HYDE-SMITH, COLLEAGUES MOVE TO EXTEND NATIONAL FLOOD INSURANCE PROGRAM
Measure Required as Current NFIP Program Expires September 30
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) on Thursday helped introduce legislation to authorize a one-year extension to the National Flood Insurance Program (NFIP), which is set to expire on Sept. 30, 2022.
The NFIP Extension Act of 2022 (S.4533) would extend the NFIP through Sept. 30, 2023.
“I look forward to a time when Congress will agree on a long-term reauthorization of the NFIP. Until then, I recognize the importance of the NFIP to many Mississippi families and businesses and will act to see that the program does not lapse,” Hyde-Smith said.
U.S. Senator John Kennedy (R-La.) introduced the extension measure, with Senators Bill Cassidy, M.D. (R-La.) and Marco Rubio (R-Fla.) as additional original cosponsors.
More than 5 million American families and businesses, including over 60,000 NFIP policyholders in Mississippi, that depend on NFIP coverage. The program is administered by the Federal Emergency Management Agency.
In November 2021, Hyde-Smith cosponsored a five-year NFIP reauthorization bill that includes reforms to assist policyholders and ensure the long-term success of the program.