WASHINGTON–The Senate passed legislation today extending and reforming the National Flood Insurance Program, setting up talks with the House on final compromise legislation.
The overwhelming 92-6 vote on the Flood Insurance Reform and Modernization Act of 2008 extends the program until 2013 and pays off the $17.5 billion debt the program ran up in settling claims from Hurricanes Katrina and Rita in 2005.
It would extend a program whose authorization expires Sept. 30.
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