Terrorism Risk Insurance Program Reauthorization Act of 2013

H.R. 2146 · 113th Congress · May 23, 2013 · Lineage

A BILL

To extend the Terrorism Risk Insurance Program of the Department of the Treasury for 10 years.

1. Short title

This Act may be cited as the “Terrorism Risk Insurance Program Reauthorization Act of 2013”.

2. 10-year extension of Terrorism Risk Insurance Program

(a)

Termination date— Section 108(a) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking “2014” and inserting “2024”.

(b)

Additional program years— Section 102(11)(G) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking “2014” and inserting “2024”.

(c)

Timing of mandatory recoupment— Section 103(e)(7)(E)(i)(III) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking “2017” and inserting “2027”.

(d)

Ongoing reports regarding market conditions for terrorism risk insurance— Section 108(e)(2) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking “and 2013” and inserting “, 2013, 2017, 2020, and 2023”.

Lineage

May 23, 2013viewing Introduced in House Mr. Capuano (for himself, Mr. King of New York, Ms. Moore, Mrs. McCarthy of New York, Mrs. Beatty, Ms. Sinema, Mr. Meeks, Ms. Waters, Mr. McGovern, Mr. Heck of Washington, Mr. Kennedy, Mr. Markey, Mr. Watt, Mr. Hinojosa, Mr. Rangel, Mr. Nadler, Mr. Keating, Mr. Clay, Mr. Carson of Indiana, Mr. Lynch, and Ms. Meng) introduced the following bill; which was referred to the Committee on Financial Services

Terrorism Risk Insurance Program Reauthorization Act of 2013

1. Short title

2. 10-year extension of Terrorism Risk Insurance Program

Cite this provision

Incoming references