David Vitter: “Periodically new flood maps are issued by FEMA. When a new flood map…”

On the recordMay 7, 2008

Periodically new flood maps are issued by FEMA. When a new flood map comes out, some properties that used to not be in a flood zone may now be in a flood zone, or move from a lesser to a more severe part of a flood zone. This amendment would simply say we are going to charge higher premiums, absolutely, but we will transition that over 5 years instead of the 2 years in the bill. The 5 years is the same provision as in the House bill. I think it is a reasonable transition, still getting to that new higher premium.

Said by

David Vitter

Republican · Louisiana

Source

govinfo.gov

Editor's note · Context

Discussing amendments related to flood insurance premiums and FEMA flood maps.

Share on X Share on Facebook Email this quote

More from David Vitter

Sep 19, 2016

The only way that Wall Street will change is if executives face jail time when they preside over massive frauds.

congress.gov

Dec 5, 2016

I thank the Senator from Louisiana for his very kind remarks. More importantly, I want to thank him for years of great partnership, great work on behalf of Louisiana. I know he will make an outstanding senior Senator. Thank you. I yield…

govinfo.gov

Sep 19, 2016

So just as an example, Wells is the biggest participant in the SBA's 7(a) loan program.

congress.gov

Dec 1, 2016

If the majority leader will yield for one moment, I want to thank the majority leader for his very kind words. Serving in the Senate for two terms has been the highest honor of my professional career. I have enjoyed it so much and have…

govinfo.gov

View all David Vitter quotes

Other voices in this conversation

David Vitter: “Periodically new flood maps are issued by FEMA. When a new flood map comes out, some properties that used to not be in a…”

Editor's note · Context