[Congressional Record Volume 153, Number 34 (Wednesday, February 28, 2007)]
[House]
[Page H1980]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE HURRICANE AND TORNADO MITIGATION INVESTMENT ACT
(Mr. BILIRAKIS asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. BILIRAKIS. Mr. Speaker, my State of Florida is going through a
crisis, a crisis that began with the devastating hurricanes that ripped
through my State in recent years, a crisis made worse by the
overwhelming tornados that plagued central Florida earlier this month.
These and other natural disasters have pushed homeowners' insurance
rates to unaffordable levels. As a result, many of my constituents have
been forced to leave the area they call home. It is incumbent upon this
body to pass legislation that would help my State and others affected
by these forces reduce the cost of skyrocketing homeowners' insurance
rates.
I have introduced H.R. 913, the Hurricane and Tornado Mitigation
Investment Act to do just that. My bill would provide tax incentives to
home and business owners to better protect their homes and businesses
from major storms to reduce the loss of innocent lives and destruction
of private property. The end result would be more manageable insurance
rates.
Mr. Speaker, hurricane season begins in a few months, but the
tornados that hit my State are a stark reminder that Mother Nature
doesn't keep a calendar. I encourage my colleagues to support and help
me pass H.R. 913.
____________________