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2 newscasts match "Homeowner Flood Insurance Affordability Act" (2013 – 2014) · clear search
WCDO News — Friday 3-7-14
2 matching stories
Congressman Chris Gibson announced that the House of Representatives passed the Homeowner Flood Insurance Affordability Act. Congressman Gibson stated that the bill permanently removes the home sale/new policy rate increase trigger for primary residences, Reinstates grandfathered rates by decoupling rate increases from FEMA remapping & Ensures greater solvency of the program by authorizing a $25 annual fee on residential policies and $250 on business/ non-primary residence policies, with the revenue placed in a reserve fund.
The state Assembly passed a package of bills to increase access to childcare and establish paid family (/l%20) leave. The measures include increased funding for childcare by nearly $400 million over the next four years and a one-time investment (/l%20) of $11 million for childcare subsidies. Another bill would require employers to provide a paid family leave insurance policy for employees, which would be partially funded through an initial weekly employee contribution of up to 45 cents. The bill moves to the senate for consideration.
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