Congressman Al Green Applauds Senate for Bipartisan Passage of Flood Insurance Reform Legislation
Congressman Al Green Applauds Senate for Bipartisan Passage of Flood Insurance Reform Legislation
(Washington, DC)—On March 13, 2014, the Senate approved the Homeowner Flood Insurance Affordability Act by a bipartisan vote of 72-22. Congressman Al Green previously voted for passage of the legislation in the House of Representatives. Congressman Al Green's statement is below.
“I applaud my colleagues in the Senate for their bipartisan passage of this flood insurance reform legislation. This legislation provides vital protections from dramatic rate hikes in flood insurance premiums and relief for many homeowners in flood-prone areas. Without the protections included in this legislation, rate increases in flood insurance premiums could have had an adverse effect on a number of first-time home-buyers and impacted our economic growth by preventing many middle class families from selling their homes.”