Deborah Koff Ross: “In addition, NFIP policies do not cover homeowners displaced by living expenses. Mr. Speaker, this legislation has an…”

“In addition, NFIP policies do not cover homeowners displaced by living expenses. Mr. Speaker, this legislation has an untold number of supporters. I include in the Record a letter from 15 major insurance, housing, banking, and trade associations in support of the private flood insurance provisions in H.R. 3823. September 26, 2017. Hon. Paul Ryan, Speaker, House of Representatives, Washington, DC. Hon. Nancy Pelosi, Democratic Leader, House of Representatives, Washington, DC. Dear Speaker Ryan and Leader Pelosi: The undersigned trades and organizations strongly support the ``Development of a Private Flood Insurance Market'' title of H.R. 3823, the Disaster Tax Relief and Airport and Airway Extension Act of 2017. This package includes bipartisan, clarifying language, introduced by Representative Dennis A. Ross (FL-15) and Representative Kathy Castor (FL-14), to increase acceptance of private flood insurance products. This will increase flood insurance options for consumers, thereby providing more competition and coverage options to families and businesses. The Ross-Castor language passed the House last year by a vote of 419-0, and it was ordered reported out of the House Financial Services Committee in June by a vote of 58-0.…”