Both homeowners and businesses across the country depend on the accuracy of flood maps in making decisions about flood insurance and flooding risks. It’s time to make sure the program is on sounder financial footing, that taxpayers are protected from footing the bill for future losses, and it’s time to shift power from bureaucrats in Washington to states, local communities and policyholders. This legislation would ensure that FEMA would use a property-by-property approach when it comes to pricing for premiums, helping to end the subsidization of wealthier homeowners.