To exclude from consideration as income certain payments under the national flood insurance program.

Public Law 109-64 ensures that federal assistance received for flood mitigation—such as grants to elevate, relocate, or flood-proof a home—is not counted as taxable income or assets. This protection prevents homeowners from losing their eligibility for other federal assistance programs, such as Social Security or food stamps, simply because they received help to protect their property from flooding. By excluding these payments from income calculations, the law ensures that citizens can accept disaster mitigation support without risking the loss of their essential social safety net benefits.