STATUTE-
    (a) Establishment and availability
      The Director shall establish in the Treasury of the United States
    a fund to be known as the National Flood Mitigation Fund, which
    shall be credited with amounts described in subsection (b) of this
    section and shall be available, to the extent provided in
    appropriation Acts, for providing assistance under section 4104c of
    this title.
    (b) Credits
      The National Flood Mitigation Fund shall be credited with - 
        (1) amounts from the National Flood Insurance Fund, in amounts
      not exceeding - 
          (A) $10,000,000 in the fiscal year ending September 30, 1994;
          (B) $15,000,000 in the fiscal year ending September 30, 1995;
          (C) $20,000,000 in the fiscal year ending September 30, 1996;
        and
          (D) $20,000,000 in each fiscal year thereafter;
        (2) any penalties collected under section 4012a(f) of this
      title; and
        (3) any amounts recaptured under section 4104c(i) of this
      title.
    (c) Investment
      If the Director determines that the amounts in the National Flood
    Mitigation Fund are in excess of amounts needed under subsection
    (a) of this section, the Director may invest any excess amounts the
    Director determines advisable in interest-bearing obligations
    issued or guaranteed by the United States.
    (d) Report
      The Director shall submit a report to the Congress not later than
    the expiration of the 1-year period beginning on September 23,
    1994, and not less than once during each successive 2-year period
    thereafter. The report shall describe the status of the Fund and
    any activities carried out with amounts from the Fund.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1367, as added Pub. L. 103-325,
    title V, Sec. 554(a), Sept. 23, 1994, 108 Stat. 2273.)
-COD-
                               CODIFICATION                           
      September 23, 1994, referred to in subsec. (d), was in the
    original "the date of enactment of this Act", which was translated
    as meaning the date of enactment of Pub. L. 103-325, which enacted
    this section, to reflect the probable intent of Congress.
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-SECREF-
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in sections 4012a, 4017, 4104c of
    this title.
-End-
-CITE-
    42 USC Sec. 4105                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER III - COORDINATION OF FLOOD INSURANCE WITH
           LAND-MANAGEMENT PROGRAMS IN FLOOD-PRONE AREAS 
-HEAD-
    Sec. 4105. Disaster mitigation requirements; notification to
      flood-prone areas
-STATUTE-
    (a) Initial notification
      Not later than six months following December 31, 1973, the
    Director shall publish information in accordance with section
    4101(1) of this title, and shall notify the chief executive officer
    of each known flood-prone community not already participating in
    the national flood insurance program of its tentative
    identification as a community containing one or more areas having
    special flood hazards.
    (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
      After such notification, each tentatively identified community
    shall either (1) promptly make proper application to participate in
    the national flood insurance program or (2) within six months
    submit technical data sufficient to establish to the satisfaction
    of the Director that the community either is not seriously flood
    prone or that such flood hazards as may have existed have been
    corrected by flood-works or other flood control methods. The
    Director may, in his discretion, grant a public hearing to any
    community with respect to which conflicting data exist as to the
    nature and extent of a flood hazard. If the Director decides not to
    hold a hearing, the community shall be given an opportunity to
    submit written and documentary evidence. Whether or not such
    hearing is granted, the Director's final determination as to the
    existence or extent of a flood hazard area in a particular
    community shall be deemed conclusive for the purposes of this Act
    if supported by substantial evidence in the record considered as a
    whole.
    (c) Subsequent notification to additional communities known to be
      flood prone areas
      As information becomes available to the Director concerning the
    existence of flood hazards in communities not known to be flood
    prone at the time of the initial notification provided for by
    subsection (a) of this section he shall provide similar
    notifications to the chief executive officers of such additional
    communities, which shall then be subject to the requirements of
    subsection (b) of this section.
    (d) Provisions of section 4106 applicable to flood-prone
      communities disqualified for flood insurance program
      Formally identified flood-prone communities that do not qualify
    for the national flood insurance program within one year after such
    notification or by the date specified in section 4106 of this
    title, whichever is later, shall thereafter be subject to the
    provisions of that section relating to flood-prone communities
    which are not participating in the program.
