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22 <br />I made not later than 5 years after the date of the trans - <br />2 action, and the basis for the previous determination has <br />3 been set forth on a determination form.". <br />4 SEC. los. EXAmiNATIONB REGARDING CoMpLIANCE BY <br />5 REGULATED LENDING INSTITUTIONS. <br />6 (a) AmENDMENT TO FEDERAL DEPOSIT INSURANCE <br />7 ACT.—Section 10 of the Federal Deposit Insurance Act <br />8 (12 U.S.C. 1820) is amended by adding at the end the <br />9 following new subsection: <br />10 "(h) FLOOD HAZARD INSURANCE COMPLIANCE BY <br />11 INSURED DEPOSITORY INSTITUTIONS REQUIRED. - <br />12 "(1) EXAMINATIONS. The appropriate Federal <br />13 banking agency shall, during each scheduled on-site <br />14 examination required by this section, determine <br />15 whether the insured depository institution is comply.. <br />16 ing with the requirements of the National Flood In - <br />17 surance Program. <br />18 "(2) REPoRT.—Not later than 1 year after the <br />19 date of enactment of the National Flood Insurance <br />20 Reform Act of 1993, and biannually thereafter for <br />21 the next 4 years, each appropriate Federal banking <br />22 agency shall submit a report to"Congress on compli- <br />23 ante by insured depository institutions with the re - <br />24 quirements of the National Flood Insurance Pro. <br />25 gram. The report shall include a description of the <br />.s 140 IS '% <br />