(H.R. 9852) Flood Insurance Amendments: The vote is on the Eagleton amendment to permit banks to finance new construction in floodplain communities that refuse to develop land use controls to prevent flood damage. The amendment would also allow an individual to receive federal flood insurance money even though his community refused to participate in the Flood Insurance Program. This program required communities to map their floodplains, zone against new development in the most flood-prone areas, and adopt other safety measures. Conservationists opposed the Eagleton amendment because it would encourage floodplain development that paves over the richest farmland, increases flood damage, and spurs the government to build more destructive dams and flood control projects. January 23, 1976. Rejected 29-46. The correct vote is no.