HR 2806 · 102th Congress · Emergency Management
Earthquake Hazard Reduction Amendments Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Subcommittee Hearings Held.(1992-08-11)
Plain Language Summary
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Earthquake Hazard Reduction Amendments Act - Amends the Earthquake Hazards Reduction Act of 1977 to mandate identification of earthquake-prone States. Establishes the Earthquake Loss Mitigation Advisory Committee. Requires development of comprehensive earthquake loss-reduction criteria for State and local land use and management ordinances, building codes, and other measures. Requires that a percentage of the annual earthquake insurance premiums collected under the Primary Insurance program enacted by this Act be deposited in the Self-Sustaining Mitigation Fund to support specified hazard reduction activities. Requires the Director to support public education programs. Provides for assistance, to the extent provided for in appropriations Acts, to States which are in compliance with the loss-reduction criteria of this Act to support development and implementation of mitigation plans. Prohibits making, increasing, extending, or renewing any federally-related mortgage loan secured by: (1) residential property in an earthquake-prone State unless the property is covered by earthquake insurance coverage under this Act or equivalent private insurance; or (2) improved real estate or a mobi…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
14 Democrats6 Republicans