House to take up bill delaying some flood insurance premium hikes through March, 2015

WASHINGTON – House Republican leaders are fast-tracking legislation that would delay some of the flood insurance premium increases resulting from the Biggert-Waters law through March, 2015, according to congressional sources.

 The lead sponsor is Rep. Bill Cassidy, R-Baton Rouge. It appears a vote on the measure will take place before Friday, when the House is scheduled to recess for the Christmas/New Years holidays.

 It’s uncertain whether the Senate will also act before it recesses, which won’t be until next week.

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