Filed Under:Agent Broker, Commercial Business

Rep. Schock: Senate Needs to ‘Get Off Its Duff’ & Pass NFIP Extension

U.S. Rep. Aaron Schock in a Jan. 10, 2011 file photo (AP Photo/Seth Perlman, File)
U.S. Rep. Aaron Schock in a Jan. 10, 2011 file photo (AP Photo/Seth Perlman, File)

NU Online News Service, April 26, 11:50 a.m. EST

WASHINGTON—A Republican member of the House Ways and Means Committee implored the Senate to act on passage of a five-year National Flood Insurance Program extension that includes reforms to the program.

Touching on the issue of tax reform, Schock says there is a bi-partisan effort to reduce the corporate-tax rate and eliminate all deductions. Republicans propose a rate of 25 percent and Democrats are looking at 28 percent.

He says his committee “is pretty close to getting something done” on corporate-tax reform.

Featured Video

Most Recent Videos

Video Library ››

Top Story

20 of the wealthiest places in America

If you want to build your roster of high-net-worth clients, these are the cities you should be targeting.

Top Story

What grade does your state get for its insurance regulations?

Eight states received an “A” grade, and one state received an “F.” Insurance is regulated almost entirely by the state level, and here's a report card on how the states are doing.

More Resources

Comments

eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.