| dbo:abstract |
The Terrorism Risk Insurance Act (TRIA) (H.R. 3210, Pub.L. 107–297 (text) (PDF)) is a United States federal law signed into law by President George W. Bush on November 26, 2002. The Act created a federal "backstop" for insurance claims related to acts of terrorism. The Act "provides for a transparent system of shared public and private compensation for insured losses resulting from acts of terrorism." The Act was originally set to expire December 31, 2005, was extended for two years in December 2005, and was extended again on December 26, 2007. The Terrorism Risk Insurance Program Reauthorization Act expired on December 31, 2014. On January 7, 2015 the House of Representatives voted 416-5 to approve the Terrorism Risk Insurance Program Reauthorization Act of 2015, (H.R. 26, Pub.L. 114–1 (text) (PDF)) extending the TRIA through December 31, 2020. The Senate approved the extension the day after by a vote of 93-4. On January 12, 2015, President Barack Obama signed the extension into law. On December 17, 2019 the House of Representatives voted 297-120 to approve the Further Consolidated Appropriations Act, 2020 (H.R. 1865, Pub.L. 116–94 (text) (PDF)) which included the Terrorism Risk Insurance Program Reauthorization Act of 2019 extending the TRIA through December 31, 2027. The Senate approved the extension on December 19, 2019 by a vote of 71-23. The following day, President Donald Trump signed the bill into law. (en) |
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TRIA, TRPA (en) |
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Michael Oxley (en) |
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House (en) |
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| dbp:longtitle |
An Act to ensure the continued financial capacity of insurers to provide coverage for risks from terrorism. (en) |
| dbp:nickname |
Terrorism Risk Protection Act (en) |
| dbp:othershorttitles |
Terrorism Risk Insurance Act of 2002 (en) |
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House (en) Senate (en) |
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86 (xsd:integer) 227 (xsd:integer) Passed unanimous consent (en) Agreed voice vote (en) |
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| dbp:sectionsAmended |
(en) § 1610 (en) § 248 (en) § 6701 (en) |
| dbp:shorttitle |
Terrorism Risk Insurance Act (en) |
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2002-11-26 (xsd:date) |
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dbr:George_W._Bush |
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12 (xsd:integer) 15 (xsd:integer) 28 (xsd:integer) (en) |
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The Terrorism Risk Insurance Act (TRIA) (H.R. 3210, Pub.L. 107–297 (text) (PDF)) is a United States federal law signed into law by President George W. Bush on November 26, 2002. The Act created a federal "backstop" for insurance claims related to acts of terrorism. The Act "provides for a transparent system of shared public and private compensation for insured losses resulting from acts of terrorism." The Act was originally set to expire December 31, 2005, was extended for two years in December 2005, and was extended again on December 26, 2007. The Terrorism Risk Insurance Program Reauthorization Act expired on December 31, 2014. (en) |
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Terrorism Risk Insurance Act (en) |
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