OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Issue Position: Flood Insurance

Issue Position

Date: Jan. 1, 2020
Issues: Finance and Banking Environment

Gus Bilirakis has tackled the issue of rising flood insurance rates head on, and he has the record to prove it.

Prior to the introduction of H.R. 3370, the Homeowner Flood Insurance Affordability Act of 2013, Congressman Bilirakis introduced the Homeowners Flood Insurance Relief Act, to substantively address the flood insurance rate increase. He heard from my constituents, and was involved in this process from the beginning. Representative Bilirakis was proud to be part of the core group of bipartisan legislators who worked with Majority Leader Cantor to get H.R. 3370 passed in the House of Representatives.

H.R. 3370 includes common-sense reforms that not only continue the intent of the NFIP -- to protect homeowners from devastating floods -- but also ensures the program is able to cover its costs. It is important to stress that the reforms made to the NFIP were not intended to cause the dramatic increases that homeowners are currently experiencing.


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