WASHINGTON (1/31/14)--Legislation that would delay National Flood Insurance Program (NFIP) fee increases by four years was approved by the U.S. Senate on Thursday.
The bill, S. 1926, passed on a 67-32 vote. It will move on to the U.S. House for consideration.
The NFIP bill would also correct some issues in the 2012 Biggert-Waters Flood Insurance Reform Act, which extends the NFIP until Sept. 30, 2017. The Federal Emergency Management Administration will also need to conduct an NFIP affordability study.
Rep. Frank LoBiondo (R-N.J.) Thursday afternoon called on House Speaker John Boehner (R-Ohio) to immediately put flood insurance legislation on the House calendar for a vote.