Page:United States Statutes at Large Volume 82.djvu/609

 82 STAT. ]

PUBLIC LAW 90-448-AUG. 1, 1968

567

$250,000,000 or such further sum as the Congress, by joint resolution, may from time to time determine." FEDEILVL INSURANCE

ADMINISTEATOR

SEC. 1105. (a) There is hereby established in the Department of Housing and LTrban Development the position of Federal Insurance Administrator. (b) Section 5815 of title 5, United States Code, is amended by 81*^^3^63^^^' adding at the end thereof the following new paragraph: "(91) Federal Insurance Administrator, Department of Housing and Urban Development." C L A R I F Y I N G AMENDMENTS TO ACTS REFERRING TO DISASTERS

SEC. 1106. (a) Section 7(b)(1) _ of the Small Business Act is J^ Stat.^asj. amended by inserting ", riots or civil disorders," before "or other catastrophes". (b) Section 101(c)(2)(E) of the Housing and Urban Development Act of 1965 is amended by striking out "natural". ^9 Stat. 451.^ (c) Section 111 of the Housing Act of 1949 is amended by striking 70 sta^ \^io\! out "the Secretary" after "disaster," and inserting in lieu thereof "or si Stat. 21. which the Secretary has determined is in need of such redevelopment " ^ ^^'^ ^'^^^' ^ or rehabilitation as a result of a riot or civi] disorder, he". (d) Section 203(h) of the National Housing Act is amended by ^^ ^t^^^- 592. inserting "riot or civil disorder," before "or other catastrophe". Relief to con(e) No person who has been convicted of committing a felony dur- victed felons, ing and in connection with a riot or civil disorder shall be permitted, prohlbin'on! for a period of one year after the date of his conviction, to receive any benefit under any law of the United States providing relief for disaster victims. TITLE X II — DISTRICT OF COLUMBIA INSURANCE PLACEMENT ACT SHORT TITLE

SEC. 1201. This title may be cited as the "District of Columbia Insurance Placement Act". DECLARATION OF F URP OS B

SEC. 1202. The purposes of this title are— (1) to assure stability in the property insurance market for property located in the District of Columbia; (2) to assure the availability of basic property insurance as defined by this title; (3) to encourage maximum use, in obtaining basic property insurance, of the normal insurance market provided by authorized insurers; and (4r) to provide for the equitable distribution among insurers of the responsibility for insuring qualified property in ihe District of Columbia for which insurance cannot be obtained through the normal insurance market and to authorize the establishment of a joint underwriting association in the District of Columbia to provide for reinsuring of basic property insurance without regard to environmental hazards.

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