WASHINGTON, D.C. – Legislation by U.S. Sens. John Kennedy (R-La.) and Bill Cassidy, M.D. (R-La.) to reauthorize the National Flood Insurance Program (NFIP) for five months secured final passage Friday night. The program will be reauthorized until May 31, 2019.
“More than five million Americans rely on this program to protect their homes, families and businesses. In Louisiana, where nearly every parish sustained flooding in 2016, this program is vital,” said Sen. Kennedy. “This extension gives us some breathing room to work on long-term reforms that will make the program sustainable and affordable.”
“We secured this extension to prevent the National Flood Insurance Program from lapsing and set the stage to secure long-term reforms,” said Dr. Cassidy. “We must create a more accountable, affordable and sustainable system that is good for Louisiana and good for taxpayers.”