Florida Keys News
Thursday, March 6, 2014
H.R. 3370 gets favorable nod from House
Bill gives retroactive relief for homeowners, but not small businesses

The House of Representatives overwhelmingly voted Tuesday night in favor of a bill that would significantly reduce flood insurance rate hikes for some property owners, but not for commercial property and second homes owners.

The House voted 306 to 91 in favor of the Homeowner Flood Insurance Affordability Act, which is designed to counteract rate hikes that went into effect...

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