National Flood Insurance Reform Act of 1994.

RIEGLE COMMUNITY DEVELOPMENT ACT

Subtitle F - Miscellaneous Provisions

580. Agricultural Structures

Section 1315(a) of the National Flood Insurance Act of 1968 (42 U.S.C. 4022(a)), as amended by the preceding provisions of this title, is further amended by adding at the end the following new paragraph:

"(2) AGRICULTURAL STRUCTURES.-

"(A) ACTIVITY RESTRICTIONS.-- Notwithstanding any other provision of law, the adequate land use and control measures required to be adopted in an area (or subdivision thereof) pursuant to paragraph (1) may provide, at the discretion of the appropriate State or local authority, for the repair and restoration to predamaged conditions of an agricultural structure that-

"(i) is a repetitive loss structure; or

"(ii) has incurred flood-related damage to the extent that the cost of restoring the structure to its predamaged condition would equal or exceed 50 percent of the market value of the structure before the damage occurred.

"(B) PREMIUM RATES AND COVERAGE.--To the extent applicable, an agricultural structure repaired or restored pursuant to subparagraph (A) shall pay chargeable premium rates established under section 1308 at the estimated risk premium rates under section 1307(a)(1). If resources are available, the Director shall provide technical assistance and counseling, upon request of the owner of the structure, regarding wet flood-proofing and other flood damage reduction measures for agricultural structures. The [2286] Director shall not be required to make flood insurance coverage available for such an agricultural structure unless the structure is wet flood-proofed through permanent or contingent measures applied to the structure or itscontents that prevent or provide resistance to damage from flooding by allowing flood waters to pass through the structure, as determined by the Director.

"(C) PROHIBITION ON DISASTER RELIEF.-- Notwithstanding any other provision of law, any agricultural structure repaired or restored pursuant to subparagraph (A) shall not be eligible for disaster relief assistance under any program administered by the Director or any other Federal agency.

"(D) DEFINITIONS.-- For purposes of this paragraph-

"(i) the term ‘agricultural structure’ means any structure used exclusively in connection with the production, harvesting, storage, raising, or drying of agricultural commodities; and

"(ii) the term ‘agricultural commodities’ means agricultural commodities and livestock.