Flood Insurance Reform and Modernization Act of 2007

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An original bill to amend the National Flood Insurance Act of 1968, to restore the financial solvency of the flood insurance fund, and for other purposes.
Sponsor: Christopher DoddCommittees: Senate Banking, Housing, and Urban Affairs


Contents

Summary

The Flood Insurance Reform and Modernization Act of 2007 (S. 2284) was introduced in the Senate on November 1, 2007, by Sen. Chris Dodd (D-Conn.). The bill sought to restore the financial solvency of the national flood insurance program, to provide coverage for damage from storm winds and waters (or a combination of both) and to update and consolidate flood maps. The Senate eventually incorporated this measure into H.R. 3121, which was sent to conference committee.[1][2]

Senate action

During consideration of the bill, several amendments were considered. One amendment, offered by Sen. Mitch McConnell (R-Ky.), sought to allow oil exploration in the Artic National Wildlife Refuge. The amendment failed to receive the 60 votes necessary to pass.[3]

Senate Record Vote (123)
May 13, 2008
On the Amendment (McConnel Amdt. No. 4720 )
On the Amendment
Percentage of 'Aye' votes: 42% - Amendment Rejected
Required percentage of 'Aye' votes: 3/5 (60%)
42
Ayes
56
Nays
 DemRep Other
Ayes2400
Nays4862
Abst.020

The League of Conservation Voters, which opposed the amendment, included the vote in its 2008 Senate Scorecard, where it gave the following description:

During consideration of S. 2284, the National Flood Insurance Reform and Modernization Act, Senator Mitch McConnell (R-KY) offered an amendment that would have opened the coastal plain of the Arctic National Wildlife Refuge to oil drilling, allowed oil and gas development in offshore coastal waters that have been protected by a federal moratorium since 1981, encouraged the use of high greenhouse gas intensive liquid coal technology, and promoted environmentally destructive oil shale mining on public lands. By unanimous consent, the Senate agreed that 60 votes would be required to pass the McConnell amendment. On May 13, the amendment failed by a vote of 42-56 (Senate roll call vote 123). NO is the pro-environment vote.[4]

Following the House's passage of H.R. 3121, the Flood Insurance Reform and Modernization Act of 2008, the Senate folded S. 2284 into that measure through an amendment.

Senate Record Vote (125)
May 13, 2008
On Passage of the Bill (H.R. 3121 As Amended )
On Passage of the Bill
Percentage of 'Aye' votes: 92% - Bill Passed
Required percentage of 'Aye' votes: 1/2 (50%)
92
Ayes
6
Nays
 DemRep Other
Ayes46442
Nays420
Abst.020

Articles and resources=

See also

References

  1. Flood Insurance Reform and Modernization Act of 2008
  2. Flood Insurance Reform and Modernization Act of 2007
  3. Flood Insurance Reform and Modernization Act of 2007
  4. League of Conservation Voters, National Environmental Scorecard, Second Session 110th Congress

External resources

  1. THOMAS

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