    (e) Administrative procedures; establishment; reimbursement of
      certain expenses; appropriation authorization
      The Director is authorized to establish administrative procedures
    whereby the identification under this section of one or more areas
    in the community as having special flood hazards may be appealed to
    the Director by the community or any owner or lessee of real
    property within the community who believes his property has been
    inadvertently included in a special flood hazard area by the
    identification. When, incident to any appeal under this subsection,
    the owner or lessee of real property or the community, as the case
    may be, incurs expense in connection with the services of
    surveyors, engineers, or similar services, but not including legal
    services, in the effecting of an appeal which is successful in
    whole or part, the Director shall reimburse such individual or
    community to an extent measured by the ratio of the successful
    portion of the appeal as compared to the entire appeal and applying
    such ratio to the reasonable value of all such services, but no
    reimbursement shall be made by the Director in respect to any fee
    or expense payment, the payment of which was agreed to be
    contingent upon the result of the appeal. There is authorized to be
    appropriated for purposes of implementing this subsection not to
    exceed $250,000.
-SOURCE-
    (Pub. L. 93-234, title II, Sec. 201, Dec. 31, 1973, 87 Stat. 982;
    Pub. L. 95-128, title VII, Sec. 704(d), Oct. 12, 1977, 91 Stat.
    1146; Pub. L. 98-181, title IV, Sec. 451(e)(1), Nov. 30, 1983, 97
    Stat. 1229; Pub. L. 98-479, title II, Sec. 204(j), Oct. 17, 1984,
    98 Stat. 2233.)
-REFTEXT-
                            REFERENCES IN TEXT                        
      This Act, referred to in subsec. (b), means Pub. L. 93-234, Dec.
    31, 1973, 87 Stat. 975, as amended, known as the Flood Disaster
    Protection Act of 1973. For complete classification of this Act to
    the Code, see Short Title of 1973 Amendment note set out under
    section 4001 of this title and Tables.
-COD-
                               CODIFICATION                           
      Section was enacted as part of Flood Disaster Protection Act of
    1973, and not as part of National Flood Insurance Act of 1968 which
    comprises this chapter.
-MISC1-
                                AMENDMENTS                            
      1984 - Subsec. (e). Pub. L. 98-479 struck out quotation marks
    before "$250,000".
      1983 - Subsecs. (a) to (c), (e). Pub. L. 98-181 substituted
    "Director" for "Secretary" and "Director's" for "Secretary's"
    wherever appearing.
      1977 - Subsec. (e). Pub. L. 95-128 added subsec. (e).
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-End-
-CITE-
    42 USC Sec. 4106                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER III - COORDINATION OF FLOOD INSURANCE WITH
           LAND-MANAGEMENT PROGRAMS IN FLOOD-PRONE AREAS 
-HEAD-
    Sec. 4106. Nonparticipation in flood insurance program
-STATUTE-
    (a) Prohibition against Federal approval of financial assistance
      No Federal officer or agency shall approve any financial
    assistance for acquisition or construction purposes on and after
    July 1, 1975, for use in any area that has been identified by the
    Director as an area having special flood hazards unless the
    community in which such area is situated is then participating in
    the national flood insurance program.
    (b) Notification of purchaser or lessee of property in flood hazard
      area of availability of Federal disaster relief assistance in
      event of a flood disaster
      In addition to the requirements of section 4104a of this title,
    each Federal entity for lending regulation shall by regulation
    require the regulated lending institutions described in such
    section, and each Federal agency lender shall issue regulations
    requiring the Federal agency lender, described in such section to
    notify (as a condition of making, increasing, extending, or
    renewing any loan secured by property described in such section)
    the purchaser or lessee of such property of whether, in the event
    of a disaster caused by flood to such property, Federal disaster
    relief assistance will be available to such property.
-SOURCE-
    (Pub. L. 93-234, title II, Sec. 202, Dec. 31, 1973, 87 Stat. 982;
    Pub. L. 94-50, title III, Sec. 303, July 2, 1975, 89 Stat. 256;
    Pub. L. 94-198, Dec. 31, 1975, 89 Stat. 1116; Pub. L. 94-375, Sec.
    14(a), Aug. 3, 1976, 90 Stat. 1075; Pub. L. 95-128, title VII, Sec.
    703(a), Oct. 12, 1977, 91 Stat. 1144; Pub. L. 98-181, title IV,
    Sec. 451(e)(1), Nov. 30, 1983, 97 Stat. 1229; Pub. L. 103-325,
    title V, Sec. 511(b), Sept. 23, 1994, 108 Stat. 2256.)
