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Public Statements

Flood Insurance Reform Act of 2011

By:
Date:
Location: Washington, DC

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Mr. Chairman, I would like to first thank the chair of the subcommittee, the gentlelady from Illinois (Mrs. Biggert), and also the ranking member, Maxine Waters, as well as Chairman Bachus and Ranking Member Frank of the full committee, and also my friend Mr. Schock and Mr. Shimkus from Illinois. We all worked on this amendment together. It's a good amendment.

As I think Mr. Schock just explained, the Bachus amendment gives the administrator the authority to allow for a possible fourth and fifth suspension of the mandatory purchase for certain communities that are making adequate progress in construction of the flood protection system.

It's a commonsense amendment. It's a bipartisan agreement. I urge its adoption, and I not only support the amendment but the underlying bill as well.

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