Reps. Curbelo & Murphy Introduce Flood Insurance Fairness Act of 2015
“Often times, these rental properties not only serve as primary income for the landlords, but also provide reasonably priced housing for the workforce in our coastal communities. This bill is critical to South Florida, especially Monroe County and the residents living in the Florida Keys. It’s important that we protect the real estate market and small businesses of hard-working Americans everywhere.
H.R. 2918 will ensure that all Americans have access to affordable flood insurance, by guaranteeing that all non-primary residences and business properties received the same rates provided to primary homes under HFIAA. I am grateful to have the support of my colleague Rep. Murphy and look forward to finding a lasting solution to our flood insurance challenges,” said Rep. Curbelo
“Last year, by working with members of both parties, we made significant, positive changes to the National Flood Insurance Program to ensure Floridians' rates did not skyrocket,” said Rep. Murphy. “Today, as we continue to improve upon that legislation, it’s more important than ever for us to ensure access to affordable flood insurance. This is an important piece of legislation that will have a dramatic impact on businesses and middle-class families across Florida,” said Rep. Murphy.
Reps. Curbelo and Murphy introduced H.R. 2918 on June 25, 2015.