Rep. Rice Introduces Increased Cost of Compliance Modernization Act

WASHINGTON, March 28 -- Rep. Tom Rice, R-S.C., has introduced the Increased Cost of Compliance Modernization Act (H.R. 7221) "to increase coverage under the National Flood Insurance Program for costs of compliance."

The bill was introduced on March 24 and was co-sponsored by Rep. Vicente Gonzalez, D-Texas. It was referred to the House Financial Services Committee.

The full text of the bill is available from https://www.congress.gov/bill/117th-congress/house-bill/7221/text.

For more information, Rep. Tom Rice, 460 Cannon House Office Building, Washington, DC 20515; 202/225-9895; or in district offices at 2411 N. Oak St., Ste. 405, Myrtle Beach, SC 29577; 843/445-6459; 1831 W. Evans St., Ste. 300, Florence, SC 29501.

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