§4027. Biennial report to President

(a) In general

The Director shall biennially submit a report of operations under this chapter to the President for submission to the Congress.

(b) Effects of flood insurance program

The Director shall include, as part of the biennial report submitted under subsection (a) of this section, a chapter reporting on the effects on the flood insurance program observed through implementation of requirements under the Riegle Community Development and Regulatory Improvement Act of 1994.

( Pub. L. 90–448, title XIII, §1320, Aug. 1, 1968, 82 Stat. 581 ; Pub. L. 96–470, title II, §205(b), Oct. 19, 1980, 94 Stat. 2244 ; Pub. L. 98–181, title IV, §451(d)(1), Nov. 30, 1983, 97 Stat. 1229 ; Pub. L. 103–325, title V, §581, Sept. 23, 1994, 108 Stat. 2286 .)

References in Text

The Riegle Community Development and Regulatory Improvement Act of 1994, referred to in subsec. (b), is Pub. L. 103–325, Sept. 23, 1994, 108 Stat. 2160 . For complete classification of this Act to the Code, see Short Title note set out under section 4701 of Title 12, Banks and Banking, and Tables.

Amendments

1994-Pub. L. 103–325 designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).

1983-Pub. L. 98–181 substituted "Director" for "Secretary".

1980-Pub. L. 96–470 substituted "biennially submit" for "include" and struck out "in the annual report" after "under this chapter" and "required by section 3536 of this title" after "the Congress".