To allow for a reasonable 5-year phase-in period for adjusted premiums.
Sen. David Vitter (R-LA)Legislative Activity
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Senate amendment submitted
May 7, 2008
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Senate amendment submitted
May 7, 2008
Senate amendment proposed (on the floor): Amendment SA 4723 proposed by Senator Vitter to Amendment SA 4707.(consideration: CR S3855-3856, S3879; text: CR S3855)
May 7, 2008
Senate amendment not agreed to: Amendment SA 4723 not agreed to in Senate by Yea-Nay Vote. 23 - 69. Record Vote Number: 119.
May 7, 2008
Roll call votes on amendments in Senate: Amendment SA 4723 not agreed to in Senate by Yea-Nay Vote. 23 - 69. Record Vote Number: 119.
May 7, 2008
Amendment SA 4723 proposed by Senator Vitter to Amendment SA 4707. (consideration: CR S3855-3856, S3879; text: CR S3855) To allow for a reasonable 5-year phase-in period for adjusted premiums.
May 7, 2008
Amendment SA 4723 not agreed to in Senate by Yea-Nay Vote. 23 - 69. Record Vote Number: 119.
May 7, 2008
Votes
1 roll call on this amendment
Text
Submitted
SA 4723. Mr. VITTER (for himself and Ms. Landrieu) proposed an amendment to amendment SA 4707 proposed by Mr. Dodd (for himself and Mr. Shelby) to the bill S. 2284, to amend the National Flood Insurance Act of 1968, to restore the financial solvency of the flood insurance fund, and for other purposes, as follows: On page 11, line 6, strike ``Any increase'' and all that follows through the second period on page 11, line 11, and insert the following: ``Any increase in the risk premium rate charged for flood insurance on any property that is covered by a flood insurance policy on the date of completion of the updating or remapping described in paragraph (1) that is a result of such updating or remapping shall be phased in over a 5-year period at the rate of 20 percent per year.''. ______