Page 14 - September 2017

Hazard Area (SFHA) boundary or zone
• FEMA issued new or modified Base (1% annual- designation, or regulatory floodway on the Flood
chance) Flood Elevations (BFEs), base flood Insurance Rate Maps (FIRMs), and where
depths, Special Flood Hazard Area (SFHA) applicable, in the supporting Flood Insurance
boundaries or zone designations, and/or Study (FIS) reports for communities in the state
regulatory floodways (hereinafter referred to as of Nevada. The FIRM and FIS report are the
flood hazard determinations) as shown on the basis of the floodplain management measures
indicated Letter of Map Revision (LOMR) for that the community is required either to adopt or
communities in the states of Arizona, Florida, to show evidence of having in effect in order to
New Jersey, Tennessee, and Texas. Each qualify or remain qualified for participation in
LOMR revises the Flood Insurance Rate Maps the National Flood Insurance Program (NFIP).
(FIRMs), and in some cases the Flood Insurance Comments are due 11/09/2017. The proposal
Study (FIS) reports, currently in effect for the may be viewed at:
listed communities. The flood hazard https://www.gpo.gov/fdsys/pkg/FR-2017-08-
determinations modified by each LOMR will be 11/pdf/2017-16948.pdf. Federal Register, Vol.
used to calculate flood insurance premium rates 82, No. 154, 08/11/2017, 37596-37597.
for new buildings and their contents. The
effective date for each LOMR is indicated in the OFAC Makes Changes to Lists.
table in the final notice. The notice may be The Office of Foreign Assets Control (OFAC) has
viewed at: https://www.gpo.gov/fdsys/pkg/FR- amended its lists of Specially Designated Global
2017-09-07/pdf/2017-18913.pdf. Federal Terrorists, Specially Designated Nationals and
Register, Vol. 82, No. 172, 09/07/2017, 42355- Blocked Persons, and Specially Designated Narcotics
42356. Trafficker Kingpins. The documents listing these
changes may be viewed at:
FEMA Issues Proposed Flood Hazard www.treas.gov/offices/enforcement/ofac/actions.
Determinations.
SBA Issues Final Rule Amending
• FEMA requests comment on proposed flood Business Loan Programs and Surety
hazard determinations, which may include Bond Guarantee.
additions or modifications of any Base Flood
Elevation (BFE), base flood depth, Special Flood The Small Business Administration (SBA) issued a
Hazard Area (SFHA) boundary or zone final rule to amend regulations to update, streamline,
designation, or regulatory floodway on the Flood and clarify rules for the Business Loan Programs and
Insurance Rate Maps (FIRMs), and where the Surety Bond Guarantee Program. The SBA
applicable, in the supporting Flood Insurance programs that are affected by this final rule are the
Study (FIS) reports for communities in the state 7(a) Loan Program, the Microloan Program, the
of Alaska. The FIRM and FIS report are the Intermediary Lending Pilot Program, the 504 Loan
Program, and the Surety Bond Guarantee Program.
basis of the floodplain management measures The rule is effective 09/20/2017, except for the
that the community is required either to adopt or amendment to 120.1400(a), which is effective
to show evidence of having in effect in order to 10/20/2017. The notice may be viewed at:
qualify or remain qualified for participation in https://www.gpo.gov/fdsys/pkg/FR-2017-08-
the National Flood Insurance Program (NFIP). 21/pdf/2017-17447.pdf. Federal Register, Vol. 82,
Comments are due 11/09/2017. The proposal No. 160, 08/21/2017, 39491-39506.
may be viewed at:
https://www.gpo.gov/fdsys/pkg/FR-2017-08- CFTC Requests Comment on
11/pdf/2017-16952.pdf. Federal Register, Vol. Reparations Complaint, CFTC Form 30.
82, No. 154, 08/11/2017, 37597-37598.
The Commodity Futures Trading Commission
• FEMA requests comment on proposed flood (CFTC) issued a notice to announce it seeks
hazard determinations, which may include comment on the information collection titled
additions or modifications of any Base Flood Reparations Complaint, CFTC Form 30. CFTC is
Elevation (BFE), base flood depth, Special Flood also giving notice that it has sent the collection to

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