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Rep. Grimm Applauds Passage of Part One of Sandy Aid Package
WASHINGTON, DC – Today, Rep. Michael G. Grimm (R,C-Staten Island/Brooklyn) applauded House passage of H.R. 41, a bill to provide $9.7 billion to replenish the National Flood Insurance Program (NFIP) by temporarily increasing the borrowing authority of FEMA in order to carry out the program. This week, the program will reach its borrowing cap of $21 billion ($20.725 billion), and this extension will allow flood insurance funds to continue to be dispersed to those devastated by the storm.
“Today’s vote was a down payment on a much larger aid bill,” said Grimm. “The NFIP is at its limit, and without this additional borrowing authority, Superstorm Sandy survivors awaiting payments on their flood insurance claims would be forced to go without. This bill will replenish the NFIP with $9.7 billion, so that funding can be disbursed to some of the hardest hit areas – allowing rebuilding to continue without delay. I thank my colleagues voting in favor of this important flood insurance bill and hope to see the same level of support on January 15th to pass the remainder of the $60 billion in emergency aid bill.”
This is the first piece of the $60 billion Superstorm Sandy Supplemental Appropriations Bill to be passed by the House. The Speaker has made a commitment that the remainder of the bill will come up for a vote on January 15th, the first day of legislative business in the 113th Congress.
Rep. Grimm is an original cosponsor of H.R. 41, which passed with a vote of 354-67. It was introduced by Rep. Scott Garrett (R-NJ). Rep. Garrett and his wife visited Staten Island in the aftermath of the storm and helped volunteer with clean-up and relief.