As part of our continued effort to provide you with timely and relevant analysis on key legislative and policy issues moving in Congress that impact counties, the National Association of Counties (NACo) has just released a new legislative presentation on Biggert-Waters and the National Flood Insurance Program.
Click here to view this presentation.
The Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12), signed into law in July of 2012, aimed to make FEMA’s National Flood Insurance Program (NFIP) more financially stable, by reflecting true flood risks in communities. However, implementation of BW-12 resulted in some unexpected complications, including rapidly increasing flood insurance premiums in local communities.
The presentation highlights issues including:
- Why the National Flood Insurance Program (NFIP) and Biggert-Waters reforms matter to counties, and the county role in flood insurance
- Why NFIP was established, how it works, and why it faces fiscal issues
- Biggert-Waters reforms to NFIP and the impact on flood insurance rates
- Information on what the U.S. Congress is doing to address Biggert-Waters and the NFIP
Urge Your Senators to Vote “YES” on the
Homeowners Flood Insurance Affordability Act, S. 1846
The U.S. Senate may begin floor consideration as early as this week on a measure that addresses this issue—the Homeowners Flood Insurance Affordability Act of 2013 (S. 1846). The measure would delay implementation of flood insurance premiums for four years until after the Federal Emergency Management Agency (FEMA) completes its affordability study and Congress can act on those recommendations.
- Call your U.S. Senators and ask them to vote “YES” on the Homeowners Flood Insurance Affordability Act of 2013 (S. 1846)
- Click here to see if your Senator has cosponsored S. 1846
- Urge your House Members to cosponsor H.R. 3370, the Homeowner Flood Insurance Affordability Act of 2013 (the House companion bill to S. 1846)
- Click here to see if your House Member has cosponsored H.R. 3370
If you have any
questions or comments, please contact NACo Associate
Legislative Director Julie Ufner at firstname.lastname@example.org or 202.942.4269