110th CONGRESS
1st Session
H. R. 922
To provide for a study by the Government Accountability Office
on methods, practices, and incentives to increase the extent to which low-income
property owners living in high-risk locations participate in the National
Flood Insurance Program.
IN THE HOUSE OF REPRESENTATIVES
February 8, 2007
Ms. MATSUI (for herself and Mr. FRANK of Massachusetts) introduced the
following bill; which was referred to the Committee on Financial Services
A BILL
To provide for a study by the Government Accountability Office
on methods, practices, and incentives to increase the extent to which low-income
property owners living in high-risk locations participate in the National
Flood Insurance Program.
Be it enacted by the Senate and House of Representatives of the United
States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `National Flood Insurance Program Participation
Evaluation Act of 2007'.
SEC. 2. GAO STUDY OF METHODS TO INCREASE FLOOD INSURANCE PROGRAM PARTICIPATION
BY LOW-INCOME FAMILIES.
(a) In General- The Comptroller General of the United States shall conduct
a study to identify and analyze potential methods, practices, and incentives
that would increase the extent to which low-income families (as such term
is defined in section 3(b) of the United States Housing Act of 1937 (42
U.S.C. 1437a(b))) that own residential properties located within areas having
special flood hazards purchase flood insurance coverage for such properties
under the national flood insurance program. In conducting the study, the
Comptroller General shall analyze the effectiveness and costs of the various
methods, practices, and incentives identified, including their effects on
the national flood insurance program.
(b) Report- The Comptroller General shall submit to the Congress a report
setting forth the conclusions of the study under this section not later
than 12 months after the date of the enactment of this Act.
END
