Columbia Standard

U.S. Senator Tim Scott, Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, is advocating for federal policies that encourage local, innovative solutions to flood preparedness and mitigation. Senator Scott, who has personal experience with severe floods in South Carolina, highlighted his legislation, the Repeatedly Flooded Communities Preparation Act, at a recent hearing on the reauthorization of the National Flood Insurance Program (NFIP).

During the hearing, Senator Scott emphasized the need for comprehensive reform of the NFIP to ensure that communities, policyholders, and the general public understand their risk of flooding and have the necessary tools to address it. He stressed the importance of considering local perspectives and fostering innovative solutions instead of relying on regulatory red tape.

Senator Scott shared his firsthand experiences with devastating floods in South Carolina, including Hurricane Hugo in 1989 and more recent hurricanes like Matthew and Florence. He mentioned the town of Nichols, which was hit by multiple storms and experienced significant flooding. Senator Scott highlighted the need to help communities suffering from frequent flooding plan for the next storm and lower the risk through his Repeatedly Flooded Communities Preparation Act.

The Senator commended South Carolina for its dedication to flood mitigation efforts, including significant funding for reducing flood damage and the release of a Statewide Risk Reduction Plan. He acknowledged that local solutions may vary from state to state but emphasized that similar, locally based approaches could make a significant difference in communities across the country.

Senator Scott also addressed the financial challenges facing the NFIP, noting that the program is currently financially insolvent with over $20 billion in debt. He criticized the outdated flood maps and lack of transparent data that often obscure the risks faced by communities and homeowners. He emphasized the importance of a well-functioning and financially solvent insurance system to provide cities and towns with the tools they need to be resilient.

Furthermore, Senator Scott highlighted the need for comprehensive reform of the NFIP, particularly in addressing the disproportionate distribution of resources. He noted that 30% of the program's resources are paid out to 1% of properties that repeatedly experience flooding. He called for local communities to create strategies to mitigate risks and prevent further rebuilding in flood-prone areas.

In conclusion, Senator Scott emphasized that Congress must not allow the NFIP to lapse and highlighted the need for better education on the widespread nature of flooding across the country. He stressed that floods can occur anywhere, not just in coastal areas, and that comprehensive reform of the NFIP is essential to ensure the program's effectiveness and financial stability.

Senator Scott's push for local solutions to flood insurance and preparedness reflects his commitment to addressing the needs of communities affected by flooding. His legislation, the Repeatedly Flooded Communities Preparation Act, aims to empower flood-prone areas to reduce the impact of future storms and focus on long-term recovery. With comprehensive reform of the NFIP, Senator Scott believes that local communities can play a vital role in mitigating risks and protecting their residents.