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September 20, 2007

House Votes - H.R. 2761: Terrorism Risk Insurance

H.Res. 660: Providing for the consideration of H.R. 2761

On Ordering the Previous Question
Passed 224-197

On Agreeing to the Resolution
Passed 223-195

H.R. 2761: Terrorism Risk Insurance Revision and Extension Act of 2007
To extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes.


Amendments (GovTrack, Thomas)


H.Amdt. 801 by Rep. Frank [D-MA]
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.
Agreed to 426-1

H.Amdt. 802 by Rep. Pearce [R-NM]
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.
Failed 194-230

On Motion to Recommit with Instructions
(consideration: CR H10549-10551; text: CR H10551)
Failed 196-228

On Passage
Passed 312-110

Leaders Quell Budget Concerns to Pass Terrorism Risk Insurance Extension
The House easily passed a 15-year extension of the federal terrorism insurance backstop Wednesday, but such a long time frame is likely to meet resistance in the Senate.

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