REALITY: A number of states have implemented a variety of proactive programs to address their unique natural catastrophe exposures and assist their citizens. In Congress, proactive bills are pending that direct federal assistance to consumers in the coastal regions.

• Federal Assistance Focused on Consumers versus Insurance Companies

In January 2009, Rep. Gus Bilirakis (R-FL) introduced the Hurricane and Tornado Mitigation Investment Act, H.R. 308, which amends the IRS code to provide a credit against tax for hurricane and tornado mitigation expenditures.