Page:United States Statutes at Large Volume 97.djvu/1262

 97 STAT. 1230 PUBLIC LAW 98-181—NOV. 30, 1983 Report to Congress. 42 USC 4001 note. (2) The Federal Insurance Administrator shall, not later than June 30, 1984, submit to the Congress a report with respect to the premium rate structure for flood insurance made available pursuant to the National Flood Insurance Act of 1968. Such report shall include an explanation of any increases in such premiums that the Administrator anticipates will be made before October 1, 1985. Ante, p. 746. 12 USC 1749bbb et seq. 12 USC 1749bbb-2. 12 USC 1749bbb-10b. 12 USC 1749bbb-17. CRIME AND RIOT INSURANCE SEC. 452. (a)(1) Section 1201(b)(l) of the National Housing Act is amended by striking out "this title shall terminate on November 30, 1983," and inserting in lieu thereof the following: "part B shall terminate on November 30, 1983, and parts A, C, and D shall terminate on September 30, 1984,". (2) Section 1201(b) of such Act is amended by adding at the end thereof the following new paragraph: "(3) The Administrator shall notify participating insurers under part B that the reinsurance authority of the Administrator under such part shall terminate on November 30, 1983.". (b)(1) Title XII of such Act is amended by striking out "Secretary" and "Secretary's" each place they appear therein (other than as a reference to a Secretary other than the Secretary of Housing and Urban Development) and inserting in lieu thereof "Director and "Director's", respectively. (2) Section 1203(a) of such Act is amended— (A) by striking out "and" at the end of paragraph (15); (B) by striking out the period at the end of paragraph (16) and inserting "; and ' in lieu thereof; and (C) by adding at the end thereof the following new paragraph: "(17) 'Director' means the Director of the Federal Emergency Management Agency.". (3) Section 1232(2) of such Act is amended by striking out "officers and employees of the Department of Housing and Urban Develop- ment, and'. (4) Section 1247 of such Act is amended by inserting "of the Secretary of Housing and Urban Development" after "regulations)". 42 USC 4122 note. STUDY OF SINKHOLE INSURANCE SEC. 453. The Director of the Federal Emergency Management Agency may make a grant to a nonprofit organization, educational institution or affiliated agency or entity, or State or local agency to finance a study of the feasibility of expanding the national flood insurance program to cover damage or loss arising from sinkholes. There is authorized to be appropriated not to exceed $1,000,000 to carry out the provisions of this section. PART C—REGULATORY AND OTHER PROGRAMS REAL ESTATE SETTLEMENT PROCEDURES 12 USC 2602. SEC. 461. (a) Section 3 of the Real Estate Settlement Procedures Act of 1974 is amended— (1) by striking out "and" at the end of paragraph (5); (2) by striking out the period at the end of paragraph (6) and inserting in lieu thereof a semicolon; and (3) by adding the following new paragraphs at the end thereof:

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