42 U.S.C. § 4026 — Expiration of program

Page 6041 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 4026 1 See Extension of Program note below. 1983—Subsecs. (a), (c). Pub. L. 98–181 substituted ‘‘Di- rector’’ for ‘‘Secretary’’ 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 Secu- rity, and the Department of Homeland Security Reor- ganization Plan of November 25, 2002, as modified, set out as a note under section 542 of Title 6. TERMINATION OF ADVISORY COMMITTEES Advisory committees in existence on Jan. 5, 1973, to terminate not later than the expiration of the 2-year period following Jan. 5, 1973, unless, in the case of a committee established by the President or an officer of the Federal Government, such committee is renewed by appropriate action prior to the expiration of such 2- year period, or in the case of a committee established by the Congress, its duration is otherwise provided by law. Advisory committees established after Jan. 5, 1973, to terminate not later than the expiration of the 2-year period beginning on the date of their establishment, unless, in the case of a committee established by the President or an officer of the Federal Government, such committee is renewed by appropriate action prior to the expiration of such 2-year period, or in the case of a committee established by the Congress, its duration is otherwise provided by law. See section 1013 of Title 5, Government Organization and Employees. § 4026. Expiration of program No new contract for flood insurance under this chapter shall be entered into after September 30, 2023.1 (Pub. L. 90–448, title XIII, § 1319, Aug. 1, 1968, 82 Stat. 581; Pub. L. 93–4, Feb. 2, 1973, 87 Stat. 4; Pub. L. 93–38, June 5, 1973, 87 Stat. 73; Pub. L. 93–234, title I, § 105, Dec. 31, 1973, 87 Stat. 979; Pub. L. 95–60, § 3, June 30, 1977, 91 Stat. 257; Pub. L. 95–80, § 3, July 31, 1977, 91 Stat. 339; Pub. L. 95–128, title VII, § 701(a), Oct. 12, 1977, 91 Stat. 1144; Pub. L. 95–406, § 6(a), Sept. 30, 1978, 92 Stat. 880; Pub. L. 95–557, title III, § 308(a), Oct. 31, 1978, 92 Stat. 2098; Pub. L. 96–153, title VI, § 602(a), Dec. 21, 1979, 93 Stat. 1137; Pub. L. 97–35, title III, § 341(b)(1), Aug. 13, 1981, 95 Stat. 418; Pub. L. 97–289, § 4(a), Oct. 6, 1982, 96 Stat. 1231; Pub. L. 98–35, § 4(a), May 26, 1983, 97 Stat. 198; Pub. L. 98–109, § 5(a), Oct. 1, 1983, 97 Stat. 746; Pub. L. 98–181, title I [title IV, § 451(a)], Nov. 30, 1983, 97 Stat. 1229; Pub. L. 99–120, § 4(a)(1), Oct. 8, 1985, 99 Stat. 503; Pub. L. 99–156, § 4(a)(1), Nov. 15, 1985, 99 Stat. 816; Pub. L. 99–219, § 4(a)(1), Dec. 26, 1985, 99 Stat. 1731; Pub. L. 99–267, § 4(a)(1), Mar. 27, 1986, 100 Stat. 74; Pub. L. 99–272, title III, § 3010(a)(1), Apr. 7, 1986, 100 Stat. 106; Pub. L. 99–289, § 1(b), May 2, 1986, 100 Stat. 412; Pub. L. 99–345, § 1, June 24, 1986, 100 Stat. 673; Pub. L. 99–430, Sept. 30, 1986, 100 Stat. 986; Pub. L. 100–122, § 1, Sept. 30, 1987, 101 Stat. 793; Pub. L. 100–154, Nov. 5, 1987, 101 Stat. 890; Pub. L. 100–170, Nov. 17, 1987, 101 Stat. 914; Pub. L. 100–179, Dec. 3, 1987, 101 Stat. 1018; Pub. L. 100–200, Dec. 21, 1987, 101 Stat. 1327; Pub. L. 100–242, title V, § 541(a), Feb. 5, 1988, 101 Stat. 1939; Pub. L. 101–137, § 1(a), Nov. 3, 1989, 103 Stat. 824; Pub. L. 101–508, title II, § 2302(a), Nov. 5, 1990, 104 Stat. 1388–23; Pub. L. 103–325, title V, § 