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United States · Law · HR

H.R. 2761 (110th)

Terrorism Risk Insurance Program Reauthorization Act of 2007

enactedUnited States· United States Congress· EN

Introduced

18 June 2007

Last action

26 December 2007 · President

Status

Became Public Law No: 110-160.

Sponsors

Rep. Capuano, Michael E. [D-MA-8], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Ackerman, Gary L. [D-NY-5], Rep. Meeks, Gregory W. [D-NY-5], Rep. McCarthy, Carolyn [D-NY-4], Rep. Crowley, Joseph [D-NY-14], Rep. Israel, Steve [D-NY-3], Rep. King, Peter T. [R-NY-2], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Watt, Melvin L. [D-NC-12], Rep. Sherman, Brad [D-CA-32], Rep. Lynch, Stephen F. [D-MA-8], David Scott, Rep. Green, Al [D-TX-9], Rep. Cleaver, Emanuel [D-MO-5], Rep. Davis, Lincoln [D-TN-4], Rep. Sires, Albio [D-NJ-13], Rep. Mahoney, Tim [D-FL-16], Sen. Murphy, Christopher [D-CT], Rep. Wexler, Robert [D-FL-19], Rep. Boren, Dan [D-OK-2], Rep. Frank, Barney [D-MA-4], Rep. Hodes, Paul W. [D-NH-2], Rep. Shays, Christopher [R-CT-4], Rep. Ramstad, Jim [R-MN-3], Sen. Donnelly, Joe [D-IN], Rep. Higgins, Brian [D-NY-26], Rep. Hooley, Darlene [D-OR-5], Rep. Hinojosa, Ruben [D-TX-15], Rep. Berkley, Shelley [D-NV-1], Rep. Courtney, Joe [D-CT-2], Rep. Rothman, Steven R. [D-NJ-9]

Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Terrorism Risk Insurance Revision and Extension Act of 2007 - Amends the Terrorism Risk Insurance Act of 2002 to extend the Terrorism Insurance Program through calendar 2017. Revises requirements for: (1) insurer deductible; (2) insured loss shared compensation; (3) industry insured losses that trigger the program; (4) recoupment of the federal share; (5) certification prerequisites regarding an act of terrorism; (6) mandatory availability of program coverage; and (7) rate and form filings for coverage. Provides for coverage of group life insurance, including a policy surcharge for terrorism loss risk-spreading premiums. Revises requirements for: (1) insurer copayment and federal share of compensation; (2) post-event reset for previously impacted areas; and (3) mandatory availability of life insurance that does not preclude future lawful travel. Adds coverage for workers' compensation and property and casualty insurance to the topics of a mandatory analysis of market conditions for terrorism risk insurance by the President's Working Group on Financial Markets. Establishes the Commission on Terrorism Risk Insurance.

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

Timeline

  1. 18 June 2007

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 18 June 2007

    Referred

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

    Source: Committee

  3. 18 June 2007

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 18 June 2007

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 24 July 2007

    Vote

    Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 26 - 17 .

    Source: Committee

  6. 24 July 2007

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

  7. 1 August 2007

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  8. 1 August 2007

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 20.

    Source: Committee

  9. 6 September 2007

    Calendars

    Placed on the Union Calendar, Calendar No. 201.

    Source: Calendars

  10. 6 September 2007

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 110-318.

    Source: Committee

  11. 6 September 2007

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 110-318.

    Source: Committee

  12. 18 September 2007

    Reported

    Rules Committee Resolution H. Res. 660 Reported to House. Rule provides for consideration of H.R. 2761 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill except clauses 9 and 10 of Rules XXI. The rule provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in Part A of this report, shall be considered as adopted.

    Source: Floor

  13. 19 September 2007

    Floor

    The previous question was ordered pursuant to the rule. (consideration: CR H10549)

    Source: Floor

  14. 19 September 2007

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2761.

    Source: Floor

  15. 19 September 2007

    Floor

    The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2761.

    Source: Floor

  16. 19 September 2007

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  17. 19 September 2007

    Vote

    On passage Passed by the Yeas and Nays: 312 - 110 (Roll no. 884).

    Source: Floor

  18. 19 September 2007

    Vote

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 312 - 110 (Roll no. 884).

    Source: Floor

  19. 19 September 2007

    Vote

    On motion to recommit with instructions Failed by the Yeas and Nays: 196 - 228 (Roll no. 883).

