summary
Introduced
10/11/2019
10/11/2019
In Committee
10/31/2019
10/31/2019
Crossed Over
11/19/2019
11/19/2019
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Terrorism Risk Insurance Program Reauthorization Act of 2019 Terrorism Risk Insurance Program Reauthorization Act of 2019 This bill reauthorizes through 2027 the Terrorism Risk Insurance Program within the Department of the Treasury. The Government Accountability Office must report on insurance coverage of cyberterrorism.
AI Summary
This bill reauthorizes the Terrorism Risk Insurance Program (TRIP) within the Department of the Treasury through 2027. It extends the mandatory recoupment period for the TRIP, requires ongoing reports on the availability and affordability of terrorism risk insurance, and directs the Government Accountability Office to conduct a study and report on the potential costs of cyber attacks and whether the current TRIP is appropriate for a cyber terrorism event, with recommendations on how Congress could amend the Act to address cyber threats.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (87)
Maxine Waters (D)*,
Alma Adams (D),
Cindy Axne (D),
Andy Barr (R),
Joyce Beatty (D),
Don Beyer (D),
Earl Blumenauer (D),
Lisa Blunt Rochester (D),
Ted Budd (R),
Salud Carbajal (D),
Ed Case (D),
Sean Casten (D),
Katherine Clark (D),
Yvette Clarke (D),
Lacy Clay (D),
Emanuel Cleaver (D),
Charlie Crist (D),
Warren Davidson (R),
Rodney Davis (R),
Madeleine Dean (D),
Tom Emmer (R),
Brian Fitzpatrick (R),
Chuck Fleischmann (R),
Bill Foster (D),
Lois Frankel (D),
Tulsi Gabbard (D),
Ruben Gallego (D),
Sylvia Garcia (D),
Chuy García (D),
Vicente Gonzalez (D),
Lance Gooden (R),
Josh Gottheimer (D),
Al Green (D),
Glenn Grothman (R),
Denny Heck (D),
Brian Higgins (D),
Jim Himes (D),
Hakeem Jeffries (D),
Hank Johnson (D),
John Katko (R),
Ron Kind (D),
Peter King (R),
Ann Kuster (D),
David Kustoff (R),
John Larson (D),
Al Lawson (D),
Mike Levin (D),
Nita Lowey (D),
Stephen Lynch (D),
Carolyn Maloney (D),
Sean Maloney (D),
Ben McAdams (D),
Patrick McHenry (R),
Gregory Meeks (D),
Grace Meng (D),
Alex Mooney (R),
Gwen Moore (D),
Joe Morelle (D),
Stephanie Murphy (D),
Donald Norcross (D),
Eleanor Holmes Norton (D),
Alexandria Ocasio-Cortez (D),
Frank Pallone (D),
Bill Pascrell (D),
Ed Perlmutter (D),
Dean Phillips (D),
Mark Pocan (D),
Katie Porter (D),
Kathleen Rice (D),
John Rose (R),
Max Rose (D),
Michael San Nicolas (D),
David Scott (D),
Brad Sherman (D),
Mikie Sherrill (D),
Darren Soto (D),
Steve Stivers (R),
Tom Suozzi (D),
Van Taylor (R),
Paul Tonko (D),
Jeff Van Drew (R),
Juan Vargas (D),
Nydia Velázquez (D),
Ann Wagner (R),
Jennifer Wexton (D),
Roger Williams (R),
Lee Zeldin (R),
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 11/19/2019)
Official Document
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