-COD-
                               CODIFICATION                           
      Section was enacted as part of Flood Disaster Protection Act of
    1973, and not as part of National Flood Insurance Act of 1968 which
    comprises this chapter.
-MISC1-
                                AMENDMENTS                            
      1994 - Subsec. (b). Pub. L. 103-325 substituted "Federal entity
    for lending regulation shall by regulation require the regulated
    lending institutions described in such section, and each Federal
    agency lender shall issue regulations requiring the Federal agency
    lender," for "Federal instrumentality described in such section
    shall by regulation require the institutions".
      1983 - Subsec. (a). Pub. L. 98-181 substituted "Director" for
    "Secretary".
      1977 - Subsec. (b). Pub. L. 95-128 substituted provisions
    respecting notification of purchaser or lessee of property in flood
    hazards area of availability of Federal disaster relief assistance
    in the event of a flood disaster for prior provisions relating to:
    Federal regulations against loans by financial institutions,
    unaffected pre-March 1, 1976, residences, small business concerns,
    improvements under $5,000 and nonresidential farm improvement.
      1976 - Subsec. (b). Pub. L. 94-375 incorporated provision
    regarding any loan made prior to March 1, 1976, to finance the
    acquisition of a previously occupied residential dwelling into cl.
    (1) as so designated, added remainder of cl. (1), and cls. (2) to
    (4).
      1975 - Subsec. (b). Pub. L. 94-198 substituted "March 1, 1976"
    for "January 1, 1976".
      Pub. L. 94-50 inserted provision excepting from the prohibition
    of this section any loan made prior to January 1, 1976, to finance
    the acquisition of a previously occupied residential dwelling.
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-MISC2-
                           FLOODPLAIN MANAGEMENT                       
      For provisions relating to the reduction of the risk of flood
    loss, the minimization of the impact of floods on human safety,
    health and welfare, and the management of floodplains, see Ex. Ord.
    No. 11988, May 24, 1977, 42 F.R. 26951 set out as a note under
    section 4321 of this title.
-SECREF-
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in section 4105 of this title.
-End-
-CITE-
    42 USC Sec. 4107                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER III - COORDINATION OF FLOOD INSURANCE WITH
           LAND-MANAGEMENT PROGRAMS IN FLOOD-PRONE AREAS 
-HEAD-
    Sec. 4107. Consultation with local officials; scope
-STATUTE-
      In carrying out his responsibilities under the provisions of this
    title )1(! and the National Flood Insurance Act of 1968 [42 U.S.C.
    4001 et seq.] which relate to notification to and identification of
    flood-prone areas and the application of criteria for land
    management and use, including criteria derived from data reflecting
    new developments that may indicate the desirability of modifying
    elevations based on previous flood studies, the Director shall
    establish procedures assuring adequate consultation with the
    appropriate elected officials of general purpose local governments,
    including but not limited to those local governments whose prior
    eligibility under the program has been suspended. Such consultation
    shall include, but not be limited to, fully informing local
    officials at the commencement of any flood elevation study or
    investigation undertaken by any agency on behalf of the Director
    concerning the nature and purpose of the study, the areas involved,
    the manner in which the study is to be undertaken, the general
    principles to be applied, and the use to be made of the data
    obtained. The Director shall encourage local officials to
    disseminate information concerning such study widely within the
    community, so that interested persons will have an opportunity to
    bring all relevant facts and technical data concerning the local
    flood hazard to the attention of the agency during the course of
    the study.
-SOURCE-
    (Pub. L. 93-234, title II, Sec. 206, Dec. 31, 1973, 87 Stat. 983;
    Pub. L. 98-181, title IV, Sec. 451(e)(1), Nov. 30, 1983, 97 Stat.
    1229.)
-REFTEXT-
                            REFERENCES IN TEXT                        
      This title, referred to in text, means title II of Pub. L.
    93-234, Dec. 31, 1973, 87 Stat. 975, as amended, which enacted
    sections 4105 to 4107 and 4128 of this title and amended section
    4101 of this title and sections 24 and 1709-1 of Title 12, Banks
    and Banking. For complete classification of this Act to the Code,
    see Short Title of 1973 Amendment note set out under section 4001
    of this title and Tables.
      The National Flood Insurance Act of 1968, referred to in text, is
    title XIII of Pub. L. 90-448, Aug. 1, 1968, 82 Stat. 572, as
    amended, which is classified principally to this chapter (Sec. 4001
    et seq.). For complete classification of this Act to the Code, see
    Short Title note set out under section 4001 of this title and
    Tables.
