mr. watson, looks like it takes a 2/3 of the county transportation authority members and a majority vote of the ballot. >> the general fund purpose, so it would be the county board of supervisors. in your role as supervisors, you would have that opportunity. >> what is the timing on that in your estimation at this point? >> he has met all the time lines and is in good shape. the legislature recesses' thursday until august 15. when they come back, he will have four weeks to get it out of the assembly. after that point, augus15 will be the -- not august 15, september 15 -- whatever the friday is closest to the 15th -- for legislative action, and the governor would have 30 days to act on it. the latest, probably the fail- safe way to look at it is mid-

mr. watson mentioned, if you have a home insured for $200,000, a hurricane deductible that is 2% of the insuredalue, you have a 4% deductible against a $1,000 deductible. for some states, those will be triggered for hurricane irene. in some other states, where the wind was lighter, where there was not a hurricane that made landfall, a standard deductible will apply. i think that that is a relatively minor factor. the principal factor here is that hurricane irene was simply not that strong. host: from "the washington times," this morning, they talked about certain areas not being covered. that there is generally no coverage for the home or personal belongings themselves when it comes to rising water, including water seeping up from saturated ground, and homes from beaches and flood surges. inland areas were amongst those hardest hit by the rains. guest: that is correct. this distinction between flooding and water intrusion, associated with wind driven rain, has always been a distinction in homeowners insurance policies. flooding has never been covered by homeowners' insurance policies. the natio

mr. watson mentioned, if you have a home insured for $200,000, a hurricane deductible that is 2% of the insuredalue, you have a 4% deductible against a $1,000 deductible. for some states, those will be triggered for hurricane irene. in some other states, where the wind was lighter, where there was not a hurricane that made landfall, a standard deductible will apply. i think that that is a relatively minor factor. the principal factor here is that hurricane irene was simply not that strong. host: from "the washington times," this morning, they talked about certain areas not being covered. that there is generally no coverage for the home or personal belongings themselves when it comes to rising water, including water seeping up from saturated ground, and homes from beaches and flood surges. inland areas were amongst those hardest hit by the rains. guest: that is correct. this distinction between flooding and water intrusion, associated with wind driven rain, has always been a distinction in homeowners insurance policies. flooding has never been covered by homeowners' insurance policies. the natio