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Latest Update: Thursday, July, 24th 2008
To extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes. 12/26/2007--Public Law. (There are 4 other summaries) (This measure has not been amended since it was passed by the Senate on November 16, 2007. The summary of that version is repeated here.) Terrorism Risk Insurance Program Reauthorization Act of 2007 - (Sec. 2) Amends the Terrorism Risk Insurance Act to redefine an act of terrorism to eliminate the requirement that the individual or individuals committing a terrorist act be acting on behalf of any foreign person or foreign interest. (Sec. 3) Extends the Terrorism Risk Insurance Program through calendar 2014. (Sec. 4) States that no insurer may be required to make payment for insured losses in excess of its statutory deductible combined with its statutory share of insured losses. Requires the Secretary of the Treasury to: (1) notify Congress within 15 days of an act [...] show full description
- 12/26/2007 - Became Public Law No: 110-160.
- 12/26/2007 - Signed by President.
- 12/19/2007 - Presented to President.
- 12/18/2007 - Cleared for White House.
- 12/18/2007 - Mr. Ackerman moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H16760-16767)
show all actions- 12/26/2007 - Became Public Law No: 110-160.
- 12/26/2007 - Signed by President.
- 12/19/2007 - Presented to President.
- 12/18/2007 - Cleared for White House.
- 12/18/2007 - Mr. Ackerman moved that the House suspend the rules and agree to the Senate amendment. (consideration: CR H16760-16767)
- 12/18/2007 - 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)
- 12/18/2007 - DEBATE - The House proceeded with forty minutes of debate on H.R. 2761.
- 12/18/2007 - Mr. Ackerman moved that the House suspend the rules and agree to the Senate amendment.
- 12/18/2007 - 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).
- 12/18/2007 - Motion to reconsider laid on the table Agreed to without objection.
- 11/16/2007 - Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- 11/16/2007 - Measure laid before Senate by unanimous consent.
- 11/16/2007 - S.AMDT.3800 Amendment SA 3800 proposed by Senator Reid for Senator Dodd. In the nature of a substitute.
- 11/16/2007 - S.AMDT.3800 Amendment SA 3800 agreed to in Senate by Unanimous Consent.
- 11/16/2007 - Passed Senate with an amendment by Unanimous Consent.
- 11/16/2007 - Message on Senate action sent to the House.
- 11/16/2007 - Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S14592-14596)
- 11/16/2007 - S.AMDT.3800 Amendment SA 3800 proposed by Senator Reid for Senator Dodd. (consideration: CR S14592) In the nature of a substitute.
- 09/20/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 09/19/2007 - Considered under the provisions of rule H. Res. 660. (consideration: CR H10526-10551; text of measure as reported in House: CR H10533-10541)
- 09/19/2007 - H.AMDT.801 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H10544-10545, H10547-10548; text: CR H10544) Manager's amendment consists of the text of the amendment contained in House Report 110-333 and printed on page H10544 in the Congressional Record of Sept. 19, 2007.
- 09/19/2007 - H.AMDT.802 Amendment (A002) offered by Mr. Pearce. (consideration: CR H10545-10547, H10548-10549; text: CR H10545) Amendment sought to provide a 1 percent increase each year in the deductable rather than the one-half percent increase each year in the deductable required by the bill.
- 09/19/2007 - Mr. Dreier moved to recommit with instructions to Financial Services. (consideration: CR H10549-10551; text: CR H10549)
- 09/19/2007 - H.AMDT.801 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H10544-10545, H10547-10548 text: CR H10544) Amendment clarifies the certification process for acts of nuclear, biological, chemical, or radiological (NBCR) terrorism apply the reset mechanism to the NBCR deductible, and provide that the Consumer Price Index will be used to adjust for inflation the dollar amounts used in TRIA.
- 09/19/2007 - H.AMDT.802 Amendment (A002) offered by Mr. Pearce. (consideration: CR H10545-10547, H10548-10549 text: CR H10545) Amendment sought to raise the deductible set at 5% above $1,000,000,000 by 1% each program year, rather than by .5% as the bill is written.