-COD-
                               CODIFICATION                           
      Section was enacted as part of Flood Disaster Protection Act of
    1973, and not as part of National Flood Insurance Act of 1968 which
    comprises this chapter.
-MISC1-
                                AMENDMENTS                            
      1983 - Pub. L. 98-181 substituted "Director" for "Secretary"
    wherever appearing.
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-FOOTNOTE-
    )1(! See References in Text note below.
-End-
-CITE-
    42 USC SUBCHAPTER IV - GENERAL PROVISIONS                   01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
                    SUBCHAPTER IV - GENERAL PROVISIONS                
-End-
-CITE-
    42 USC Sec. 4121                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4121. Definitions
-STATUTE-
      (a) As used in this chapter - 
        (1) the term "flood" shall have such meaning as may be
      prescribed in regulations of the Director, and may include
      inundation from rising waters or from the overflow of streams,
      rivers, or other bodies of water, or from tidal surges,
      abnormally high tidal water, tidal waves, tsunamis, hurricanes,
      or other severe storms or deluge;
        (2) the terms "United States" (when used in a geographic sense)
      and "State" includes the several States, the District of
      Columbia, the territories and possessions, the Commonwealth of
      Puerto Rico, and the Trust Territory of the Pacific Islands;
        (3) the terms "Insurance company", "other insurer" and
      "insurance agent or broker" include any organizations and persons
      authorized to engage in the insurance business under the laws of
      any State;
        (4) the term "insurance adjustment organization" includes any
      organizations and persons engaged in the business of adjusting
      loss claims arising under insurance policies issued by any
      insurance company or other insurer;
        (5) the term "person" includes any individual or group of
      individuals, corporation, partnership, association, or any other
      organized group of persons, including State and local governments
      and agencies thereof;
        (6) the term "Director" means the Director of the Federal
      Emergency Management Agency;
        (7) the term "repetitive loss structure" means a structure
      covered by a contract for flood insurance under this chapter that
      has incurred flood-related damage on 2 occasions during a 10-year
      period ending on the date of the event for which a second claim
      is made, 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;
        (8) the term "Federal agency lender" means a Federal agency
      that makes direct loans secured by improved real estate or a
      mobile home, to the extent such agency acts in such capacity;
        (9) the term "Federal entity for lending regulation" means the
      Board of Governors of the Federal Reserve System, the Federal
      Deposit Insurance Corporation, the Comptroller of the Currency,
      the Office of Thrift Supervision, the National Credit Union
      Administration, and the Farm Credit Administration, and with
      respect to a particular regulated lending institution means the
      entity primarily responsible for the supervision of the
      institution;
        (10) the term "improved real estate" means real estate upon
      which a building is located;
        (11) the term "lender" means a regulated lending institution or
      Federal agency lender;
        (12) the term "natural and beneficial floodplain functions"
      means - 
          (A) the functions associated with the natural or relatively
        undisturbed floodplain that (i) moderate flooding, retain flood
        waters, reduce erosion and sedimentation, and mitigate the
        effect of waves and storm surge from storms, and (ii) reduce
        flood related damage; and
          (B) ancillary beneficial functions, including maintenance of
        water quality and recharge of ground water, that reduce flood
        related damage;
        (13) the term "regulated lending institution" means any bank,
      savings and loan association, credit union, farm credit bank,
      Federal land bank association, production credit association, or
      similar institution subject to the supervision of a Federal
      entity for lending regulation; and
        (14) the term "servicer" means the person responsible for
      receiving any scheduled periodic payments from a borrower
      pursuant to the terms of a loan, including amounts for taxes,
      insurance premiums, and other charges with respect to the
      property securing the loan, and making the payments of principal
      and interest and such other payments with respect to the amounts
      received from the borrower as may be required pursuant to the
      terms of the loan.
      (b) The term "flood" shall also include inundation from mudslides
    which are proximately caused by accumulations of water on or under
    the ground; and all of the provisions of this chapter shall apply
    with respect to such mud-slides in the same manner and to the same
    extent as with respect to floods described in subsection (a)(1) of
    this section, subject to and in accordance with such regulations,
    modifying the provisions of this chapter (including the provisions
    relating to land management and use) to the extent necessary to
    insure that they can be effectively so applied, as the Director may
    prescribe to achieve (with respect to such mudslides) the purposes
    of this chapter and the objectives of the program.
