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Public Statements

National Flood Insurance Program Extension Act

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. HINOJOSA. Thank you, Congressman Scott.

Mr. Speaker, I rise today in strong support of the National Flood Insurance Program, and I urge support on both sides of the aisle for the 30-day extension today, H.R. 5740.

I would like to thank my friend, Congresswoman Maxine Waters from California, and my esteemed colleague, Congresswoman Judy Biggert of Illinois, for their work on this bill and on H.R. 1309, which I proudly cosponsored. Ideally, we should be increasing certainty for homeowners by reauthorizing the program for 5 years, as effected by H.R. 1309, which passed the House last July with over 400 votes. Now it waits for Senate action. I respectfully urge our counterparts in the Senate to pass a longer-term authorization.

Since 2008, the National Flood Insurance Program has operated on several short-term extensions, which only increase uncertainty in the housing market. As hurricane season approaches, Congress needs to act with all diligence to provide stability for the housing market and to give peace of mind to homeowners.

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