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Public Statements

Flood Insurance Reform Priorities Act of 2010

Floor Speech

By:
Date:
Location: Washington, DC

BREAK IN TRANSCRIPT.

Mr. HARE. Mr. Chair, I rise today in strong support of H.R. 5114, The Flood Insurance Reform Priorities Act of 2010. This legislation would give families in my district and across the Nation the peace of mind that comes with knowing they'll be protected from the financial insecurity caused by flooding.

I'd like to thank Chairwoman WATERS for her leadership on this issue and for working with me to include language in the managers amendment that would require FEMA to update its flood maps for an area that has had its levee system improved to eliminate the risk of flooding.

My language also clarifies that updated flood maps that are issued will result in the elimination of the mandatory purchase requirement for the improved areas.

My district in Illinois lies on the banks of the Mississippi River and contains large parts of the Illinois and Rock Rivers--a district obviously that is impacted greatly by policies dealing with the National Flood Insurance Program.

It is why I strongly support the underlying bill and urge my colleagues to do the same--this legislation reauthorizes the National Flood Insurance Program for five years and puts an end to Congress passing short-term flood insurance extensions that leave the program in a state of uncertainty.

There are several other provisions of this bill that are common sense and long overdue which I would like to briefly highlight. The bill: Phases in Premium Increases; creates a flood insurance premium payment installation plan for low-income families; and establishes the Office of Flood Insurance Advocate within FEMA, which would help communities and homeowners interpret, implement and appeal flood insurance rate maps.

These are just a few of the provisions of this bill that I thank the chairwoman for including, and I again urge my colleagues to support both the manager's amendment and the underlying bill.

Passage of this important legislation will benefit all Americans who live in flood-prone areas of our Nation.

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