WHAT THE LAW DOINCongress, in plain words

The law › Title 42, The Public Health and Welfare › Chapter 50

42 U.S.C. 4015: Chargeable premium rates

Created in 1968 by Public Law 90-448. Changed by 8 later laws. No bill we track in this Congress changes it.

5 other sections of the Code cite this one, including 42 U.S.C. 4013, 42 U.S.C. 4017, 42 U.S.C. 4020, 42 U.S.C. 4022, 42 U.S.C. 4054.

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2014

    • Pub. L. 113–89, §5(1), struck out ", the chargeable risk premium rates for flood insurance under this chapter for any properties" before dash at end of introductory provisions. (Homeowner Flood Insurance Affordability Act of 2014) Law text · (e)
    • Pub. L. 113–89, §5(5), added pars. (1) and (2). Former pars. (1) and (2) redesignated (3) and (4), respectively. (Homeowner Flood Insurance Affordability Act of 2014) Law text · (e), (2)
    • Pub. L. 113–89, §5(2), (3), inserted "the chargeable risk premium rates for flood insurance under this chapter for any properties" at beginning. (Homeowner Flood Insurance Affordability Act of 2014) Law text · (e), (2)
    • Pub. L. 113–89, §5(4), (6), redesignated par. (1) as (3) and substituted "15 percent" for "20 percent". (Homeowner Flood Insurance Affordability Act of 2014) Law text · (e)
    • Pub. L. 113–89, §5(4), (7), redesignated par. (2) as (4) and substituted "paragraph (3)" for "paragraph (1)". (Homeowner Flood Insurance Affordability Act of 2014) Law text · (e)
    • Pub. L. 113–89, §11(a), substituted "annually or monthly" for "either annually or in more frequent installments". (Homeowner Flood Insurance Affordability Act of 2014) Law text · (g)
    • Pub. L. 113–89, §4(a), redesignated subsec. (i) as (h) and struck out former subsec. (h) which related to premium adjustment to reflect current risk of flood. (Homeowner Flood Insurance Affordability Act of 2014) Law text · (h)
    • Pub. L. 113–89, §6, added subsec. (i). Former subsec. (i) redesignated (h). (Homeowner Flood Insurance Affordability Act of 2014) Law text · (i)
    • Pub. L. 113–89, §7, added subsec. (j). (Homeowner Flood Insurance Affordability Act of 2014) Law text · (j)
    • Pub. L. 113–89, §26(b), added subsec. (k). (Homeowner Flood Insurance Affordability Act of 2014) Law text · (k)
    • Pub. L. 113–89, §28, added subsec. (l). (Homeowner Flood Insurance Affordability Act of 2014) Law text · (l)
    • Pub. L. 113–89, §29, added subsec. (m). (Homeowner Flood Insurance Affordability Act of 2014) Law text · (m)

    2012

    • Pub. L. 112–141, §100238(b)(1), substituted "Administrator" for "Director" in introductory provisions. (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (a)
    • Pub. L. 112–141, §100211(1), in introductory provisions, substituted "prescribe, after providing notice" for ", after consultation with the advisory committee authorized under section 4025 of this title, appropriate representatives of the pool formed or otherwise created under section 4051 of this … (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (a)
    • Pub. L. 112–141, §100211(2), added par. (5). (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (b)
    • Pub. L. 112–141, §100238(b)(1), substituted "Administrator" for "Director" wherever appearing. (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (c), (d)
    • Pub. L. 112–141, §100205(c)(1), struck out "or (3)" after "paragraph (2)" and inserted "any properties" after "under this chapter for" in introductory provisions. (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (e)
    • Pub. L. 112–123 substituted "under this chapter for—" for "under this chapter for", inserted par. (1) designation before "any properties", and added par. (2). Law text · (e)
    • Pub. L. 112–141, §100205(c)(2), substituted "within any single" for "any properties within any single" and "20 percent" for "10 percent". (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (e)
    • Pub. L. 112–141, §100205(c)(3), added par. (2) and struck out former par. (2) which read as follows: "any residential properties which are not the primary residence of an individual, as described in section 4014(a)(2) of this title, shall be increased by 25 percent each year, until … (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (e)
    • Pub. L. 112–141, §100238(b)(1), substituted "Administrator" for "Director" in two places. (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (f)
    • Pub. L. 112–141, §100205(d), added subsec. (g). (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (g)
    • Pub. L. 112–141, §100207, added subsec. (h). (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (h)
    • Pub. L. 112–141, §100211(3), added subsec. (i). (Moving Ahead for Progress in the 21st Century Act" or the "MAP-21) Law text · (i)

    2004

    • Pub. L. 108–264, §106(a), added subsec. (c) and struck out former subsec. (c) which read as follows "Subject only to the limitation under subsection (e) of this section, the chargeable rate with respect to any property, the construction or substantial improvements of which the Director… Law text · (c)
    • Pub. L. 108–264, §106(b), substituted "Except with respect to properties described under paragraph (2) or (3) of subsection (c), and notwithstanding" for "Notwithstanding". Law text · (e)
    • Pub. L. 108–264, §209, added subsec. (f). Law text · (f)

    1994

    • Pub. L. 103–325, §572(a)(1), substituted "Subject only to the limitation under subsection (e) of this section" for "Notwithstanding any other provision of this chapter". · (c)
    • Pub. L. 103–325, §572(a)(2), added subsec. (e). · (e)

    1990

    • Pub. L. 101–508, §2302(e)(2)(A), added par. (3) and redesignated former par. (3) as (4). · (b), (4)
    • Pub. L. 101–508, §2302(e)(2)(B), added subsec. (d) and struck out former subsec. (d) which read as follows: "In the event any chargeable premium rate prescribed under this section— · (d)

    1983

    • Pub. L. 98–181 substituted "Director" for "Secretary" wherever appearing. · (a), (c), (d)

    1973

    • Pub. L. 93–234 substituted "started after December 31, 1974, or the effective date of the initial rate map published by the Secretary under paragraph (2) of section 4101 of this title for the area in which such property is located, whichever is later" for "started after the identificat… · (c)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.