U.S. Rep. Steven Palazzo is hopeful his amendment to prevent flood insurance hikes from being implemented during the 2014 fiscal year will be adopted in the Senate after passing the House of Representatives last week.
Palazzo, along with Reps. Bill Cassidy, R-La., and Michael G. Grimm, R-N.Y., authored an amendment as part of the 2014 Homeland Security Appropriations Bill. It delays the scheduled increases to flood insurance rates by blocking sections of the Biggert-Waters Flood Insurance
Reform Act of 2012 from being implemented in the 2014 fiscal year. Palazzo believes the measure has good support in the Senate.
“We’ve got some strong supporters over there,” Palazzo said Monday.