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House passes flood insurance overhaul

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A tractor performs maintenance on a levee in Granite City, Ill., alongside the Chain of Rocks Canal. (photo: Matt Sepic/St. Louis Public Radio)

By from staff and wire reports

Washington – The U.S. House has approved an overhaul of the federal flood insurance program.

Among other things, the measure would delay mandatory insurance by five years in areas newly designated as flood hazard zones.

If the bill becomes law, it would provide relief to many home and business owners in the Metro East.

Levees there need major repairs; while a fix is underway, many residents fear the costs of a hazard zone designation from if the Federal Emergency Management Agency.

The legislation now goes to the Senate, where its fate is uncertain.

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