With a growing list of horror stories about the effects of massive increases in flood insurance premiums, the U.S. Senate finally seems poised to vote on postponing the rate hikes. for four years.
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Steve Scalise calls Democratic efforts to force a House vote. national flood insurance rate hikes," according to a statement from the governor’s office. He expressed disappointment that the House.
In an overwhelmingly bipartisan vote of 301-91, today the U.S. House of Representatives passed comprehensive legislation designed to end unaffordable flood insurance rate hikes. Congresswoman Maxine Waters (D-CA), Ranking Member of the House Financial Services Committee, today lauded passage of H.R. 3370, the Homeowner Flood Insurance.
The Senate has easily passed a bill to delay premium hikes for years for hundreds of thousands of homeowners who buy flood insurance from the federal government. Thursday’s sweeping 67-32 vote reflects widespread concern about changes enacted two years ago to shore up the program’s finances.
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WASHINGTON – The Senate Thursday voted 67-32 for legislation that would delay higher flood insurance premiums resulting from a 2012 law for four years. The vote sets up a critical test in the House of.
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Jeb Hensarling of Texas, the House Financial Services Committee chairman, insists there’s no rush, that Congress ought not change a law that just passed. That wasn. blocked a vote on legislation to.
A vote in the U.S. House of Representatives to delay flood insurance rate hikes has been postponed another week. But, a key lawmaker working to pass the delay said he’s confident a bill will.
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Opponents argue that a delay would undermine the National Flood Insurance Program, which serves about 5 million people and is $24 billion in debt. The White House echoed those concerns in a.
WASHINGTON – The Senate passed legislation Thursday to delay flood insurance premiums for four years, a key victory.
"Today’s vote in the House signals strong bipartisan and bicameral support for providing relief to homeowners and businesses from drastic flood insurance premium hikes," Wicker said. "Millions of Americans are facing massive increases in flood insurance rates, which would threaten livelihoods and communities nationwide.
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