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United States · Bill · HR

H.R. 4619 (109th)

Commission on Terrorism Risk Insurance Act of 2005

referredUnited States· United States Congress· EN

Introduced

17 December 2005

Last action

10 January 2006 · Referred

Status

Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Sponsors

Rep. Fossella, Vito [R-NY-13], Rep. Sweeney, John E. [R-NY-20], Rep. McHugh, John M. [R-NY-23], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Reynolds, Thomas M. [R-NY-26], Rep. King, Peter T. [R-NY-2], Rep. Boehlert, Sherwood [R-NY-24], Rep. Towns, Edolphus [D-NY-10], Rep. Shays, Christopher [R-CT-4], Rep. McCotter, Thaddeus G. [R-MI-11], Rep. Walsh, James T. [R-NY-25], Rep. Simmons, Rob [R-CT-2], Rep. Delahunt, William D. [D-MA-10], Rep. Engel, Eliot L. [D-NY-16], Rep. Capuano, Michael E. [D-MA-8], Rep. Serrano, Jose E. [D-NY-15], Rep. Green, Mark [R-WI-8], Rep. Carnahan, Russ [D-MO-3], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Crowley, Joseph [D-NY-14]

Subjects

Discovery layer

Source updated

15 August 2025

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Summary

Commission on Terrorism Risk Insurance Act - Amends the Terrorism Risk Insurance Act of 2002 to establish the Commission on Terrorism Risk Insurance. Directs the Commission to identify and make recommendations regarding actions to: (1) encourage, facilitate, and sustain provision by the private domestic insurance industry of affordable coverage for losses due to acts of terrorism; (2) sustain or supplement the ability of the domestic insurance industry to cover losses resulting from acts of terrorism; (3) reduce the federal role over time in any continuing federal terrorism risk insurance program; and (4) evaluate whether coverage under the Terrorism Insurance Program is necessary to permit redevelopment at sites of previous acts of terrorism. Instructs the Commission to evaluate and makes recommendations on the need for a federal terrorism risk insurance program. Requires the Terrorism Insurance Program to remain in effect, but only to cover insured losses under property and casualty insurance issued on or before December 31, 2008, if the Commission determines that the market will not provide for renewal or generation of new insurance contracts necessary to permit redevelopment at the site of a previous act of terrorism.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 17 December 2005

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 17 December 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 December 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 10 January 2006

    Referred

    Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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Leesvertaling

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  • Introduced in House (text)

    Introduced in House · EN · 17 December 2005

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 17 December 2005

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 17 December 2005

    Open at official source

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Sponsors

Related records

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Sources

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