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42 U.S.C. § 4081 — Premium equalization payments; basis; aggregate amount; establishment of designated periods
Federal law — U.S. Code and appendices · legal_authorities
**(a)** The Administrator, on such terms and conditions as he may from time to time prescribe, shall make periodic payments to the pool formed or otherwise created under [section 4051 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4051&num=0&edition=prelim), in recognition of such reductions in chargeable premium rates under [section 4015 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4015&num=0&edition=prelim) below estimated premium rates under [section 4014(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4014/a/1&num=0&edition=prelim) as are required in order to make flood insurance available on reasonable terms and conditions.
**(b)** Designated periods under this section and the methods for determining the sum of premiums paid or payable during such periods shall be established by the Administrator.
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Stable record: federal_law:legal_authorities:record_usc_b10b1630d6ab68d8126c1472
Source file: Laws/federal/codes/united-states-code/title-42/section-4081-premium-equalization-payments-basis-aggregate-amount-establishment-of-de--1cd4e296f7.md
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Source location: Title 42, Chapter 50, § 4081; chapter-050-national-flood-insurance.md
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**(a)** The Administrator, on such terms and conditions as he may from time to time prescribe, shall make periodic payments to the pool formed or otherwise created under [section 4051 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4051&num=0&edition=prelim), in recognition of such reductions in chargeable premium rates under [section 4015 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4015&num=0&edition=prelim) below estimated premium rates under [section 4014(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4014/a/1&num=0&edition=prelim) as are required in order to make flood insurance available on reasonable terms and conditions.
**(b)** Designated periods under this section and the methods for determining the sum of premiums paid or payable during such periods shall be established by the Administrator.
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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
**(a) Priority for insurance for certain residential and church properties and business concerns** In carrying out the flood insurance program the Administrator shall afford a priority to making flood insurance available to cover residential properties which are designed for the occupancy of from one to four families, church properties, and business properties which are owned or leased and operated by small business concerns.
**(b) Availability of insurance for other properties** If on the basis of—
(1) studies and investigations undertaken and carried out and information received or exchanged under [section 4014 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section4014&num=0&edition=prelim), and
(2) such other information as may be necessary,
the Administrator determines that it would be feasible to extend the flood insurance program to cover other properties, he may take such action under this chapter as from time to time may be necessary in order to make flood insurance available to cover, on such basis as may be feasible, any types and classes of—
(A) other residential properties not described in subsection (a) or (d),
(B) other business properties,
(C) agricultural properties,
(D) properties occupied by private nonprofit organizations, and
(E) properties owned by State and local governments and agencies thereof,
and any such extensions of the program to any types and classes of these properties shall from time to time be prescribed in regulations.
**(c) Availability of insurance in States or areas evidencing positive interest in securing insurance and assuring adoption of adequate land use and control measures** The Administrator shall make flood insurance available in only those States or areas (or subdivisions thereo
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 4015
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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) Renewal and transfer of policies; acquisition of policies after filing of maps** Owners of existing National Flood Insurance Act policies with respect to structures located within the Floodway established under [section 1600c of title 43](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1600c&num=0&edition=prelim) shall have the right to renew and transfer such policies. Owners of existing structures located within said Floodway on October 8, 1986, who have not acquired National Flood Insurance Act policies shall have the right to acquire policies with respect to such structures for six months after the Secretary of the Interior files the Floodway maps required by section 1600c(b)(2) 11 See References in Text note below. of title 43 and to renew and transfer such policies.
**(b) New coverage for new construction or substantial improvements** No new flood insurance coverage may be provided under this chapter on or after a date six months after October 8, 1986, for any new construction or substantial improvements of structures located within the Colorado River Floodway established by [section 1600c of title 43](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1600c&num=0&edition=prelim). New construction includes all structures that are not insurable prior to that date.
**(c) Establishment of temporary boundaries** The Secretary of the Interior may by rule after notice and comment pursuant to [section 553 of title 5](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title5-section553&num=0&edition=prelim) establish temporary Floodway boundaries to be in effect until the maps required by section 1600c(b)(2) 1 of title 43 are filed, for the purpose of enforcing subsections (b) and (d) of this section.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 4051
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Federal law — U.S. Code and appendices · legal_authorities
Page 6055
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 4081
Editorial Notes
REFERENCES IN TEXT
This chapter, referred to in subsec. (a), was in the
original a reference to ‘‘this title’’ meaning title XIII
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—Pub. L. 112–141 substituted ‘‘Administrator’’ for
‘‘Director’’ wherever appearing in text.
1989—Subsec. (b). Pub. L. 101–137 amended subsec. (b)
generally. Prior to amendment, subsec. (b) read as fol-
lows: ‘‘Upon making the determination referred to in
subsection (a) of this section, and at least thirty days
prior to implementing the program of flood insurance
authorized under subchapter I of this chapter through
the facilities of the Federal Government, the Director
shall make a report to the Congress and such report
shall—
‘‘(1) state the reasons for such determination,
‘‘(2) be supported by pertinent findings,
‘‘(3) indicate the extent to which it is anticipated
that the insurance industry will be utilized in pro-
viding flood insurance coverage under the program,
and
‘‘(4) contain such recommendations as the Director
deems advisable.’’
1983—Subsec. (a). Pub. L. 98–181, § 451(d)(1), in provi-
sions preceding par. (1), substituted ‘‘Director’’ for
‘‘Secretary’’.
Subsec. (a)(2). Pub. L. 98–181, § 451(d)(4), struck out
‘‘officers and employees of the Department of Housing
and Urban Development, and’’ before ‘‘such other offi-
cers’’.
Pub. L. 98–181, § 451(d)(1), substituted ‘‘Director’’ for
‘‘Secretary’’.
Subsec. (b). Pub. L. 98–181, § 451(d)(1), substi
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 4081
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