Page:United States Statutes at Large Volume 103 Part 1.djvu/853

 PUBLIC LAW 101-137—NOV. 3, 1989 103 STAT. 825 report under this subsection unless it would be impossible to con- tinue to effectively carry out the National Flood Insurance Program operations during this time.". SEC. 4. AUTHORIZATION FOR STUDIES. Section 1376(c) of the National Flood Insurance Act of 1968 (42 U.S.C. 4127(c)) is amended by striking the first sentence and insert- ing the following: "There are authorized to be appropriated for studies under this title not to exceed $36,283,000 for fiscal year 1990, and such sums as may be necessary for fiscal year 1991". SEC. 5. SEA LEVEL RISE STUDY. 42 USC 4014 The Director of the Federal Emergency Management Agency shall conduct a study to determine the impact of relative sea level rise on the flood insurance rate maps. This study shall also project the economic losses gissociated with estimated sea level rise and aggregate such data for the United States as a whole and by region. The Director shall report the results of this study to the Congress Reports, not later than one year after the date of enactment of this Act. Funds for such study shall be made available from amounts appro- priated under secton 1376(c) of the National Flood Insurance Act of 1968. SEC. 6. CRIME INSURANCE PROGRAM. (a) EXTENSION OF GENERAL AUTHORITY.— Section 1201(b) of the National Housing Act (12 U.S.C. 1749bbb(b)) is amended by striking "September 30, 1989" in the matter preceding paragraph (1) and inserting "September 30, 1991". (b) CONTINUATION OF EXISTING CONTRACTS.— Section 1201(b)(1) of the National Housing Act (12 U.S.C. 1749bbb(b)(l)) is amended by striking "September 30, 1990" and inserting "September 30, 1992". (c) LIMITATION ON PREMIUMS. — Section 542(c) of the Housing and Community Development Act of 1987 (12 U.S.C. 1749bbb-10c note) is amended— (1) by striking "September 30, 1989" and inserting "Septem- ber 30, 1991"; and (2) by striking "5 percent" and inserting "15 percent". (d) ANNUAL REPORT.—Section 1234 of the National Housing Act (12 U.S.C. 1749bbb-10d) is amended to read as follows: "REPORTS ON OPERATIONS "SEC. 1234. The Director shall report to the Congress not less than annually on the program authorized by this title. The reports under this section shall include— "(1) full and complete information on the operations and activities of the Director under this part, together with such recommendations with respect thereto as the Director may deem appropriate; and "(2) a detailed justification of any increase in premium rates charged for crime insurance made during the period for which the report is submitted.". SEC. 7. EXTENSION OF RURAL HOUSING AUTHORITIES. (a) RENTAL HOUSING LOAN AUTHORITY.—Section 515(b)(4) of the Housing Act of 1949 is amended by striking out "September 30, 42 USC 1485. 1989" and inserting in lieu thereof "September 30, 1990".

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