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Community Accountability for Flooded Areas: New Flood Insurance Rules.

This act aims to enhance safety for residents in frequently flooded areas. It introduces new responsibilities for communities to better plan and act to reduce flood risks, potentially leading to fewer losses and greater safety for citizens' homes and property. Communities failing to comply may lose access to the federal flood insurance program.
Key points
Communities with repeatedly flooded areas must develop and publicly share plans to reduce flood risks.
Federal authorities will provide data and grants for flood mitigation but can also impose penalties, including suspension from the flood insurance program, for non-compliance.
The goal is to protect citizens' homes and property by requiring communities to actively manage flood risks.
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Additional Information
Print number: 117_S_2153
Sponsor: Sen. Scott, Tim [R-SC]
Process start date: 2021-06-21