THE PEOPLES POST
I am able to report to you that on March 3, 2014 the U.S. House of Representatives passed a bill by a vote of 306 to 91 that would reform the Biggert-Waters Act of 2012. I am sure you will remember that over the last year, I have along with my fellow Parish presidents and Mayors from throughout the area, have been diligently working to ensure the Biggert-Waters Act either be eliminated, or at the very minimum modified.
The House of Representatives passed a reform bill that would "cap" premium increases, return the grandfather clause to the National Flood Insurance Program (NFIP), and require FEMA to take into account all non-structural flood mitigation features when designing the new flood maps. These features, and others listed in the new legislation will ensure that St. Bernard Parish continues its steady growth for many more years.
While this is excellent news, there is still more work to be done. The House bill which passed is far more reaching and beneficial than the Senate version that passed several weeks ago. Now the House of Representatives and the U.S. Senate committee will work on compromise legislation that will result in one bill which is acceptable to all concerned.
I will continue in my efforts to push for legislation that will benefit both our homeowners and businesses alike. I now feel very confident that we will be successful in passage of a fair and equitable flood insurance law. My thanks to our Congressional delegation for all their hard work and the time they took from their busy schedules to meet with me in this regard.