571(a), Sept. 23, 1994, 108 Stat. 2277; Pub. L. 104–204, title III, Sept. 26, 1996, 110 Stat. 2915; Pub. L. 105–46, § 118, Sept. 30, 1997, 111 Stat. 1157; Pub. L. 105–65, title III, Oct. 27, 1997, 111 Stat. 1377; Pub. L. 105–276, title III, title V, § 599D(a), Oct. 21, 1998, 112 Stat. 2502, 2663; Pub. L. 107–73, title III, Nov. 26, 2001, 115 Stat. 689; Pub. L. 108–3, § 2(a)(2), Jan. 13, 2003, 117 Stat. 7; Pub. L. 108–171, § 2(a)(1), Dec. 6, 2003, 117 Stat. 2064; Pub. L. 108–199, div. H, § 136(a)(1), Jan. 23, 2004, 118 Stat. 442; Pub. L. 108–264, title I, § 101(b), June 30, 2004, 118 Stat. 714; Pub. L. 111–196, § 2(a), July 2, 2010, 124 Stat. 1352; Pub. L. 111–250, § 2(a), Sept. 30, 2010, 124 Stat. 2630; Pub. L. 112–74, div. D, title V, § 573, Dec. 23, 2011, 125 Stat. 985; Pub. L. 112–123, § 1(a), May 31, 2012, 126 Stat. 365; Pub. L. 112–141, div. F, title II, § 100203(b), July 6, 2012, 126 Stat. 916; Pub. L. 115–225, § 2(b), July 31, 2018, 132 Stat. 1624; Pub. L. 115–281, § 2(b), Dec. 1, 2018, 132 Stat. 4191; Pub. L. 115–396, § 2(b), Dec. 21, 2018, 132 Stat. 5296; Pub. L. 116–19, § 2(b), May 31, 2019, 133 Stat. 870; Pub. L. 116–20, title XII, § 1207(b), June 6, 2019, 133 Stat. 901; Pub. L. 116–159, div. A, § 146(b), Oct. 1, 2020, 134 Stat. 718; Pub. L. 117–103, div. O, title I, § 101(b), Mar. 15, 2022, 136 Stat. 787; Pub. L. 117–328, div. AA, title IX, § 901(b), Dec. 29, 2022, 136 Stat. 5551.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, 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 classified prin- cipally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 4001 of this title and Tables. AMENDMENTS 2022—Pub. L. 117–328 substituted ‘‘September 30, 2023’’ for ‘‘September 30, 2022’’. Pub. L. 117–103 substituted ‘‘September 30, 2022’’ for ‘‘September 30, 2021’’. 2020—Pub. L. 116–159 substituted ‘‘September 30, 2021’’ for ‘‘September 30, 2019’’. 2019—Pub. L. 116–20 substituted ‘‘September 30, 2019’’ for ‘‘June 14, 2019’’. Pub. L. 116–19 substituted ‘‘June 14, 2019’’ for ‘‘May 31, 2019’’. 2018—Pub. L. 115–396 substituted ‘‘May 31, 2019’’ for ‘‘December 7, 2018’’. Pub. L. 115–281 substituted ‘‘December 7, 2018’’ for ‘‘November 30, 2018’’. Pub. L. 115–225 substituted ‘‘November 30, 2018’’ for ‘‘September 30, 2017’’. 2012—Pub. L. 112–141 substituted ‘‘September 30, 2017’’ for ‘‘July 31, 2012’’. Pub. L. 112–123 substituted ‘‘July 31, 2012’’ for ‘‘the earlier of the date of the enactment into law of an Act Page 6042 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 4026 that specifically amends the date specified in this sec- tion or May 31, 2012’’. 2011—Pub. L. 112–74 substituted ‘‘the earlier of the date of the enactment into law of an Act that specifi- cally amends the date specified in this section or May 31, 2012’’ for ‘‘September 30, 2011’’. 2010—Pub. L. 111–250 substituted ‘‘September 30, 2011’’ for ‘‘September 30, 2010’’. Pub. L. 111–196 substituted ‘‘September 30, 2010’’ for ‘‘September 30, 2008’’. 2004—Pub. L. 108–264 substituted ‘‘after September 30, 2008’’ for ‘‘after March 31, 2004’’. Pub. L. 108–199, which directed the substitution of ‘‘June 30, 2004.’’ for ‘‘December 31, 2003’’, could not be executed because of the amendment by Pub. L. 108–171. See 2003 Amendment note below. 2003—Pub. L. 108–171 substituted ‘‘March 31, 2004’’ for ‘‘December 31, 2003’’. Pub. L. 108–3 substituted ‘‘after December 31, 2003’’ for ‘‘after December 31, 2002’’. 