Terrorism Risk Insurance Revision and Extension Act of 2007



Background
The Terrorism Risk Insurance Act was originally passed in 2002 to provide federal compensation to cover part of the losses incurred by insurers as a result of acts of terrorism.

Summary
The Terrorism Risk Insurance Revision and Extension Act of 2007 (H.R.2761) revised and extended the Terrorism Risk Insurance Act until 2014. It also expanded the definition of acts of terrorism covered under the act to include acts of domestic terrorism.

Bill Passage
H.R. 2761 passed the House on September 19, 2007 by a vote of 312-110. 

The bill was amended in the Senate and passed by unanimous consent on November 16, 2007. The amended version of the bill was then approved by the House on December 18, 2007 by a vote of 360-53.



On December 26, 2007, President Bush signed H.R. 2761 into law.

External resources

 * THOMAS page on H.R. 2761 (110th Congress).