As part of the short-term deal to fund the government until mid-January, Congress has extended authorization for the National Flood Insurance Program until Jan. 19, 2018. ABA will continue to work with Congress to advance a long-term NFIP reauthorization to be included with an expected omnibus budget bill in January or passed as standalone legislation. As part of a long term reauthorization, ABA will continue to advocate for important program reforms to increase the availability and affordability of coverage for all at-risk properties. For more information, contact ABA’s Joe Pigg.
ABA DataBank: Average tax refunds are higher in 2026
The average tax refund on March 20 was $3,571, up 10.9% from last year. The total amount that has been refunded so far is about $202.6 billion, 12.9% above last year's corresponding total.
