; and (bb) shall not be subject to any agents’ commissions, company expense allowances, or State or local premium taxes; and (II) in the case of a private flood insurance policy, by a fee— (aa) that shall be— (AA) charged to policyholders; (BB) collected by the insurance company that issued the policy; and (CC) transferred, not later than 180 days after the date on which the fee is collected, to the Administrator, who shall deposit the amount of the fee in the National Flood Insurance Fund established under section 1310; (bb) that shall not be subject to any agents’ commissions, company expense allowances, or State or local premium taxes; and (cc) with respect to which— (AA) the Administrator may require the provision of such information as the Administrator decides is necessary to verify that the fee has been imposed and collected at the proper time and in the proper amount; and (BB) no portion may be retained by the insurance company that collected the fee for the costs of collecting, handling, or remitting the fee except for interest accruing to the company after collection and before remittance; and ; and (2) in paragraph (2), in the matter preceding subparagraph (A), by inserting , including a fee charged to policyholders of private flood insurance in a manner that is consistent with paragraph (1)(B)(iii)(II), after policyholders . (c) Increased cost of compliance coverage under private policies Section 102(b)(7)(C) of the Flood Disaster Protection Act of 1973 ( 42 U.S.C. 4012a(b)(7)(C) ), as amended by section 401 of this Act, is amended— (1) in clause (ii), by striking and at the end; (2) in clause (iii), by striking the period at the end and inserting ; and