MBA Calls on Congress to Pass Flood Insurance Extension

WASHINGTON, D.C. (March 22, 2024) — MBA President and CEO Bob Broeksmit, CMB, issued the following statement calling on Congress to pass the Further Consolidated Appropriations Act of 2024, which includes an extension of the National Flood Insurance Program through the end of Fiscal Year 2024.

“MBA commends congressional leaders and appropriators for including an extension of the National Flood Insurance Program for the remainder of fiscal year 2024 within the Further Consolidated Appropriations Act of 2024. Importantly, that provision was carefully crafted to be retroactive, avoiding any disruption in flood insurance authorities should the House and Senate not meet tonight’s statutory deadline. We urge both chambers of Congress to pass this bill and send it to the President quickly. We will work with policymakers on both sides of the aisle on a long-term reauthorization of this critical program.”