U.S. Senators Bill Cassidy, M.D. (R-LA) and Cory Booker (D-NJ) introduced the Flood Insurance Affordability Tax Credit Act to give lowand middle-income households enrolled in the National Flood Insurance Program (NFIP) a 33 percent refundable tax credit to combat skyrocketing flood insurance premiums. The rising insurance premiums caused by FEMA’s new risk assessment program, Risk Rating 2.0,...
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