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national flood insurance program

Occurrences over time

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  4. '02
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  6. '06
  7. '08
  8. '10
  9. '12
  10. '15

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Occurrences in the Congressional Record

Entry Title Date
Authority For Committees To Meet June 23, 2015
John Cornyn, R-TX
"Mr. President, I ask unanimous consent that the Committee on Banking, Housing, and Urban Affairs be authorized to meet during the session of the Senate on June 23, 2015, at 10 a.m., to conduct a hearing entitled “Oversight Review of the National Flood Insurance Program.”"
Statements On Introduced Bills And Joint Resolutions February 12, 2015
Dianne Feinstein, D-CA
"The homeowner cannot qualify for new insurance discounts; and the property has never been associated with a claim to the National Flood Insurance Program."
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."

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