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Form Kentucky Taxes

Form Kentucky Taxes

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Instructions and help about 10a100 kentucky

[Applause] okay the committee will come to order the chairs authorize to declare recess at any time the chair now recognizes himself for five minutes I'm sorry three minutes for an opening statement today we have fought in households who part of the National Flood Insurance Program clearly these people need some level of security continuity predictability for their homes this is their homes they also deserve some fairness with respect to rates in the face of mapping issues numerous cross subsidies because unfortunately today many moderate and low income individuals actually subsidize others but there's another group that deserves fairness as well and that is the hundred and ten million households who are not part of the National Flood Insurance Program who subsidize the program ninety six percent of Americans are currently subsidizing four percent we know this is a program that is d five billion dollars under water and runs an actuarial annual deficit of 1.4 billion it

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