H.R.4299 - Federal Government - To extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes.

To extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes. 12/12/2007--Passed House without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)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 [...]

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