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national flood insurance program

Occurrences over time

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  7. '08
  8. '10
  9. '12
  10. '14

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Occurrences in the Congressional Record

Entry Title Date
John H. Chafee Coastal Barrier Resources System Boundaries Revision December 1, 2014
Doc Hastings, R-WA
"The fundamental goal of this law was to discourage development along fragile and shifting coastal barriers by prohibiting participation within the National Flood Insurance Program and to deny certain Federal development subsidies."
Homeowner Flood Insurance Affordability Act March 26, 2014
Tom Rooney, R-FL
"Mr. Speaker, I was happy to see the President sign H.R. 3370, the Homeowner Flood Insurance Affordability Act. This bill is an important first step in addressing affordability in the national flood insurance program, but we have a long way to go to put solvency back into the system."
Homeowner Flood Insurance Affordability Act Of 2013 March 13, 2014
James Inhofe, R-OK
"Mr. President, I am opposed to H.R. 3370 because it abandons the much-needed reforms to the National Flood Insurance Program, NFIP, that were instituted in the Biggert-Waters Reform Act of 2012. That bill set the NFIP on a course to quickly remove Federal subsidies from the program and make it actuarially sound. If these policies had been fully implemented, it would have allowed the development of a private insurance marketplace for flood insurance, which does not currently exist. H.R. 3370 prevents flood insurance policies from being written at an actuarially sound rate when homes are sold to a new buyer or when a flood insurance policy lapses. New purchasers of homes in areas that require flood insurance should not be subsidized for making that decision. H.R. 3370 puts in doubt the hope that NFIP’s subsidies are eliminated."
Personal Explanation March 10, 2014
Paul Gosar, R-AZ
"H.R. 3370, the Homeowner Flood Insurance Affordability Act, is poorly crafted legislation that will make an already insolvent program worse. The National Flood Insurance Program (NFIP) is currently $24 billion in debt. This legislation will continue the federal governments failed involvement in administering flood insurance. H.R. 3370 undoes important reforms that were just passed in 2012 and were our only hope in making this terrible program sustainable. When it became clear the House did not have the votes to pass this legislation last week, the bill almost tripled in size over the weekend and came back a worse bill than even the Senate version in order to get enough Democrats to support these piece of junk. I strongly oppose this wasteful and inefficient bill."
Morning Business March 10, 2014
Tim Kaine, D-VA
"To use a recent example, we are having to deal with this in these halls. We passed a flood insurance bill to delay sharp premium increases for flood insurance policies that are subsidized by the National Flood Insurance Program."

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