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AL HJR425
Joint Resolution
Status
3/2/2010
Primary Sponsor
Joseph Mitchell
Click for details
AI Summary
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Urges Congress to immediately approve H.R. 1264, the Multiple Peril Insurance Act of 2009
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H.R. 1264 would amend the National Flood Insurance Program to allow homeowners to purchase wind and flood insurance in a single policy
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Premiums would be risk-based and actuarially sound, with the Congressional Budget Office scoring the bill as budget neutral
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Would encourage insurance companies to return to coastal America by addressing the withdrawal of insurers from coastal areas and the resulting crisis in affordable homeowner's insurance
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Directs that copies of the resolution be provided to each member of Alabama's Congressional Delegation
Legislative Description
U. S. Congress urged to approve H.R. 1264, the Multiple Peril Insurance Act of 2009
Resolutions, Legislative
Last Action
Received in Senate and referred to the Senate committee on Rules
3/11/2010