NJ SCR76

Urges Congress and the President to increase subsidies for National Flood Insurance Program (NFIP) premiums, particularly for property owners who have suffered frequent flood losses

Responds to the Biggert-Waters Flood Insurance Reform Act of 2012, which phased out existing flood insurance subsidies and led to premium increases for New Jersey homeowners

Highlights that some New Jersey homeowners could face flood insurance premium increases of 500% or more due to FEMA floodplain zone changes

References Hurricane Sandy's impact on New Jersey communities in October 2012 and notes delayed federal relief response compared to other disasters like Hurricane Katrina and Hurricane Andrew

Directs copies of the resolution to be sent to the President, Vice President, congressional leadership, all New Jersey members of Congress, and the FEMA Administrator