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AL HR419

Resolution

Official Source

Status

Engrossed

3/2/2010

Primary Sponsor

Joseph Mitchell

Click for details

Origin

House of Representatives

Regular Session 2010

AI Summary

  • Urges Congress to immediately approve federal H.R. 1264, the Multiple Peril Insurance Act of 2009
  • H.R. 1264 would amend the National Flood Insurance Program to allow homeowners to purchase wind and flood insurance in a single policy
  • Premiums would be risk-based and actuarially sound, with the Congressional Budget Office scoring the bill as budget neutral
  • Addresses the insurance crisis in coastal areas where insurers have withdrawn, leaving homeowners without access to affordable wind damage coverage
  • Directs copies of the resolution to 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

Guin motion to Adopt adopted Voice Vote

3/2/2010

Committee Referrals

Rules2/25/2010

Full Bill Text

No bill text available