|Published:||Dec 12, 2013 6:39 PM EST|
|Updated:||Dec 12, 2013 6:39 PM EST|
There's still a glimmer of hope for homeowners fighting big spikes to flood insurance rates.
The House of Representatives is expected to vote Friday on a bill that would lower flood insurance premiums that have increased by more than 1,000 percent for some property owners.
A similar effort failed in the Senate late Wednesday, in the form of a bill sponsored by Sen. Bill Nelson (D - Florida).
Nelson's legislation needed unanimous consent to come to a vote. One Senator, Pat Roberts (R - Kansas), did not give his consent.
Requests for comment by WINK News have not been returned by Roberts.
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