Senator John Kennedy has been pushing for a long-term reauthorization of the National Flood Insurance Program (NFIP), having previously introduced a bill to extend it to 2025. Although the bill failed to gain unanimous consent, Kennedy is working alongside Senator Bill Cassidy on different reauthorization proposals, which may synchronize in the future. Kennedy aims for reforms that would broaden the program's scope to address various natural disasters, all while avoiding reliance on taxpayer subsidies. The current political landscape poses challenges to reform efforts due to narrow congressional majorities.
Kennedy has emphasized a need for longer-term NFIP reauthorization and reforms, aiming to expand coverage to other natural disasters without relying on taxpayer subsidies.
Kennedy and Cassidy are collaborating on different reauthorization bills for NFIP, aiming to extend the existing program until September 2025 while also proposing reforms.
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