2001—Pub. L. 107–73 substituted ‘‘December 31, 2002’’ for ‘‘September 30, 2001’’. 1998—Pub. L. 105–276, § 599D(a), which directed the substitution of ‘‘2001’’ for ‘‘1998’’, was executed by sub- stituting ‘‘2001’’ for ‘‘1999’’ to reflect the probable in- tent of Congress and the amendment by Pub. L. 105–276, title III, see below. Pub. L. 105–276, title III, substituted ‘‘1999’’ for ‘‘1998’’. 1997—Pub. L. 105–65 substituted ‘‘September 30, 1998’’ for ‘‘October 23, 1997’’. Pub. L. 105–46 substituted ‘‘October 23, 1997’’ for ‘‘Sep- tember 30, 1997’’. 1996—Pub. L. 104–204 substituted ‘‘September 30, 1997’’ for ‘‘September 30, 1996’’. 1994—Pub. L. 103–325 substituted ‘‘September 30, 1996’’ for ‘‘September 30, 1995’’. 1990—Pub. L. 101–508 substituted ‘‘September 30, 1995’’ for ‘‘September 30, 1991’’. 1989—Pub. L. 101–137 substituted ‘‘September 30, 1991’’ for ‘‘September 30, 1989’’. 1988—Pub. L. 100–242 substituted ‘‘September 30, 1989’’ for ‘‘March 15, 1988’’. 1987—Pub. L. 100–200 substituted ‘‘March 15, 1988’’ for ‘‘December 16, 1987’’. Pub. L. 100–179 substituted ‘‘December 16, 1987’’ for ‘‘December 2, 1987’’. Pub. L. 100–170 substituted ‘‘December 2, 1987’’ for ‘‘November 15, 1987’’. Pub. L. 100–154 substituted ‘‘November 15, 1987’’ for ‘‘October 31, 1987’’. Pub. L. 100–122 substituted ‘‘October 31, 1987’’ for ‘‘September 30, 1987’’. 1986—Pub. L. 99–430 substituted ‘‘September 30, 1987’’ for ‘‘September 30, 1986’’. Pub. L. 99–345 substituted ‘‘September 30, 1986’’ for ‘‘June 6, 1986’’. Pub. L. 99–289 substituted ‘‘June 6, 1986’’ for ‘‘April 30, 1986’’. Pub. L. 99–272 directed amendment identical to Pub. L. 99–219 substituting ‘‘March 17, 1986’’ for ‘‘December 15, 1985’’. Pub. L. 99–267 substituted ‘‘April 30, 1986’’ for ‘‘March 17, 1986’’. 1985—Pub. L. 99–219 substituted ‘‘March 17, 1986’’ for ‘‘December 15, 1985’’. Pub. L. 99–156 substituted ‘‘December 15, 1985’’ for ‘‘November 14, 1985’’. Pub. L. 99–120 substituted ‘‘November 14, 1985’’ for ‘‘September 30, 1985’’. 1983—Pub. L. 98–181 substituted ‘‘September 30, 1985’’ for ‘‘November 30, 1983’’. Pub. L. 98–109 substituted ‘‘November 30, 1983’’ for ‘‘September 30, 1983’’. Pub. L. 98–35 substituted ‘‘September 30, 1983’’ for ‘‘May 20, 1983’’. 1982—Pub. L. 97–289 substituted ‘‘May 20, 1983’’ for ‘‘September 30, 1982’’. 1981—Pub. L. 97–35 substituted ‘‘1982’’ for ‘‘1981’’. 1979—Pub. L. 96–153 substituted ‘‘September 30, 1981’’ for ‘‘September 30, 1980’’. 1978—Pub. L. 95–557 substituted ‘‘September 30, 1980’’ for ‘‘October 31, 1978’’. Pub. L. 95–406 substituted ‘‘October 31, 1978’’ for ‘‘Sep- tember 30, 1978’’. 1977—Pub. L. 95–128 substituted ‘‘September 30, 1978’’ for ‘‘September 30, 1977’’. Pub. L. 95–80 substituted ‘‘September 30, 1977’’ for ‘‘July 31, 1977’’. Pub. L. 95–60 substituted ‘‘July 31, 1977’’ for ‘‘June 30, 1977’’. 