To prohibit the Administrator of the Federal Emergency Management Agency from updating flood maps until the Administrator submits to Congress a community outreach plan, and for other purposes.

This bill would prevent the Federal Emergency Management Agency (FEMA) from updating flood insurance rate maps until the agency submits a formal community outreach plan to Congress. For homeowners, the legislation provides a federal tax credit to help cover flood insurance premiums if their property is newly reclassified into a high-risk flood zone. To qualify for this financial relief, the homeowner must have owned the property or been under a binding contract to purchase it before the new flood maps took effect. Additionally, the bill would provide grants to local communities to fund projects aimed at improving their overall flood safety ratings, which can lead to lower insurance rates for residents.