The Chief Minister says talks will take place with property owners to gauge the extent of the flood damage on Friday.
There was damage around the Island during the storm surge with Ramsey and Castletown particularly badly hit.
Allan Bell was in his constituency during the floods to witness the extreme weather.
Speaking from Parliament Street, he said authorities and government will hear what business owners are facing:
Ard-Shirveishagh hopes he's given members enough time to consider 'Charter for Change'
Document only published a week before Tynwald
Live video streaming 'significant step' in making parliament more accessible
Public can now watch proceedings online
Treasury: 'Challenging to justify support for heating oil customers'
MHK says Island is 'dangerously close to a Dickens' novel'
Increase of more than 500 patients for mental health services over last 12 months
Waiting list has also climbed from 1,160 to 1,433