Printer Friendly

United States : Waters and McHenry Introduce Flood Insurance Extension; Commit to Working on Long-Term Reauthorization.

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Patrick McHenry (R-NC), Ranking Member of the House Committee on Financial Services, announced that they have introduced legislation (H.R. 2578) to extend the National Flood Insurance Programs (NFIP) authorization to September 30, 2019. The authorization is due to expire on May 31.

We have introduced legislation to extend the NFIPs authorization to September 30, 2019. It is important that Congress does not allow the National Flood Insurance Program to lapse. This extension prevents harm to homeowners and the housing market while also providing time to reach bipartisan consensus on much-needed reforms to the program. We remain committed to a long-term bipartisan flood insurance reauthorization bill and will continue to work together toward that goal.

[c] 2019 Al Bawaba ( Provided by SyndiGate Media Inc. ( ).

COPYRIGHT 2019 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2019 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Date:May 15, 2019
Previous Article:United States : Waters, Garcia and 21 Committee Democrats Condemn Carsons Cruel Proposal to Evict Mixed-Immigration Status Families.
Next Article:United States : Committee Passes Bills to Promote Innovation, Strengthen the Financial System and Protect Consumers, Small Businesses and Investors.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters