[20080905]RS22945_斯塔福德法案援助的洪水保险要求.pdf

1 One commentator noted that “the Federal Flood Insurance Act did not succeed in selling asingle insurance policy” and that, after only one year, Congress failed to appropriate adequatefunding for the program, ultimately leading to its “effective termination” by “financialstarvation.” David A. Grossman, Flood Insurance: Can A Feasible Program Be Created? 34LAND ECONOMICS 352 (Nov. 1958).2 Codified at 42 U.S.C. 4001 et seq.3 See 42 U.S.C. 4012a(a). While this mandate is relevant to the discussion of previous disaster(continued.)Order Code RS22945September 5, 2008Flood Insurance Requirements for StaffordAct AssistanceEdward C. LiuLegislative AttorneyAmerican Law DivisionSummaryThe Robert T. Stafford Disaster Relief and Emergency Assistance Act (the StaffordAct) imposes flood insurance requirements upon eligibility for disaster assistance in twogeneral cases: (1) if the entity seeking disaster assistance has received disaster assistancein the past, or (2) if the entity seeking disaster assistance is a state or local governmentor private nonprofit located in a federally designated special flood hazard area (SFHA)as determined under the National Flood Insurance Act of 1968. The requirem