House Republicans have re-introduced their NFIP rate-hike delay legislation, but while it shares a bill number with legislation they introduced last week, it contains a number of key differences.
The bill was introduced late Friday and its number, H.R. 3370, is the same as the bill introduced by Republicans the prior Friday night.
The legislation prevents FEMA from increasing premiums within a single property class beyond a 15% average a year, with an individual cap of 18% a year.
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