      (c) The term "flood" shall also include the collapse or
    subsidence of land along the shore of a lake or other body of water
    as a result of erosion or undermining caused by waves or currents
    of water exceeding anticipated cyclical levels, and all of the
    provisions of this chapter shall apply with respect to such
    collapse or subsidence in the same manner and to the same extent as
    with respect to floods described in subsection (a)(1) of this
    section, subject to and in accordance with such regulations,
    modifying the provisions of this chapter (including the provisions
    relating to land management and use) to the extent necessary to
    insure that they can be effectively so applied, as the Director may
    prescribe to achieve (with respect to such collapse or subsidence)
    the purposes of this chapter and the objectives of the program.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1370, Aug. 1, 1968, 82 Stat. 588;
    Pub. L. 91-152, title IV, Sec. 409(b), Dec. 24, 1969, 83 Stat. 397;
    Pub. L. 93-234, title I, Secs. 107, 108(b), Dec. 31, 1973, 87 Stat.
    979, 980; Pub. L. 98-181, title IV, Sec. 451(d)(1), (8), Nov. 30,
    1983, 97 Stat. 1229; Pub. L. 100-628, title X, Sec. 1086(b), Nov.
    7, 1988, 102 Stat. 3278; Pub. L. 103-325, title V, Sec. 512(a),
    Sept. 23, 1994, 108 Stat. 2256.)
-REFTEXT-
                            REFERENCES IN TEXT                        
      This chapter, referred to in text, is title XIII of Pub. L.
    90-448, Aug. 1, 1968, 82 Stat. 572, as amended, known as the
    National Flood Insurance Act of 1968, which enacted this chapter,
    amended section 2414 of this title, repealed sections 2401 to 2413
    and 2415 to 2421 of this title, and enacted provisions set out as a
    note under section 4001 of this title. For complete classification
    of this Act to the Code, see Short Title note set out under section
    4001 of this title and Tables.
-MISC1-
                                AMENDMENTS                            
      1994 - Subsec. (a)(7) to (14). Pub. L. 103-325 added pars. (7) to
    (14).
      1988 - Subsecs. (b), (c). Pub. L. 100-628 substituted "subsection
    (a)(1) of this section" for "paragraph (1)".
      1983 - Subsec. (a)(1). Pub. L. 98-181, Sec. 451(d)(1),
    substituted "Director" for "Secretary".
      Subsec. (a)(6). Pub. L. 98-181, Sec. 451(d)(8), substituted
    definition of "Director" as the Director of the Federal Emergency
    Management Agency for definition of "Secretary" as the Secretary of
    Housing and Urban Development.
      Subsecs. (b), (c). Pub. L. 98-181, Sec. 451(d)(1), substituted
    "Director" for "Secretary".
      1973 - Subsec. (b). Pub. L. 93-234, Sec. 107, inserted
    "proximately" before "caused".
      Subsec. (c). Pub. L. 93-234, Sec. 108(b), added subsec. (c).
      1969 - Pub. L. 91-152 designated existing provisions as subsec.
    (a) and added subsec. (b).
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
           TERMINATION OF TRUST TERRITORY OF THE PACIFIC ISLANDS       
      For termination of Trust Territory of the Pacific Islands, see
    note set out preceding section 1681 of Title 48, Territories and
    Insular Possessions.
-SECREF-
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in title 12 section 3305.
-End-
-CITE-
    42 USC Sec. 4122                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4122. Studies of other natural disasters; cooperation and
      consultation with other departments and agencies
-STATUTE-
      (a) The Director is authorized to undertake such studies as may
    be necessary for the purpose of determining the extent to which
    insurance protection against earthquakes or any other natural
    disaster perils, other than flood, is not available from public or
    private sources, and the feasibility of such insurance protection
    being made available.
      (b) Studies under this section shall be carried out, to the
    maximum extent practicable, with the cooperation of other Federal
    departments and agencies and State and local agencies, and the
    Director is authorized to consult with, receive information from,
    and enter into any necessary agreements or other arrangements with
    such other Federal departments and agencies (on a reimbursement
    basis) and such State and local agencies.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1371, Aug. 1, 1968, 82 Stat. 588;
    Pub. L. 98-181, title IV, Sec. 451(d)(1), Nov. 30, 1983, 97 Stat.
    1229.)
