1Urging the Congress of the United States to reexamine the
2Biggert-Waters Flood Insurance Reform Act of 2012.

3WHEREAS, The Biggert-Waters Flood Insurance Reform Act of
42012 (Public Law 112-141, 42 U.S.C. § 4001 et seq.) was passed
5by Congress on June 29, 2012, and signed into law by President
6Obama on July 6, 2012; and

7WHEREAS, The Biggert-Waters Flood Insurance Reform Act of
82012 imposes dramatic rate increases on a number of properties
9that receive Federal subsidies through the National Flood
10Insurance Program; and

11WHEREAS, The National Flood Insurance Program is administered
12by the Federal Emergency Management Agency (FEMA) and provides
13coverage for Pennsylvanians in federally designated flood risk
14zones; and

15Whereas, For thousands of people residing near Pennsylvania's
1645,000 miles of rivers and streams, flooding is a concern and

1impacts their lives and homes; and

2Whereas, In this Commonwealth, there are over 73,000 flood
3insurance policies in place, with an insurance value of over
4$13.5 billion; and

5Whereas, Under Federal law, flood insurance is required for
6loans sold to Fannie Mae and Freddie Mac and to agencies that
7provide government insurance or guarantees, such as the Small
8Business Administration, Federal Housing Administration and the
9Veteran's Administration; and

10WHEREAS, The Congress of the United States has been making
11bipartisan efforts to delay the premium increases created by the
12Biggert-Waters Flood Insurance Reform Act of 2012; therefore be
13it

14RESOLVED, That the House of Representatives of the
15Commonwealth of Pennsylvania urge the Congress of the United
16States to continue its bipartisan efforts to reexamine and
17develop solutions addressing flood insurance rates for our
18citizens; and be it further

19RESOLVED, That a copy of this resolution be transmitted to
20the President of the United States, the presiding officers of
21each house of Congress and to each member of Congress from
22Pennsylvania.