On June 29, 2012, the Senate and House passed the Flood Insurance Reform Act as a part of H.R. 4348, the Surface Transportation Conference Report. The President will sign the measure within a few days. This is the culmination of a successful multi-year REALTOR campaign and a final push at NAR’s Midyear Legislative Meetings & Trade Expo in May 2012.
This was just one of the issues REALTORS were lobbying for during the Midyear Conference in May.