NU Online News Service, July 21, 2:01 p.m. EDT
An intense effort is underway to have the Senate Banking Committee drop a provision in flood-insurance legislation that would require homeowners and businesses to purchase federal flood insurance even if their properties are protected by levees.
A letter from the 13 senators of both parties contends that a mandatory purchase requirement for those protected by healthy flood-control infrastructure inequitably targets only particular types of flood risk.
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