1. Short title This Act may be cited as the National Flood Insurance Program Reporting on Impact to Seaboards and Counties Act of 2020 or the NFIP RISC Act of 2020 . 2. Congressional findings The Congress finds that— (1) 30 percent of the population of the United States and 50 percent of the gross domestic product of the United States is located on the Atlantic coast or the Gulf of Mexico coast, areas frequently hit by coastal storms and hurricanes; (2) 90 percent of all natural disasters involve flooding; (3) all 50 States have experienced floods and flash floods between 2015 and 2020; and (4) in some States, enrollment in the National Flood Insurance Program has decreased between 20 and 35 percent since 2011. 3. Report on impacts of changes to flood insurance methodology Not later than 6 months before implementing any chargeable premium rate for flood insurance coverage pursuant to section 1308 of the National Flood Insurance Act of 1968 that is related to a change in flood-risk assessment methodology, the Administrator shall submit a report to Congress regarding such effort. Such report shall include detailed information, by county, regarding the methodology and sources of data used to calculate new rates and an analysis of the expected impacts, by county to the extent applicable, including on— (1) enrollment in the National Flood Insurance Program or in flood insurance coverage provided in the private market; (2) chargeable premium rates for flood insurance coverage under such Program, which shall take into consideration the actuarial risk to such properties and changes to premiums subject to statutory limitations on annual increases; (3) property values, due to fluctuations in premium prices, and communities in high flood-risk zones; (4) the extent to which the number of flood insurance claims on a property will influence the property's rating; (5) the finances of the National Flood Insurance Program