118 STAT. 722 PUBLIC LAW 108–264—JUNE 30, 2004 (2) by redesignating subsections (c) and (d) as subsections (d) and (e), respectively; and (3) by inserting after subsection (b) the following: ‘‘(c) ADMINISTRATIVE EXPENSES.—The Director may use not more than 5 percent of amounts made available under subsection (b) to cover salaries, expenses, and other administrative costs incurred by the Director to make grants and provide assistance under sections 1366 and 1323.’’. (e) REDUCED COMMUNITY MATCH.—Section 1366(g) of the National Flood Insurance Act of 1968 (42 U.S.C. 4104c(g)), is amended— (2) by redesignating paragraph (2) as paragraph (3); and (3) by inserting after paragraph (1) the following: ‘‘(2) REDUCED COMMUNITY MATCH.—With respect to any 1 year period in which assistance is made available under this section, the Director may adjust the contribution required under paragraph (1) by any State, and for the communities located in that State, to not less than 10 percent of the cost of the activities for each severe repetitive loss property for which grant amounts are provided if, for such year— ‘‘(A) the State has an approved State mitigation plan meeting the requirements for hazard mitigation planning under section 322 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5165) that speci fies how the State intends to reduce the number of severe repetitive loss properties; and ‘‘(B) the Director determines, after consultation with the State, that the State has taken actions to reduce the number of such properties.’’. (f) NATIONAL FLOOD MITIGATION FUND.—Section 1366(b)(2) of the National Flood Insurance Act of 1968 (42 U.S.C. 4104c(b)(2)), is amended by striking ‘‘$1,500,000’’ and inserting ‘‘7.5 percent of the available funds under this section’’. SEC. 104. FEMA AUTHORITY TO FUND MITIGATION ACTIVITIES FOR INDIVIDUAL REPETITIVE CLAIMS PROPERTIES. (a) IN GENERAL.—Chapter I of the National Flood Insurance Act of 1968 (42 U.S.C. 4011 et seq.) is amended by adding at the end the following: ‘‘SEC. 1323. GRANTS FOR REPETITIVE INSURANCE CLAIMS PROP ERTIES. ‘‘(a) IN GENERAL.—The Director may provide funding for mitiga tion actions that reduce flood damages to individual properties for which 1 or more claim payments for losses have been made under flood insurance coverage under this title, but only if the Director determines that— ‘‘(1) such activities are in the best interest of the National Flood Insurance Fund; and ‘‘(2) such activities cannot be funded under the program under section 1366 because— ‘‘(A) the requirements of section 1366(g) are not being met by the State or community in which the property is located; or ‘‘(B) the State or community does not have the capacity to manage such activities. ‘‘(b) PRIORITY FOR WORST CASE PROPERTIES.—In determining the properties for which funding is to be provided under this section, 42 USC 4030.
�
