A congressional proposal to mandate flood insurance for homes behind levees has been defeated, U.S. Rep. Nick Lampson, said Wednesday night.
“That proposal did not go anywhere in this Congress and it is my understanding that it will not be going anywhere in the next Congress,” the Stafford Democrat said during a candidates forum in Richmond.
The binding flood insurance, proposed by Sen. Chris Dodd, D-Conn., would accept appropriate homes adequate by levees to acquirement flood allowance with prices set by the Federal Emergency Management Agency.
In July, Congress estimated FEMA pays $1 billion in absorption annually on FEMA debt. According to the proposed legislation the bureau had to borrow $20 billion to pay claims afterwards the levees breached in New Orleans.
Lampson, with the city-limits of Sugar Land and Fort Bend County, alleged on House and Senate leaders to absolved areas that had bigger their levees from the mandate.
During a July city-limits board meeting, Mayor James Thompson estimated the binding flood allowance would amount homeowners amid $2,000 and $2,5000 and would accept impacted all nine burden advance districts in Sugar Land and the city's exoteric jurisdiction.
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