-MISC1-
                                AMENDMENTS                            
      1983 - Pub. L. 98-181 substituted "Director" for "Secretary"
    wherever appearing.
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-MISC2-
                        STUDY OF SINKHOLE INSURANCE                    
      Section 453 of Pub. L. 98-181 provided that: "The Director of the
    Federal Emergency Management Agency may make a grant to a nonprofit
    organization, educational institution or affiliated agency or
    entity, or State or local agency to finance a study of the
    feasibility of expanding the national flood insurance program to
    cover damage or loss arising from sinkholes. There is authorized to
    be appropriated not to exceed $1,000,000 to carry out the
    provisions of this section."
-End-
-CITE-
    42 USC Sec. 4123                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4123. Advance payments
-STATUTE-
      Any payments under this chapter may be made (after necessary
    adjustment on account of previously made underpayments or
    overpayments) in advance or by way of reimbursement, and in such
    installments and on such conditions, as the Director may determine.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1372, Aug. 1, 1968, 82 Stat. 589;
    Pub. L. 98-181, title IV, Sec. 451(d)(1), Nov. 30, 1983, 97 Stat.
    1229.)
-MISC1-
                                AMENDMENTS                            
      1983 - Pub. L. 98-181 substituted "Director" for "Secretary".
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-End-
-CITE-
    42 USC Sec. 4124                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4124. Applicability of fiscal controls
-STATUTE-
      The provisions of chapter 91 of title 31 shall apply to the
    program authorized under this chapter to the same extent as they
    apply to wholly owned Government corporations.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1373, Aug. 1, 1968, 82 Stat. 589;
    Pub. L. 98-479, title II, Sec. 203(j)(3), Oct. 17, 1984, 98 Stat.
    2231.)
-MISC1-
                                AMENDMENTS                            
      1984 - Pub. L. 98-479 substituted "chapter 91 of title 31" for
    "the Government Corporation Control Act".
-End-
-CITE-
    42 USC Sec. 4125                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4125. Finality of certain financial transactions
-STATUTE-
      Notwithstanding the provisions of any other law - 
        (1) any financial transaction authorized to be carried out
      under this chapter, and
        (2) any payment authorized to be made or to be received in
      connection with any such financial transaction,
    shall be final and conclusive upon all officers of the Government.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1374, Aug. 1, 1968, 82 Stat.
    589.)
-End-
-CITE-
    42 USC Sec. 4126                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4126. Administrative expenses
-STATUTE-
      Any administrative expenses which may be sustained by the Federal
    Government in carrying out the flood insurance and floodplain
    management programs authorized under this chapter may be paid with
    amounts from the National Flood Insurance Fund (as provided under
    section 4017(a)(4) of this title), subject to approval in
    appropriations Acts.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1375, Aug. 1, 1968, 82 Stat. 589;
    Pub. L. 101-508, title II, Sec. 2302(e)(4), Nov. 5, 1990, 104 Stat.
    1388-25.)
-MISC1-
                                AMENDMENTS                            
      1990 - Pub. L. 101-508 substituted "and floodplain management
    programs authorized under this chapter may be paid with amounts
    from the National Flood Insurance Fund (as provided under section
    4017(a)(4) of this title), subject to approval in appropriations
    Acts" for "program authorized under this chapter may be paid out of
    appropriated funds".
-SECREF-
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in section 4127 of this title.
-End-
-CITE-
    42 USC Sec. 4127                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4127. Authorization of appropriations; availability
-STATUTE-
      (a) There are hereby authorized to be appropriated such sums as
    may from time to time be necessary to carry out this chapter,
    including sums - 
        (1) to cover administrative expenses authorized under section
      4126 of this title;
        (2) to reimburse the National Flood Insurance Fund established
      under section 4017 of this title for - 
          (A) premium equalization payments under section 4054 of this
        title which have been made from such fund; and
          (B) reinsurance claims paid under the excess loss reinsurance
        coverage provided under section 4055 of this title; and
        (3) to make such other payments as may be necessary to carry
      out the purposes of this chapter.
      (b) All such funds shall be available without fiscal year
    limitation.
      (c) There are authorized to be appropriated such sums as may be
    necessary through the date specified in section 4026 of this title,
    for studies under this chapter. Any amount appropriated under this
    subsection shall remain available until expended.
