Political Quotes

“House Resolution 616 provides for consideration of H.R. 2874, the 21st Century Flood Reform Act, and the conference report to accompany H.R. 2810, the National Defense Authorization Act for Fiscal Year 2018. H.R. 2874, the 21st Century Flood Reform Act, reauthorizes the National Flood Insurance Program for 5 years, introduces great private market competition, and provides additional reforms to benefit policyholders and taxpayers. Mr. Speaker, the Office of Management and Budget has said that the National Flood Insurance Program, or NFIP, is not fiscally sustainable in its current form. The 21st Century Flood Reform Act helps transition it to a more sustainable program. Importantly, the bill will help foster a robust product market for flood insurance, which allows private insurers to compete, in turn, driving down the price of policies while creating greater consumer choice. This is a win for policyholders and taxpayers alike. Representing Alabama's Gulf Coast, it is important to me and my constituents that they have access to affordable flood insurance through the National Flood Insurance Program or a private insurer. I appreciate the inclusion of provisions in the 21st Century Flood Reform Act to protect current policyholders while making the program sustainable.…”