§ 36-0109. Sanctions.

Any local government with land use jurisdiction that fails to qualify
for participation in the national flood insurance program, or that has
had its participation terminated by the federal emergency management
agency, faces sanctions under federal law including, in areas of special
flood hazard, ineligibility for flood disaster aid, ineligibility for
federally provided loans or federally guaranteed financing, including
residential and other mortgages granted by any banking institution that
is a member of the federal deposit insurance corporation or other
federal instrumentality. The state of New York will cooperate with the
federal government in the enforcement of these sanctions.