The Effect of Changes in the National Flood Insurance Program on Florida

/ Categories: Research, Insurance
This Economic Commentary recommends that the required analysis be completed to determine the impact of the Biggert-Waters Flood Insurance Reform Act. Removal of the subsidies could affect home values and purchasing patterns, potentially resulting in reduced tax receipts from local property tax collections. To determine if the impact will be substantial, the report recommends the Federal Emergency Management Agency conduct the required affordability study prior to implementation of the Act.

Modern Management & Sensible Savings

This Report, from the TaxWatch Center for Government Efficiency, highlights more than $1 billion in savings for Florida taxpayers, without reducing state-provided services. The six comprehensive recommendations included in the Report address replacement of the state's accounting system; information technology governance, procurement and state asset management; pension reform; criminal justice reform; state health insurance reforms; and revenue maximization.

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