Two Gulf-Coast senators are seeking to remove a Senate flood-insurance legislation provision requiring flood coverage in areas already protected by levees, dams or other flood-control structures.
Sen. Thad Cochran, R-Miss., and Mark Pryor, D-Ark., have announced that they are seeking to have Sec. 107 removed from a bill that was reported out of the Senate Banking Committee Sept. 8. This section would expand required insurance coverage to “areas of residual risk” that are located behind levees, near dams or other flood-control structures.
Cochran says Sec. 107 creates new flood-insurance coverage mandates on families and businesses that are already protected by strong levees and dams. “The blanket approach taken in the current bill should be changed in order to ensure fair treatment for those protected properties,” Cochran says.
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