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Final Push to Renew NFIP Begins

We are now less than ten days away from the scheduled expiration of the National Flood Insurance Program
May 22, 2012

We are now less than ten days away from the scheduled expiration of the National Flood Insurance Program. While there are still avenues left to pursue, some attempts to avert a lapse in the NFIP have begun to encounter potential roadblocks. Here is a snapshot of the very fluid situation on Capitol Hill as the week begins:

Mile Becker, assistant vice president of federal affairs for PIA National, spoke with Sen. David Vitter (R-La.) and has been communicating with his staff. Vitter is continuing his efforts to move a Senate bill (S. 1940) with a five-year extension forward. Among these efforts, he will try to attach the extension as an amendment to the FDA authorization bill that is on the floor this week. It will include a number of provisions to garner the support of other Senators. However, just this morning (5/22), Sen. Tom Harkin (D-Iowa), who is controlling the FDA bill, answered with a resounding “No!” when asked if he would allow for an NFIP amendment. A forced vote on the amendment may occur.

If there is action on the five-year bill, it might be paired with a 30-day extension, because the five-year bill would have to be reconciled with the one already passed in the House. However, even the 30-day extension bill may attract non-germane amendments, unless an agreement is reached to bring up a “clean” extension. If none of this happens, NFIP would lapse.

PIA National will send additional updates as warranted.

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