National Dec 12, 2017

NFIP receives short-term reauthorization until Dec. 22

President Donald J. Trump has signed a two-week stopgap spending bill into law to keep the federal government operating until Dec. 22. This two-week extension keeps the National Flood Insurance Program fully operational until Dec. 22, 2017. This measure is the latest extension for the NFIP, as senators struggled to finalize plans for a long-term reauthorization and overhaul of the program.

If President Trump and the lawmakers can agree on a way forward over the next two weeks, one option would be to include an NFIP reauthorization in yet another short-term spending bill to keep the government open until sometime in January. Then Congress could try to negotiate the remaining details of a trillion-dollar spending plan for the rest of the fiscal year.

With Congress still undecided on the best way forward with a long-term NFIP reauthorization, it remains possible an NFIP extension would be included in a subsequent short-term extension of the federal funding measure. There also is a chance House Republicans will try to attach some flood reforms, such as a provision on private flood coverage, to any short-term extension of the NFIP.

PIA National issued an announcement yesterday and PIA will continue to keep you apprised as more details are announced. If you have any questions, please feel free to contact PIA’s Industry Resource Center at resourcecenter@pia.org.