-SOURCE-
    (Pub. L. 90-448, title XIII, Sec. 1376, Aug. 1, 1968, 82 Stat. 589;
    Pub. L. 94-375, Sec. 14(c), Aug. 3, 1976, 90 Stat. 1075; Pub. L.
    95-128, title VII, Sec. 702, Oct. 12, 1977, 91 Stat. 1144; Pub. L.
    95-557, title III, Sec. 309, Oct. 31, 1978, 92 Stat. 2098; Pub. L.
    96-153, title VI, Sec. 602(c), Dec. 21, 1979, 93 Stat. 1137; Pub.
    L. 96-399, title III, Sec. 304, Oct. 8, 1980, 94 Stat. 1639; Pub.
    L. 97-35, title III, Sec. 341(a), Aug. 13, 1981, 95 Stat. 418; Pub.
    L. 98-181, title IV, Sec. 451(c), Nov. 30, 1983, 97 Stat. 1229;
    Pub. L. 100-242, title V, Sec. 543, Feb. 5, 1988, 101 Stat. 1940;
    Pub. L. 101-137, Sec. 4, Nov. 3, 1989, 103 Stat. 825; Pub. L.
    104-204, title III, Sept. 26, 1996, 110 Stat. 2915; Pub. L. 105-65,
    title III, Oct. 27, 1997, 111 Stat. 1377; Pub. L. 105-276, title
    III, Oct. 21, 1998, 112 Stat. 2503; Pub. L. 106-74, title III, Oct.
    20, 1999, 113 Stat. 1088; Pub. L. 106-377, Sec. 1(a)(1) [title
    III], Oct. 27, 2000, 114 Stat. 1441, 1441A-47; Pub. L. 107-73,
    title III, Nov. 26, 2001, 115 Stat. 689; Pub. L. 108-3, Sec.
    2(a)(4), Jan. 13, 2003, 117 Stat. 7; Pub. L. 108-171, Sec. 2(a)(4),
    Dec. 6, 2003, 117 Stat. 2064.)
-MISC1-
                                AMENDMENTS                            
      2003 - Subsec. (c). Pub. L. 108-171 substituted "the date
    specified in section 4026 of this title" for "December 31, 2003".
      Pub. L. 108-3 substituted "December 31, 2003" for "December 31,
    2002".
      2001 - Subsec. (c). Pub. L. 107-73 substituted "2002" for "2001".
      2000 - Subsec. (c). Pub. L. 106-377 substituted "December 31,
    2001" for "September 30, 2000".
      1999 - Subsec. (c). Pub. L. 106-74 substituted "2000" for "1999".
      1998 - Subsec. (c). Pub. L. 105-276 substituted "1999" for
    "1998".
      1997 - Subsec. (c). Pub. L. 105-65 substituted "such sums as may
    be necessary through September 30, 1998, for studies under this
    chapter" for "for studies under this chapter not to exceed
    $36,283,000 for fiscal year 1990, and such sums as may be necessary
    for fiscal year 1991".
      1996 - Subsec. (c). Pub. L. 104-204, which directed amendment of
    first sentence by substituting "such sums as may be necessary
    through September 30, 1997 for studies under this chapter." for
    "this subsection" and all that follows, could not be executed
    because phrase "this subsection" does not appear in first sentence.
      1989 - Subsec. (c). Pub. L. 101-137 substituted provisions
    authorizing appropriations of not to exceed $36,283,000 for fiscal
    year 1990 and such sums as may be necessary for fiscal year 1991
    for provisions authorizing appropriations of $37,000,000 for fiscal
    year 1988, and $37,000,000 for fiscal year 1989.
      1988 - Subsec. (c). Pub. L. 100-242 amended subsec. (c)
    generally. Prior to amendment, subsec. (c) read as follows: "There
    are authorized to be appropriated for studies under this chapter
    not to exceed $100,000,000 for the fiscal year 1977, not to exceed
    $108,000,000 for the fiscal year 1978, not to exceed $114,000,000
    for the fiscal year 1979, not to exceed $74,000,000 for the fiscal
    year 1980, not to exceed $61,600,000 for the fiscal year 1981, not
    to exceed $42,600,000 for the fiscal year 1982, not to exceed
    $49,752,000 for the fiscal year 1984, and such sums as may be
    necessary for fiscal year 1985."
      1983 - Subsec. (c). Pub. L. 98-181 inserted "not to exceed
    $49,752,000 for the fiscal year 1984, and such sums as may be
    necessary for fiscal year 1985".
