Sen. John Kennedy (R-La.) Introduces Emergency Six-Month National Flood Insurance Program Reauthorization
Jul 17 2018
WASHINGTON, D.C. – With the National Flood Insurance Program (NFIP) set to expire in less than two weeks, U.S. Sen. John Kennedy (R-La.) introduced an emergency six-month reauthorization in the U.S. Senate this week.
Earlier this summer, the U.S. Senate passed a Farm Bill that contains Sen. Kennedy’s amendment to prevent the NFIP from expiring on July 31. However, the House and Senate must work out differences on a final version of the Farm Bill, putting the NFIP in real danger of expiring in the middle of hurricane season. Sen. Kennedy’s emergency reauthorization eliminates that concern.
“I’m going to be blunt. Allowing the National Flood Insurance Program to expire in the middle of hurricane season would create absolute chaos for Louisiana families. A lapse would paralyze the real estate market, prevent homeowners from renewing their policies and break promises to hard-working families who faithfully pay their premiums every year,” said Sen. Kennedy. “My reauthorization is a short-term solution that will give us time to work on reforms. This is so important that I included the reauthorization in the Farm Bill and filed a standalone bill to get this done before July 31 arrives. We need to step on the gas.”