Richard Durbin actually said...

I would like to see a 5-year phase-in of flood insurance premiums for individuals purchasing flood insurance for the first time.

Flood insurance provides critical assistance to 5.5 million families and businesses, insurance to help them recover from flood damages.

Include language to achieve the following goals. Ensure FEMA updates flood maps on a watershed basis.

This program is well underway in Illinois and has affected thousands of homeowners and businesses in my State.