House Expected to Agree to Senate’s 60-Day Extension of Flood Program Tonight

May 30, 2012

The House of Representatives is expected to go along with a 60-day reauthorization of the federal flood insurance program already approved by the Senate.

A vote will come on an amendment to H.R. 5740, the National Flood Insurance Program Extension Act. The amendment will reauthorize the NFIP, which is currently on track to expire May 31, until the end of July.

House Majority Leader Eric Cantor’s office indicated the vote under a suspension of the rules should happen sometime after 6:30 p.m. EST this evening. Two-thirds of House members present need to agree with the Senate for the 60-day extension to pass.

H.R. 5740 is sponsored by Rep. Judith Biggert, R.-Ill., who has spearheaded bipartisan House legislation to reform and renew the program for five years.

The Senate vote on the temporary reauthorization came after an agreement was struck for the full Senate to consider in June a long-stalled, longer-term renewal and reform of the program and after insertion of an amendment ending premium subsidies for vacation homes. The agreement was struck by Majority Leader Harry Reid, D-Nev., Banking Committee Chairman Tim Johnson, D-S.D., Ranking Member Richard Shelby, R-Ala.), Sen. David Vitter, R-La. and Sen. Tom Coburn, R-Okla.

 

 

 

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