The Louisiana House Resolution calls on the United States Congress to take necessary actions to pass three specific legislative measures aimed at addressing the financial burden of flood insurance on residents, particularly in coastal parishes of Louisiana. These measures include the Flood Insurance Affordability Act, which seeks to cap annual flood insurance premium increases at nine percent, the Risk Rating 2.0 Transparency Act, which mandates FEMA to disclose data and methods used for premium rates, and the Flood Insurance Affordability Tax Credit Act, which proposes a refundable tax credit for low- and middle-income households enrolled in the National Flood Insurance Program (NFIP). The resolution expresses significant concerns regarding FEMA's Risk Rating 2.0 methodology, which has reportedly led to substantial premium increases for many families, undermining their financial stability and the effectiveness of flood mitigation efforts.

The resolution highlights the ongoing insurance crisis in Louisiana, exacerbated by recent hurricanes that have resulted in a high volume of residential property claims. It emphasizes the need for reform in the NFIP to ensure that flood insurance remains affordable and sustainable for all Americans, particularly those in flood-prone areas. The Louisiana Legislature aims to advocate for fair and equitable flood insurance access, urging Congress to act on these proposed measures to alleviate the financial strain on affected homeowners. A copy of the resolution will be sent to relevant congressional leaders and the Louisiana congressional delegation to further support this initiative.