NFIP Reauthorized Until September 30, 2019
Congress has approved legislation to extend the National Flood Insurance Program (NFIP) for the 12th time since September 2017. The extension comes as part of an aid package that includes $19.1 billion in emergency funding for disaster recovery in the United States.
The bill was voted on by the U.S. House of Representatives on Monday, June 3, 2019, after being approved by the Senate in May. It does not include any reforms to the program but extends the NFIP until September 30, 2019.
Last week, the NFIP was extended for two weeks on the eve of its expiration, a move that ensured the program would not be impacted while Congress was in recess. Now that Congress has resumed, the disaster aid bill has been passed. Once signed by President Donald Trump, funds will be sent to help communities hit by hurricanes, flooding, wildfires, drought, and other disasters. Additionally, funding has been allocated for Puerto Rico, which is still recovering after it was hit by hurricanes in 2017.