Sunday, February 13, 2011


Of course we are actually in FY 2011 of which over 4 months has already elapsed. But the CR expires on March 4th so what happens the rest of the year.

Well it looks like these cuts will be mandated:

house 11 proposal

Lots of cuts and interesting NFIP language

"SEC. 1632. Notwithstanding section 1101, in fiscal
year 2011, funds shall not be available from the National
Flood Insurance Fund under section 1310 of the National
Flood Insurance Act of 1968 (42 U.S.C. 4017) for oper-
ating expenses in excess of $110,000,000, and for agents’
commissions and taxes in excess of $963,339,000: Pro-
vided, That notwithstanding section 1101, for activities
under the National Flood Insurance Act of 1968 (42
U.S.C. 4001 et seq.) and the Flood Disaster Protection
Act of 1973 (42 U.S.C. 4001 et seq.), the level shall be
$169,000,000, which shall be derived from offsetting col-
lections assessed and collected under 1308(d) of the Na-
tional Flood Insurance Act of 1968 (42 U.S.C. 4015(d)),
of which not to exceed $22,145,000 shall be available for
salaries and expenses associated with flood mitigation and
flood insurance operations; and not less than
$146,855,000 shall be available for floodplain manage-
ment and flood mapping, which shall remain available
until September 30, 2012."

IF put into effect this numbers will make a difficult remainder of the fiscal year for administration of the NFIP.