GAAR.com » Government Affairs » Flood Insurance Extended Through March
Flood Insurance Extended Through March
Posted on Mar 08th, 2010
Late March 2nd, President Obama signed into law H.R. 4691: the Temporary Extension Act of 2010 which has extended the authority for several programs including the National Flood Insurance Program (NFIP). NFIP's expiration date was February 28; H.R. 4691 changed the date to March 28, 2010. Pending before the Senate is an amendment to separate legislation (H.R. 4213) which would extend the program through the end of the year. NAR will continue to push for the longer extension, to avoid compounding the market uncertainty and give Congress sufficient time to enact meaningful long-term reform.
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