News
House Passes Terry Proposals
Monday, August 8, 2011
U.S. Rep. Lee Terry is meeting with success, again, in gaining passage of his legislation in the House.
This summer the House of Representatives passed two Terry proposals.
The first would amend the federal flood insurance program to prohibit the use of the unfair “flood in progress” exclusion. This means policyholders will more easily be able to receive payments on claims they submit. (HR 1309, amendment)
The second would mandate a final decision by the federal government on the proposed Keystone XL pipeline, designed to bring new energy into the U.S. from a friendly source, Canada. The proposal has languished in red-tape for several years now. (HR 1938)
Both proposals now move to the Senate for action.