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Flood Insurance Legislation is Important to Florida and Our Economy

February 12, 2014

WASHINGTON — Congressman Mario Diaz-Balart (R-FL) released the following statement after House Majority Leader Eric Cantor announced this evening that he would be bringing flood insurance legislation to the floor for a vote:

"Although flood insurance reform is necessary to secure the fiscal solvency of the National Flood Insurance Program (NFIP), we need a program that is practical and recognizes Florida's unique needs, including our fragile housing market and vulnerable coastal communities. I commend Majority Leader Cantor for acknowledging the importance of flood insurance reform to our state and his commitment to bringing legislation to the floor in the near future. I am committed to a strategy that addresses flood mitigation, affordability solutions, transparency, and lessens the financial impact on families and small business."