Urges Congress and the President of the United States to increase subsidies for federal flood insurance.

ACR 71 is a New Jersey legislative resolution urging Congress and the President to increase federal subsidies for the National Flood Insurance Program (NFIP). It specifically targets homeowners in flood-prone areas - particularly those affected by Hurricane Sandy - who face potential premium hikes of 500% or more due to federal policy changes. The resolution requests legislative action to lower costs for residents who have repeatedly suffered flood damage and experienced delayed federal relief. It does not create new law but formally asks the federal government to adjust NFIP subsidies.