summary
Introduced
11/14/2019
11/14/2019
In Committee
11/20/2019
11/20/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to reauthorize the Terrorism Risk Insurance Act of 2002, and for other purposes. 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 within the Department of the Treasury through 2027. It extends the program's termination date, adjusts the timing of mandatory recoupment, requires ongoing reports on the availability and affordability of terrorism risk insurance, and directs the Government Accountability Office to study and report on the adequacy of current coverage and risk-sharing for cyber terrorism events under the Terrorism Risk Insurance Act of 2002.
Committee Categories
Housing and Urban Affairs
Sponsors (18)
Thom Tillis (R)*,
Sherrod Brown (D),
Richard Burr (R),
Catherine Cortez Masto (D),
Kevin Cramer (R),
Mike Crapo (R),
Martha McSally (R),
Bob Menendez (D),
Jerry Moran (R),
David Perdue (R),
Mike Rounds (R),
Brian Schatz (D),
Chuck Schumer (D),
Tim Scott (R),
Kyrsten Sinema (I),
Tina Smith (D),
Chris Van Hollen (D),
Elizabeth Warren (D),
Last Action
Placed on Senate Legislative Calendar under General Orders. Calendar No. 313. (on 12/03/2019)
Official Document
bill text
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bill summary
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bill summary
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