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Congressman McNerney Statement On House Passage Of Flood Insurance Bill

Statement

Date: March 6, 2014
Location: Washington, DC
Issues: Environment Housing and Property

Congressman Jerry McNerney's (CA-09) issued the following statement on the vote by the House of Representatives to approve the Homeowner Flood Insurance Affordability Act.

"I'm pleased to have voted for this bill yesterday, and I'm glad that the House acted in a bipartisan fashion to update our flood policy in a commonsense way."

"The bill contains several provisions that will help families in our region. It ends dramatic rate increases caused by events such as property sales -- and restores grandfathered rates for those who played by the rules and built their properties according to code. Most importantly, this bill provides significant relief in the form of a refund for families that have been hit by unaffordable premium increases."


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