Pressure is on to Repeal Biggert-Waters Act
MUNCY — Pressure is on for lawmakers to reverse a flood insurance law.
People in part of Lycoming County keep putting pressure on the federal government to reverse the law that’s causing flood insurance to skyrocket.
About 100 property owners met near Muncy on Saturday and said something must be done to keep insurance rates down.
Lawmakers in Washington approved the change in 2012 because the national flood insurance program was billions of dollars in the hole.
Even Congressman Tom Marino, a Republican from the Williamsport area, voted for the Biggert-Waters Flood Insurance Reform Act. Now, Congressman Marino has introduced legislation to repeal it.
Jeff Waltman of Muncy said his flood insurance went from nearly $600 per year, to $9,000 per year, and he refuses to pay it.
“A lot of stress, a lot of stress. It’s probably going to be a lot more stressful until a resolution happens here,” said Waltman.