Lawmakers: Flood bill should reach Obama without any changes - WLOX.com - The News for South Mississippi

Lawmakers: Flood bill should reach Obama without any changes

Posted: Updated:
BATON ROUGE, LA (WAFB) -

The Federal Flood Insurance program is a big win for the state, according to Louisiana lawmakers.

Senator Mary Landrieu says the goal is to keep the rates down and help residents keep value in their property.

"Victory is keeping rates as low as possible. Keeping people that have never flooded before out of paying [high] rates so they can keep value and equity in their homes for home owners and businesses," said Landrieu.

Senator Bill Cassidy said, "Reinstating the grandfather clause is incredibly important to anyone considering selling their home or buying a home. What this says is if someone built to code, they had not repetitively flooded, and they wanted to sell their home then, the same grandfathered rate they have, the homebuyer would also have."

The bill would also lower the cap on how much flood insurance premiums can rise and will bring relief to nearly half a million families in Louisiana.

The bill now heads to the Senate. Both lawmakers say a lot of planning went into the bill so they're cautiously optimistic it will make it to President Barack Obama's desk without any changes.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Gunshots inside a Gulfport home; one person is dead

    Gunshots inside a Gulfport home; one person is dead

    Wednesday, July 23 2014 12:39 PM EDT2014-07-23 16:39:15 GMT
    Gulfport police and the Harrison County coroner are investigating another murder. The coroner confirms an autopsy was being performed Wednesday on the victim.
    More >>
    Gulfport police and the Harrison County coroner are investigating another murder. According to a Gulfport Police Department news release, gunshots inside a Gulfport home killed a Carson Drive resident. Two suspects reportedly entered that home late Tuesday night and assaulted the victim while he slept. During that struggle, police report a gun went off, and a bullet struck the victim.More >>
  • Coroner: Girl's body was found in abandoned trailer's bathroom

    Coroner: Girl's body was found in abandoned trailer's bathroom

    Friday, July 18 2014 3:26 PM EDT2014-07-18 19:26:33 GMT
    It's been an extremely difficult day for family and friends as well as officers. So many people were crying, upset as the body of 5-year-old Janaya Thompson was removed from an abandoned trailer.More >>
    It's been an extremely difficult day for family and friends as well as officers. So many people were crying, upset as the body of 5-year-old Janaya Thompson was removed from an abandoned trailer. Coroner Gary Hargrove said Janaya's body was found in a bathroom.More >>
  • Two arrested for St. Martin burglary, TV theft

    Two arrested for St. Martin burglary, TV theft

    Wednesday, July 23 2014 11:44 AM EDT2014-07-23 15:44:17 GMT
    Investigators in Jackson County say two men who broke into a St. Martin home and stole a large television were arrested after they sold the TV a short time later.More >>
    Investigators in Jackson County say two men who broke into a St. Martin home and stole a large television were arrested after they sold the TV a short time later.More >>
Powered by WorldNow

208 DeBuys Road
Biloxi, MS 39531
(228) 896-1313

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WLOX. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.