Repetitive Flood Loss Reduction Act of 1999

[AI summary unavailable — showing source text] Repetitive Flood Loss Reduction Act of 1999 - Amends the National Flood Insurance Act of 1968 to require the Director of the Federal Emergency Management Agency to carry out a program to mitigate repetitive flood losses to structures by: (1) purchasing structures; and (2) making grants to States, communities, and local flood management agencies for eligible mitigation activities that meet specified conditions. Includes among eligible mitigation activities: (1) elevation, relocation, demolition, or floodproofing of structures located in areas having special flood hazards or other areas of flood risk; and (2) minor physical mitigation efforts that do not duplicate the flood prevention activities of other Federal agencies, States, communities, or local flood management agencies and that lessen the frequency or severity of flooding and decrease predicted flood damages, excluding major flood control projects unless the Director specifically determines that such projects are the most cost-effective mitigation activities for protecting the National Flood Insurance Fund. Sets forth grant application requirements. Prohibits the Director from providing a grant: (1) in an amount exceeding 75 …