RIMS sets legislative priorities for 2025
National Flood Insurance Program (NFIP): RIMS is advocating for the reauthorization of the NFIP, which is essential in offering flood insurance and encouraging private insurers to participate in the flood insurance market.
Nonprofit tax reform: As new tax reforms are being considered under the Trump administration, RIMS is working with ASAE’s Community Impact Coalition to protect nonprofit organizations from taxes that would adversely affect their societal impact.
Invest in Tomorrow’s Workforce Act: RIMS continues its support for the bipartisan Freedom to Invest in Tomorrow’s Workforce Act, which aims to expand the scope of 529 savings plans to include professional training and certifications, offering tax advantages for individuals pursuing diverse career paths.
RIMS will further discuss these priorities at the RIMS Legislative Summit 2025, set for March 19-20 in Washington, D.C., featuring educational sessions and opportunities for attendees to engage directly with lawmakers.