Bill 118 s 3650, also known as the "Flood Insurance Mapping Improvement Act," aims to make changes to the Biggert-Waters Flood Insurance Reform Act of 2012 in order to enhance the mapping process under the National Flood Insurance Program (NFIP). The bill seeks to improve the accuracy and reliability of flood maps, which are used to determine flood risk and insurance rates for properties in flood-prone areas.
One of the key provisions of the bill is to require the Federal Emergency Management Agency (FEMA) to update and maintain flood maps on a regular basis, using the most up-to-date technology and data available. This will help ensure that property owners have access to accurate information about their flood risk, allowing them to make informed decisions about purchasing flood insurance and taking steps to mitigate potential damage.
Additionally, the bill includes measures to increase transparency and public input in the mapping process, by requiring FEMA to consult with local communities and stakeholders when updating flood maps. This will help ensure that the concerns and perspectives of those directly affected by flood mapping decisions are taken into account.
Overall, the Flood Insurance Mapping Improvement Act aims to strengthen the NFIP by enhancing the accuracy and reliability of flood maps, ultimately helping to protect property owners and communities from the devastating impacts of flooding.