NU Online News Service, July 9, 4:19 p.m. EDT
WASHINGTON–Legislation was introduced in the House today to reauthorize and extend the current National Flood Insurance Program past the current Sept. 30 cutoff to March 31, 2010.
If enacted, the legislation introduced by Rep. Barney Frank, D-Mass., chairman of the Financial Services Committee, and Rep. Maxine Waters, D-Calif., chairman of the panel's Housing Subcommittee, would extend the program for the fourth time.
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