Low-Income Families Flood Insurance Access Act
Last action on Feb 17, 2006Sponsor introductory remarks on measure. (CR E185-186)
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Summary
Low-Income Families Flood Insurance Access Act - Amends the National Flood Insurance Act to provide for a 50 percent discount in the chargeable premium flood insurance rates, for a limited period, for specified low-cost properties (principal residences valued at not more than $75,000) that are located within any area not previously designated as an area having special flood hazards that becomes designated as such an area.
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