- 09/19/2007 - Rule H. Res. 660 passed House.
- 09/19/2007 - Considered under the provisions of rule H. Res. 660. (consideration: CR H10526-10551 text of measure as reported in House: CR H10533-10541)
- 09/19/2007 - House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 660 and Rule XVIII.
- 09/19/2007 - The Speaker designated the Honorable Steve Israel to act as Chairman of the Committee.
- 09/19/2007 - H.AMDT.801 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H10544-10545, H10547-10548 text: CR H10544) An amendment numbered 1 printed in Part B of House Report 110-333 to clarify the certification process for acts of NBCR (nuclear, biological, chemical, or radiological) terrorism apply the reset mechanism to the NBCR deductible, and provide that the Consumer Price Index will be used to adjust for inflation the dollar amounts used in TRIA. The amendment also makes technical and conforming changes.
- 09/19/2007 - H.AMDT.802 Amendment (A002) offered by Mr. Pearce. (consideration: CR H10545-10547, H10548-10549 text: CR H10545) An amendment numbered 2 printed in Part B of House Report 110-333 to raise the deductible set at 5% above $1,000,000,000 by 1% each program year, rather than by .5% as the bill is written.
- 09/19/2007 - H.AMDT.801 On agreeing to the Frank (MA) amendment (A001) Agreed to by recorded vote: 426 - 1 (Roll no. 881).
- 09/19/2007 - H.AMDT.802 On agreeing to the Pearce amendment (A002) Failed by recorded vote: 194 - 230 (Roll no. 882).
- 09/19/2007 - The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2761.
- 09/19/2007 - The previous question was ordered pursuant to the rule. (consideration: CR H10549)
- 09/19/2007 - The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.
- 09/19/2007 - Mr. Dreier moved to recommit with instructions to Financial Services. (consideration: CR H10549-10551 text: CR H10549)
- 09/19/2007 - The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H10550)
- 09/19/2007 - On motion to recommit with instructions Failed by the Yeas and Nays: 196 - 228 (Roll no. 883).
- 09/19/2007 - On passage Passed by the Yeas and Nays: 312 - 110 (Roll no. 884).
- 09/19/2007 - Motion to reconsider laid on the table Agreed to without objection.
- 09/19/2007 - 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.
- 09/19/2007 - 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.
- 09/19/2007 - GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2761.
- 09/19/2007 - DEBATE - Pursuant to the provisions of H. Res. 660, the Committee of the Whole proceeded with 10 minutes of debate on the Frank amendment.
- 09/19/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Pearce demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the Frank amendment until later in the legislative day.
- 09/19/2007 - DEBATE - Pursuant to the provisions of H. Res. 660, the Committee of the Whole proceeded with 10 minutes of debate on the Pearce amendment.
- 09/19/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Pearce amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Pearce demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the Pearce amendment until later in the legislative day.
- 09/19/2007 - UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
- 09/19/2007 - Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Dreier motion to recommit with instructions.
- 09/19/2007 - H.AMDT.801 Amendment (A001) offered by Mr. Frank (MA). (consideration: CR H10544-10545, H10547-10548 text: CR H10544) Manager's amendment consists of the text of the amendment contained in House Report 110-333 and printed on page H10544 in the Congressional Record of Sept. 19, 2007.
- 09/19/2007 - H.AMDT.802 Amendment (A002) offered by Mr. Pearce. (consideration: CR H10545-10547, H10548-10549 text: CR H10545) Amendment sought to provide a 1 percent increase each year in the deductable rather than the one-half percent increase each year in the deductable required by the bill.
- 09/18/2007 - 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.
- 09/06/2007 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-318.
- 09/06/2007 - Placed on the Union Calendar, Calendar No. 201.
- 08/01/2007 - Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 20.
- 08/01/2007 - Committee Consideration and Mark-up Session Held.
- 08/01/2007 - Ordered to be Reported (Amended) by Voice Vote.
- 07/24/2007 - Subcommittee Consideration and Mark-up Session Held.
- 07/24/2007 - Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 26 - 17 .
- 06/18/2007 - Referred to the House Committee on Financial Services.
- 06/18/2007 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
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