[StBernard] Senate flood buy in bill

[Westley Annis]

Westley, I was checking out the progress of HR3922 at www.house.gov and
noticed that a related bill had been listed.  Trent Lott has introduced the
same bill in the Senate under S.1936, and the bill is currently referred to
the Committee on Banking, Housing, and Urban Affairs.  Below is a summary:

S.1936
Title: A bill to strengthen the national flood insurance program, encourage
participation in the program, and provide owners of properties not located
in flood hazard zones a one-time opportunity to purchase flood insurance
coverage for a period covering such hurricane.
Sponsor: Sen Lott, Trent [MS] (introduced 10/27/2005)      Cosponsors (None)
Related Bills: H.R.3922
Latest Major Action: 10/27/2005 Referred to Senate committee. Status: Read
twice and referred to the Committee on Banking, Housing, and Urban Affairs.

SUMMARY AS OF:
10/27/2005--Introduced.

Hurricanes Katrina and Rita Flood Insurance Buy-In Act of 2005 - Establishes
a temporary flood insurance buy-in program. Instructs the Director of the
Federal Emergency Management Agency to make flood insurance coverage
available under such program for eligible structures (but not their
contents) for flooding resulting from Hurricane Katrina or Hurricane Rita.
Limits eligibility to structures located in an area not subject to the
mandatory purchase requirements of the national flood insurance program, and
which were not covered by such insurance at the time of the hurricanes.
Prescribes a formula for determination of premiums, which may be paid by
deduction from the amount of any claims payable under coverage by the buy-in
program.

This bill currently has NO cosponsors.  We need to get the word out to the
LA senators to cosponsor, and start contacting members of the committee.