H.R. 4513

Terrorism Risk Insurance Program Temporary Extension Act of 2005

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I

109th CONGRESS

1st Session

H. R. 4513

IN THE HOUSE OF REPRESENTATIVES

December 13, 2005

Mr. Frank of Massachusetts introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To temporarily extend the applicability of Terrorism Risk Insurance Act of 2002.

1.

Short title

This Act may be cited as the Terrorism Risk Insurance Program Temporary Extension Act of 2005.

2.

Temporary extension

(a)

Termination of program

Subsection (a) of section 108 of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking December 31, 2005 and inserting March 31, 2006.

(b)

Extension of Program Year 3

Subparagraph (D) of section 102(11) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking December 31, 2005 and inserting March 31, 2006.

(c)

Mandatory availability

Section 103(c) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended—

(1)

in paragraph (1), by striking Program Year 2 and inserting Program Year 3; and

(2)

by striking paragraph (2).