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Friday, April 12, 2013

New Jersey Representative Introduces NFIP Legislation

Republican Representative Frank LoBiondo of New Jersey has introduced HR 1485, which would amend the National Flood Insurance Program (NFIP) to modify the phase-in increases in flood insurance premium rates for certain properties.

Representative LoBiondo has been a vocal leader in Congress on issues dealing with the NFIP, FEMA and the impact of Hurricane Sandy on New Jersey residents. Previously, LoBiondo, along with other New Jersey delegates wrote a letter to FEMA Administrator W. Craig Fugate expressing their concerns that the release of FEMA Advisory Base Flood Elevation Maps have caused "confusion as damaged homes and businesses rebuild post-Hurricane Sandy."

The bill has been referred to the House Financial Services Committee; full text of the bill is not yet available. 

Learn more from Rep. LoBiondo.