      1981 - Subsec. (c). Pub. L. 97-35 authorized appropriation of not
    to exceed $42,600,000 for fiscal year 1982.
      1980 - Subsec. (c). Pub. L. 96-399 authorized appropriation of
    not to exceed $61,600,000 for fiscal year 1981.
      1979 - Subsec. (c). Pub. L. 96-153 authorized appropriation of
    $74,000,000 for fiscal year 1980.
      1978 - Subsec. (c). Pub. L. 95-557 substituted "not to exceed
    $108,000,000 for the fiscal year 1978, and not to exceed
    $114,000,000 for the fiscal year 1979" for "and not to exceed
    $108,000,000 for the fiscal year 1978".
      1977 - Subsec. (c). Pub. L. 95-128 authorized appropriation of
    $108,000,000 for fiscal year 1978.
      1976 - Subsec. (c). Pub. L. 94-375 added subsec. (c).
                     EFFECTIVE DATE OF 2003 AMENDMENTS                 
      Amendment by Pub. L. 108-171 effective Dec. 31, 2003, see section
    2(b) of Pub. L. 108-171, set out as a note under section 4016 of
    this title.
      Amendment by Pub. L. 108-3 effective Dec. 31, 2002, see section
    2(b) of Pub. L. 108-3, set out as a note under section 4016 of this
    title.
                     EFFECTIVE DATE OF 1981 AMENDMENT                 
      Amendment by Pub. L. 97-35 effective Oct. 1, 1981, see section
    371 of Pub. L. 97-35, set out as an Effective Date note under
    section 3701 of Title 12, Banks and Banking.
-SECREF-
                   SECTION REFERRED TO IN OTHER SECTIONS               
      This section is referred to in section 4017 of this title.
-End-
-CITE-
    42 USC Sec. 4128                                            01/19/04
-EXPCITE-
    TITLE 42 - THE PUBLIC HEALTH AND WELFARE
    CHAPTER 50 - NATIONAL FLOOD INSURANCE
    SUBCHAPTER IV - GENERAL PROVISIONS
-HEAD-
    Sec. 4128. Rules and regulations
-STATUTE-
      (a) The Director is authorized to issue such regulations as may
    be necessary to carry out the purpose of this Act.
      (b) The head of each Federal agency that administers a program of
    financial assistance relating to the acquisition, construction,
    reconstruction, repair, or improvement of publicly or privately
    owned land or facilities, and each Federal instrumentality
    responsible for the supervision, approval, regulation, or insuring
    of banks, savings and loan associations, or similar institutions,
    shall, in cooperation with the Director, issue appropriate rules
    and regulations to govern the carrying out of the agency's
    responsibilities under this Act.
-SOURCE-
    (Pub. L. 93-234, title II, Sec. 205, Dec. 31, 1973, 87 Stat. 983;
    Pub. L. 98-181, title IV, Sec. 451(e)(1), Nov. 30, 1983, 97 Stat.
    1229.)
-REFTEXT-
                            REFERENCES IN TEXT                        
      This Act, referred to in text, means Pub. L. 93-234, Dec. 31,
    1973, 87 Stat. 975, as amended, known as the Flood Disaster
    Protection Act of 1973. For complete classification of this Act to
    the Code, see Short Title of 1973 Amendment note set out under
    section 4001 of this title and Tables.
-COD-
                               CODIFICATION                           
      Section was enacted as part of Flood Disaster Protection Act of
    1973, and not as part of National Flood Insurance Act of 1968 which
    comprises this chapter.
-MISC1-
                                AMENDMENTS                            
      1983 - Pub. L. 98-181 substituted "Director" for "Secretary"
    wherever appearing.
-TRANS-
                           TRANSFER OF FUNCTIONS                       
      For transfer of functions, personnel, assets, and liabilities of
    the Federal Emergency Management Agency, including the functions of
    the Director of the Federal Emergency Management Agency relating
    thereto, to the Secretary of Homeland Security, and for treatment
    of related references, see sections 313(1), 551(d), 552(d), and 557
    of Title 6, Domestic Security, and the Department of Homeland
    Security Reorganization Plan of November 25, 2002, as modified, set
    out as a note under section 542 of Title 6.
-MISC2-
                           FLOODPLAIN MANAGEMENT                       
      For provisions relating to the reduction of the risk of flood
    loss, the minimization ofthe impact of floods on human safety, (continued)