Rejected

Redraft 32

FLOOD INSURANCE DISCOUNTS

Messrs. Hedlund and Tarr moved that the bill be amended by inserting the following item in section 2A:-

2800-7994…….for the implementation or expansion of a grant program to provide financial assistance to municipalities for costs associated with participation in the Community Rating System (CRS) program for the National Flood Insurance Program (NFIP); provided that funding secured through this grant be limited to those floodplain management activities recognized by the Federal Emergency Management Agency (FEMA) as measures resulting in credit points toward premium discounts for policy holders, including but not limited to public information, mapping and regulations, flood damage reduction and flood preparedness………$100,000