legislation: 102-s-3149

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
102-s-3149 102 s 3149 Local Innovation and Coastal Protection Act of 1992 Environmental Protection 1992-08-06 1992-08-06 Read twice and referred to the Committee on Banking. Senate Sen. Bradley, Bill [D-NJ] NJ D B001225 0 Local Innovation and Coastal Protection Act of 1992 - Amends the National Flood Insurance Act of 1968 to require the Director (Director) of the Federal Emergency Management Agency to make grants ($500,000 maximum with matching fund requirements) from the Coastal Erosion Control Fund (established by this Act) to States and qualifying communities for an erosion mitigation demonstration program. Gives grant priority to projects that: (1) have multiple location applicability; (2) broaden existing erosion control techniques; or (3) rely on natural designs rather than structural alterations. Sets forth reporting requirements. Authorizes appropriations. Establishes in the Treasury the Coastal Erosion Control Fund. Requires the Director to: (1) assess an annual five-dollar flood insurance premium mitigation surcharge to be paid into such Fund, unless the Fund's balance exceeds $15,000,000; (2) evaluate and publish a list of the most effective erosion mitigation measures; and (3) provide flood insurance rate incentives for erosion mitigation efforts. 2025-08-26T15:18:27Z  

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