Flood insurance rate hike delay passes House

WASHINGTON – Flood insurance. measure to delay some of the changes is likely to pass after votes on a host of amendments, including a plan by Sen. Pat Toomey, R-Pa., to phase in rate increases more.

"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.

WASHINGTON – The Senate passed legislation Thursday to delay flood insurance premiums for four years, a key victory.

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.

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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The legislation the Senate passed today will delay some elements of the 2012 law in order to ensure that flood insurance remains affordable for everyone, especially homeowners who are still.

But the measure to delay steep rate increases is far from certain to pass the House.. delay in flood insurance rate hikes. the Senate that would delay flood insurance rate increases for four.

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Comprehensive Flood Insurance Legislation Passes 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,

“I urge passage of this legislation by the House and Senate without delay. as the bill we passed in the Senate, it’s good the House has approved some curbs on flood insurance. For the sake of.

Senate passes bill to delay flood insurance hikes. The Associated Press. Published 6:57 pm EST, Thursday, January 30, 2014

Flood insurance rate-hike delay passes Senate handily Bill goes to White House for signature after 72-22 vote