WASHINGTON — President Barack Obama is set to sign into law a bipartisan bill relieving homeowners living in flood-prone neighborhoods from big increases in their insurance bills.
The legislation, which cleared Congress on Thursday, reverses much of a 2012 overhaul of the government’s much-criticized flood insurance program after angry homeowners facing sharp premium hikes protested.
The Senate’s 72-22 vote sent the House-drafted measure to Obama. White House officials said he’ll sign it.
via Obama to sign flood insurance relief | savannahnow.com.
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