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42 U.S.C. § 4056 — Implementation of program
Federal law — U.S. Code and appendices · legal_authorities
Following such consultation with representatives of the insurance industry as may be necessary, the Administrator shall implement the flood insurance program authorized under subchapter I in accordance with the provisions of part A of this subchapter and, if a determination is made by him under [section 4071 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4071&num=0&edition=prelim), under part B of this subchapter.
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Stable record: federal_law:legal_authorities:record_usc_0f9aad5209052c11a7b9ef51
Source file: Laws/federal/codes/united-states-code/title-42/section-4056-implementation-of-program--9ec56e9a2e.md
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Source location: Title 42, Chapter 50, § 4056; chapter-050-national-flood-insurance.md
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Following such consultation with representatives of the insurance industry as may be necessary, the Administrator shall implement the flood insurance program authorized under subchapter I in accordance with the provisions of part A of this subchapter and, if a determination is made by him under [section 4071 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4071&num=0&edition=prelim), under part B of this subchapter.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorization** The Administrator is authorized to enter into such agreements with the pool formed or otherwise created under this part as he deems necessary to carry out the purposes of this chapter.
**(b) Terms and conditions** Such agreements shall specify—
(1) the terms and conditions under which risk capital will be available for the adjustment and payment of claims,
(2) the terms and conditions under which the pool (and the companies and other insurers participating therein) shall participate in premiums received and profits or losses realized or sustained,
(3) the maximum amount of profit, established by the Administrator and set forth in the schedules prescribed under [section 4018 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4018&num=0&edition=prelim), which may be realized by such pool (and the companies and other insurers participating therein),
(4) the terms and conditions under which operating costs and allowances set forth in the schedules prescribed under [section 4018 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4018&num=0&edition=prelim) may be paid, and
(5) the terms and conditions under which premium equalization payments under [section 4054 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4054&num=0&edition=prelim) will be made and reinsurance claims under [section 4055 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4055&num=0&edition=prelim) will be paid.
**(c) Additional provisions** In addition, such agreements shall contain such provisions as the Administrator finds necessary to assure that—
(1) no insurance company or other insurer which meets the requireme
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 4071
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Federal law — U.S. Code and appendices · legal_authorities
**(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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4126&num=0&edition=prelim);
(2) to reimburse the National Flood Insurance Fund established under [section 4017 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4017&num=0&edition=prelim) for—
(A) premium equalization payments under [section 4054 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4054&num=0&edition=prelim) 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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4055&num=0&edition=prelim); 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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4026&num=0&edition=prelim), for studies under this chapter.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 4001
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Federal law — U.S. Code and appendices · legal_authorities
(1) **Sense of Congress** — It is the sense of Congress that the Federal air marshal program is critical to aviation security.
(2) **Limitation on statutory construction** — Nothing in this chapter, including any amendment made by this chapter, shall be construed as preventing the Under Secretary of Transportation for Security from implementing and training Federal air marshals.
Source: Supplied U.S. Code snapshot — release unconfirmed · 6 U.S.C. § 542
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Imposition and collection** The Administrator shall impose and collect an annual surcharge, in the amount provided in subsection (b), on all policies for flood insurance coverage under the National Flood Insurance Program that are newly issued or renewed after March 21, 2014. Such surcharge shall be in addition to the surcharge under [section 4011(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4011/b&num=0&edition=prelim) and any other assessments and surcharges applied to such coverage.
**(b) Amount** The amount of the surcharge under subsection (a) shall be—
(1) $25, except as provided in paragraph (2); and
(2) $250, in the case of a policy for any property that is—
(A) a non-residential property; or
(B) a residential property that is not the primary residence of an individual.
**(c) Termination** Subsections (a) and (b) shall cease to apply on the date on which the chargeable risk premium rate for flood insurance under this chapter for each property covered by flood insurance under this chapter, other than properties for which premiums are calculated under subsection (e) or (f) of [section 4014 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4014&num=0&edition=prelim) or [section 4056 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4056&num=0&edition=prelim) or under section 100230 of the Biggert-Waters Flood Insurance Reform Act of 2012 ([42 U.S.C. 4014](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4014&num=0&edition=prelim) note), is not less than the applicable estimated risk premium rate under [section 4014(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-preli
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 4019
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Federal law — U.S. Code and appendices · legal_authorities
No new contract for flood insurance under this chapter shall be entered into after September 30, 2023.11 See Extension of Program note below.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 4029
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Federal law — U.S. Code and appendices · legal_authorities
Page 6050
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 4056
of Pub. L. 90–448, Aug. 1, 1968, 82 Stat. 572, known as the
National Flood Insurance Act of 1968, which is classi-
fied principally to this chapter. For complete classi-
fication of this Act to the Code, see Short Title note
set out under section 4001 of this title and Tables.
AMENDMENTS
2012—Subsec. (a). Pub. L. 112–141, § 100232(d)(3), des-
ignated existing provisions as par. (1), inserted heading,
substituted ‘‘The Administrator’’ for ‘‘The Director’’
and added par. (2).
Subsecs. (b) to (d). Pub. L. 112–141, § 100238(b)(1), sub-
stituted ‘‘Administrator’’ for ‘‘Director’’.
1983—Pub. L. 98–181 substituted ‘‘Director’’ for ‘‘Sec-
retary’’ wherever appearing.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Section effective 120 days following Aug. 1, 1968, or
such later date prescribed by the Secretary but in no
event more than 180 days following Aug. 1, 1968, see sec-
tion 1377 of Pub. L. 90–448, set out as a note under sec-
tion 4001 of this title.
TRANSFER OF FUNCTIONS
For transfer of all functions, personnel, assets, com-
ponents, authorities, grant programs, and liabilities of
the Federal Emergency Management Agency, including
the functions of the Under Secretary for Federal Emer-
gency Management relating thereto, to the Federal
Emergency Management Agency, see section 315(a)(1)
of Title 6, Domestic Security.
For transfer of functions, personnel, assets, and li-
abilities of the Federal Emergency Management Agen-
cy, including the functions of the Director of the Fed-
eral Emergency Management Agency relating thereto,
to the Secretary of Homeland Security, and for treat-
ment of related references, see former section 313(1) and
sections 551(d), 552(d), and 557 of Title 6, Domestic
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 4056
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