1973—Pub. L. 93–234 substituted expiration of program provisions for $6,000,000,000 limitation on flood insur- ance coverage outstanding. Pub. L. 93–38 substituted ‘‘$6,000,000,000’’ for ‘‘$4,000,000,000’’. Pub. L. 93–4 substituted ‘‘$4,000,000,000’’ for ‘‘$2,500,000,000’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2022 AMENDMENT Amendment by Pub. L. 117–328 effective as if enacted on Sept. 30, 2022, see section 901(c) of div. AA of Pub. L. 117–328, set out as a note under section 4016 of this title. EFFECTIVE DATE OF 2020 AMENDMENT Amendment by Pub. L. 116–159 effective immediately upon enactment (Oct. 1, 2020), and applicable as if it were in effect on Sept. 30, 2020, see section 146(c) of Pub. L. 116–159, set out as a note under section 4016 of this title. EFFECTIVE DATE OF 2018 AMENDMENT Amendment by Pub. L. 115–396 effective as if enacted on Dec. 7, 2018, see section 2(c) of Pub. L. 115–396, set out as a note under section 4016 of this title. EFFECTIVE DATE OF 2010 AMENDMENT Amendment by Pub. L. 111–196 considered effective on May 31, 2010, see section 2(c) of Pub. L. 111–196, set out as a note under section 4016 of this title. EFFECTIVE DATE OF 2004 AMENDMENT Amendment by Pub. L. 108–199 considered to have taken effect on Dec. 31, 2003, see section 136(b) of div. H of Pub. L. 108–199, set out as a note under section 4016 of this title. 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 1998 AMENDMENT Pub. L. 105–276, title V, § 599D(c), Oct. 21, 1998, 112 Stat. 2663, provided that: ‘‘The amendments made by this section [amending this section and section 4056 of this title] are made on, and shall apply beginning upon, the date of the enactment of this Act [Oct. 21, 1998].’’ 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. 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. EXTENSION OF PROGRAM Pub. L. 118–83, div. A, § 137, Sept. 26, 2024, 138 Stat. 1531, provided that: Page 6043 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 4027a ‘‘(a) Sections 1309(a) and 1319 of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a) and 4026) shall be applied by substituting the date specified in section 106(3) of this Act [Dec. 20, 2024] for ‘September 30, 2023’. ‘‘(b)(1) Subject to paragraph (2), this section shall be- come effective immediately upon enactment of this Act [div. A of Pub. L. 118–83, approved Sept. 26, 2024]. ‘‘(2) If this Act is enacted after September 30, 2024, this section shall be applied as if it were in effect on September 30, 2024.’’ Pub. L. 118–47, div. G, title I, § 101(b), Mar. 23, 2024, 138 Stat. 856, provided that: ‘‘Sections [sic] 1319 of the Na- tional Flood Insurance Act of 1968 (42 U.S.C. 4026) shall be applied by substituting ‘September 30, 2024’ for ‘Sep- tember 30, 2023’.’’ [Section 101(b) of div. G of Pub. L. 118–47, set out above, to take effect as if enacted on Sept. 30, 2023, see section 101(c) of div. G of Pub. L. 118–47, set out as an Extension of Limitation on Financing Provisions note under section 4016 of this title.] Pub. L. 116–94, div. I, title II, § 201, Dec. 20, 2019, 133 Stat. 3019, provided that: ‘‘Sections 1309(a) and 1319 of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a) and 4026) shall be applied by substituting ‘Sep- tember 30, 2020’ for ‘September 30, 2019’.’’ Pub. L. 115–141, div. M, title III, § 301, Mar. 23, 2018, 132 Stat. 1049, provided that: ‘‘Sections 1309(a) and 1319 of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a) and 4026) shall be applied by substituting ‘July 31, 2018’ for ‘September 30, 2017’.’’ Pub. L. 110–329, div. A, § 145, Sept. 30, 2008, 122 Stat. 3581, as amended by Pub. L. 111–8, div. J, § 101, Mar. 11, 2009, 123 Stat. 988, provided that sections 1309(a) and 1319 of the National Flood Insurance Act of 1968 (42 U.S.C. 4016(a) and 4026) should each be applied by sub- stituting ‘‘September 30, 2009’’ for ‘‘September 30, 2008’’. Pub. L. 105–64, Oct. 23, 1997, 111 Stat. 1343, provided that the provision amended by section 118 of Pub. L. 105–46 (see 1997 Amendment note above) should be ap- plied as if ‘‘November 7, 1997’’ was substituted for ‘‘Oc- tober 23, 1997’’. § 4027. Biennial report to President (a) In general The Administrator shall biennially submit a report of operations under this chapter to the President for submission to the Congress. (b) Effects of flood insurance program The Administrator shall include, as part of the biennial report submitted under subsection (a), a chapter reporting on the effects on the flood insurance program observed through implemen- tation of requirements under the Riegle Commu- nity Development and Regulatory Improvement Act of 1994. (Pub. L. 90–448, title XIII, § 1320, Aug. 1, 1968, 82 Stat. 581; Pub. L. 96–470, title II, § 205(b), Oct. 19, 1980, 94 Stat. 2244; Pub. L. 98–181, title I [title IV, § 451(d)(1)], Nov. 30, 1983, 97 Stat. 1229; Pub. L. 103–325, title V, § 581, Sept. 23, 1994, 108 Stat. 2286; Pub. L. 112–141, div. F, title II, § 100238(b)(1), July 6, 2012, 126 Stat. 958.) 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. The Riegle Community Development and Regulatory Improvement Act of 1994, referred to in subsec. (b), is Pub. L. 103–325, Sept. 23, 1994, 108 Stat. 2160. For com- plete classification of this Act to the Code, see Short Title note set out under section 4701 of Title 12, Banks and Banking, and Tables. AMENDMENTS 2012—Pub. L. 112–141 substituted ‘‘Administrator’’ for ‘‘Director’’ in subsecs. (a) and (b). 1994—Pub. L. 103–325 designated existing provisions as subsec. (a), inserted heading, and added subsec. (b). 1983—Pub. L. 98–181 substituted ‘‘Director’’ for ‘‘Sec- retary’’. 1980—Pub. L. 96–470 substituted ‘‘biennially submit’’ for ‘‘include’’ and struck out ‘‘in the annual report’’ after ‘‘under this chapter’’ and ‘‘required by section 3536 of this title’’ after ‘‘the Congress’’. 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 Secu- rity, and the Department of Homeland Security Reor- ganization Plan of November 25, 2002, as modified, set out as a note under section 542 of Title 6. § 4027a. Report of the Administrator on activities under the National Flood Insurance Program (1) In general The Administrator shall, on an annual basis, submit a full report on the operations, activi- ties, budget, receipts, and expenditures of the National Flood Insurance Program for the pre- ceding 12-month period to the Committee on Banking, Housing, and Urban Affairs of the Sen- ate and the Committee on Financial Services of the House of Representatives. (2) Timing Each report required under paragraph (1) shall be submitted to the committees described in paragraph (1) not later than 3 months following the end of each fiscal year. (3) Contents Each report required under paragraph (1) shall include— (A) the current financial condition and in- come statement of the National Flood Insur- ance Fund established under section 4017 of this title, including— (i) premiums paid into such Fund; (ii) policy claims against such Fund; and (iii) expenses in administering such Fund; (B) the number and face value of all policies issued under the National Flood Insurance Program that are in force;