Jon Runyan: “My amendment is actually very similar to what Representative Cassidy had on the floor about an hour ago. My amendment…”

“My amendment is actually very similar to what Representative Cassidy had on the floor about an hour ago. My amendment would delay the increase in National Flood Insurance Program premiums in New Jersey and New York until the end of FY 2014. It does so through prohibiting funding for the implementation of section 207 of the Biggert-Waters Flood Insurance Reform Act with regards to the States of New York and New Jersey. New Jersey and New York suffered unprecedented damages during Hurricane Sandy. Many of these coastal residents in New Jersey and New York are still struggling to rebuild and now are staring down huge increases in flood insurance premiums due to the provisions of the Biggert-Waters Act. The people of New Jersey and New York have suffered enough and cannot afford to pay skyrocketing premiums in the middle of the rebuilding process. The least we can do is give them a reprieve, a little peace of mind, until the end of the 2014 fiscal year. I would like to thank Mr. King and Mr. LoBiondo for working with me on this amendment, and I urge my colleagues to support the amendment. I yield back the balance of my time.”