42 Usc 4001

US CODE: Title 42,4001. Congressional findings and declaration of purpose

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TITLE 42 > CHAPTER 50 > § 4001

§ 4001. Congressional findings and declaration
http://www.law.cornell.edu/uscode/42/usc_sec_42_00004001----000-.html (1 of 5)3/26/2010 12:03:04 PM

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US CODE: Title 42,4001. Congressional findings and declaration of purpose

of purpose
(a) Necessity and reasons for flood insurance program

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The Congress finds that
(1) from time to time flood disasters have created personal hardships and
economic distress which have required unforeseen disaster relief measures
and have placed an increasing burden on the Nation’s resources;
(2) despite the installation of preventive and protective works and the
adoption of other public programs designed to reduce losses caused by flood
damage, these methods have not been sufficient to protect adequately against
growing exposure to future flood losses;
(3) as a matter of national policy, a reasonable method of sharing the risk of
flood losses is through a program of flood insurance which can complement
and encourage preventive and protective measures; and
(4) if such a program is initiated and carried out gradually, it can be expanded
as knowledge is gained and experience is appraised, thus eventually making
flood insurance coverage available on reasonable terms and conditions to
persons who have need for such protection.
(b) Participation of Federal Government in flood insurance program carried
out by private insurance industry
The Congress also finds that
(1) many factors have made it uneconomic for the private insurance industry
alone to make flood insurance available to those in need of such protection on
reasonable terms and conditions; but
(2) a program of flood insurance with large-scale participation of the Federal
Government and carried out to the maximum extent practicable by the private
insurance industry is feasible and can be initiated.
(c) Unified national program for flood plain management

http://www.law.cornell.edu/uscode/42/usc_sec_42_00004001----000-.html (2 of 5)3/26/2010 12:03:04 PM

US CODE: Title 42,4001. Congressional findings and declaration of purpose

The Congress further finds that
(1) a program of flood insurance can promote the public interest by providing
appropriate protection against the perils of flood losses and encouraging
sound land use by minimizing exposure of property to flood losses; and
(2) the objectives of a flood insurance program should be integrally related to
a unified national program for flood plain management and, to this end, it is
the sense of Congress that within two years following the effective date of
this chapter the President should transmit to the Congress for its consideration
any further proposals necessary for such a unified program, including
proposals for the allocation of costs among beneficiaries of flood protection.
(d) Authorization of flood insurance program; flexibility in program
It is therefore the purpose of this chapter to
(1) authorize a flood insurance program by means of which flood insurance,
over a period of time, can be made available on a nationwide basis through
the cooperative efforts of the Federal Government and the private insurance
industry, and
(2) provide flexibility in the program so that such flood insurance may be
based on workable methods of pooling risks, minimizing costs, and
distributing burdens equitably among those who will be protected by flood
insurance and the general public.
(e) Land use adjustments by State and local governments; development of
proposed future construction; assistance of lending and credit institutions;
relation of Federal assistance to all flood-related programs; continuing
studies
It is the further purpose of this chapter to
(1) encourage State and local governments to make appropriate land use
adjustments to constrict the development of land which is exposed to flood
damage and minimize damage caused by flood losses,
(2) guide the development of proposed future construction, where practicable,
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US CODE: Title 42,4001. Congressional findings and declaration of purpose

away from locations which are threatened by flood hazards,
(3) encourage lending and credit institutions, as a matter of national policy, to
assist in furthering the objectives of the flood insurance program,
(4) assure that any Federal assistance provided under the program will be
related closely to all flood-related programs and activities of the Federal
Government, and
(5) authorize continuing studies of flood hazards in order to provide for a
constant reappraisal of the flood insurance program and its effect on land use
requirements.
(f) Mudslides
The Congress also finds that
(1) the damage and loss which results from mudslides is related in cause and
similar in effect to that which results directly from storms, deluges,
overflowing waters, and other forms of flooding, and
(2) the problems involved in providing protection against this damage and
loss, and the possibilities for making such protection available through a
Federal or federally sponsored program, are similar to those which exist in
connection with efforts to provide protection against damage and loss caused
by such other forms of flooding. It is therefore the further purpose of this
chapter to make available, by means of the methods, procedures, and
instrumentalities which are otherwise established or available under this
chapter for purposes of the flood insurance program, protection against
damage and loss resulting from mudslides that are caused by accumulations
of water on or under the ground.
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US CODE: Title 42,4001. Congressional findings and declaration of purpose

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