    Source: Floor

  20. 19 September 2007

    Floor

    The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H10550)

    Source: Floor

  21. 19 September 2007

    Floor

    Mr. Dreier moved to recommit with instructions to Financial Services. (consideration: CR H10549-10551; text: CR H10549)

    Source: Floor

  22. 19 September 2007

    Passed

    The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.

    Source: Floor

  23. 19 September 2007

    Passed

    Rule H. Res. 660 passed House.

    Source: Floor

  24. 19 September 2007

    Floor

    Rule provides for consideration of H.R. 2761 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill except clauses 9 and 10 of Rules XXI. The rule provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in Part A of this report, shall be considered as adopted.

    Source: Floor

  25. 19 September 2007

    Floor

    The Speaker designated the Honorable Steve Israel to act as Chairman of the Committee.

    Source: Floor

  26. 19 September 2007

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 660 and Rule XVIII.

    Source: Floor

  27. 19 September 2007

    Reported

    Considered under the provisions of rule H. Res. 660. (consideration: CR H10526-10551; text of measure as reported in House: CR H10533-10541)

    Source: Floor

  28. 20 September 2007

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  29. 16 November 2007

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

  30. 16 November 2007

    Passed

    Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.

    Source: Floor

  31. 16 November 2007

    Discharge

    Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S14592-14596)

    Source: Discharge

  32. 16 November 2007

    Committee

    Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S14592-14596)

    Source: Committee

  33. 18 December 2007

    Action

    Cleared for White House.

  34. 18 December 2007

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  35. 18 December 2007

    Vote

    On motion that the House suspend the rules and agree to the Senate amendment Agreed to by the Yeas and Nays: (2/3 required): 360 - 53 (Roll no. 1178). (text as House agreed to Senate amendment: CR H16760-16761)

    Source: ResolvingDifferences

  36. 18 December 2007

    Vote

    Resolving differences -- House actions: On motion that the House suspend the rules and agree to the Senate amendment Agreed to by the Yeas and Nays: (2/3 required): 360 - 53 (Roll no. 1178).(text as House agreed to Senate amendment: CR H16760-16761)

    Source: NotUsed

  37. 18 December 2007

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2761.

    Source: Floor

  38. 18 December 2007

    ResolvingDifferences

    Mr. Ackerman moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H16760-16767)

    Source: ResolvingDifferences

  39. 19 December 2007

    Floor

    Presented to President.

    Source: Floor

  40. 19 December 2007

    President

    Presented to President.

    Source: President

  41. 26 December 2007

    Became law

    Became Public Law No: 110-160.

    Source: President

  42. 26 December 2007

    Became law

    Signed by President.

    Source: BecameLaw

  43. 26 December 2007

    President

    Signed by President.

    Source: President

Votes

No vote records are attached yet.

Versions

Documents

19 official files

Enrolled Bill (text)

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  • Enrolled Bill (text)

    Enrolled Bill · EN

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  • Enrolled Bill (PDF)

    Enrolled Bill · EN

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  • Public Law (text)

    Public Law · EN · 26 December 2007

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  • Public Law (PDF)

    Public Law · EN · 26 December 2007

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  • Public Law

    summary · EN · 26 December 2007

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  • Engrossed Amendment Senate (text)

    Engrossed Amendment Senate · EN · 16 November 2007

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  • Engrossed Amendment Senate (PDF)

    Engrossed Amendment Senate · EN · 16 November 2007

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  • Passed Senate amended

    summary · EN · 16 November 2007

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  • Referred in Senate (text)

    Referred in Senate · EN · 20 September 2007

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 20 September 2007

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  • Engrossed in House (text)

    Engrossed in House · EN · 19 September 2007

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 19 September 2007

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  • Passed House amended

    summary · EN · 19 September 2007

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  • Reported in House (text)

    Reported in House · EN · 6 September 2007

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  • Reported in House (PDF)

    Reported in House · EN · 6 September 2007

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  • Reported to House with amendment(s)

    summary · EN · 6 September 2007

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  • Introduced in House (text)

    Introduced in House · EN · 18 June 2007

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  • Introduced in House (PDF)

    Introduced in House · EN · 18 June 2007

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  • Introduced in House

    summary · EN · 18 June 2007

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