In an effort to deflect consumer outrage from mandated flood insurance rate increases, House members touted a provision in legislation passed June 5. But it apparently won't accomplish what they want it to do.
The amendment, included in legislation funding the Homeland Security Department for 2014, would bar use of federal funds to implement a section of the Biggert-Waters Flood Insurance Reform Act of 2012 requiring phased-in rate increases for grandfathered properties.
The amendment passed 281-146, and the appropriations bill was later approved by the full House and sent to the Senate.
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