On October 25, the U.S. House of Representatives elected Rep. Mike Johnson (R-LA) to be the Speaker of the House. Speaker Johnson’s ascension came after more than three weeks of being without a Speaker, a period triggered by former Speaker Kevin McCarthy (R-CA)’s historic removal from his post earlier this month. Speaker Johnson was elected …
Author: Jon Gentile, Chief Advocacy Officer
Senate Passes Spending Bill with NFIP Extension
The U.S. Senate tonight passed a continuing resolution (CR) to fund the federal government to November 17 by a vote of 88-9. The CR includes an extension of the National Flood Insurance Program (NFIP) to the same date. The House passed the bill earlier in the day, so the bill now goes to the president …
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House Passes Continuing Resolution to November 17 with NFIP Extension
The U.S. House of Representatives today passed a continuing resolution (CR) 335-91 to fund the federal government to November 17. Importantly, the CR includes an extension of the National Flood Insurance Program (NFIP) to the same date. Without an extension by Congress the NFIP will lapse after midnight tonight. The Senate must now pass the …
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PIA-Supported Cannabis Safe Harbor Bill Passes Senate Banking Committee
On September 27, the Senate Banking, Housing and Urban Affairs Committee passed the latest version of the Secure and Fair Enforcement Regulation (SAFER) Banking Act, the cannabis safe harbor bill (S. 2860), by a vote of 14 to 9. PIA has long supported the SAFE Banking Act, its predecessor, which was recently revised and reintroduced …
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NFIP Lapse and Federal Government Shutdown Possible at Week’s End
Congress has until midnight this coming Saturday, September 30, to fund the federal government, or it will shut down when the new federal fiscal year begins on October 1. While Congress is supposed to pass 12 individual spending bills to fund all federal government departments and agencies, its appropriations process has not followed regular order …
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Bill to Remove FIO’s Subpoena Power Introduced
On September 18 Rep. Scott Fitzgerald (R-WI) introduced H.R. 5535, the Insurance Data Protection Act with PIA’s strong support. This legislation will meaningfully reform the Federal Insurance Office (FIO), an unnecessary federal bureaucracy created by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. PIA's support for the bill was noted in the congressman's …
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PIA Urges NFIP Extension in Letter to Congressional Leaders
On August 29, PIA sent a letter to congressional leaders asking that they reauthorize the National Flood Insurance Program (NFIP) beyond its current September 30 expiration date and for as long a period as possible. The history of NFIP extensions has been messy. The program was extended 17 times between 2008 and 2012, when the …
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Congress Again Calls on RMA to Reinstate Crop Insurance Inflation Adjustment
The House Appropriations Committee held a markup on June 14 during which the Committee considered and passed its fiscal year 2024 (FY 24) Agriculture, Rural Development, Food and Drug Administration and Related Agencies appropriations bill. Included in the bill’s Agriculture title is report language reiterating Congress’s stance, first articulated in its 2022 year-end omnibus appropriations …
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PIA-Backed Main Street Tax Certainty Act Reintroduced in Senate
On May 18, Senator Steve Daines (R-MT) reintroduced the “Main Street Tax Certainty Act of 2023,” a bill that would make permanent the current 20 percent tax deduction available to some passthrough entities. PIA strongly supports this legislation and joined a coalition of business groups in a letter of support for the bill. PIA's support for the bill was noted …
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PIA-Supported FIO Repeal Bill Introduced in Senate
On May 18, Senator Ted Cruz (R-TX) reintroduced S. 1694, a bill to abolish the Federal Insurance Office (FIO) of the Department of the Treasury. The bill will protect the successful state insurance regulatory system by repealing the FIO, an unnecessary federal bureaucracy created by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act …
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