S-2244 : Still Just a Bill

Terrorism Risk Insurance Program Reauthorization Act of 2014 - Amends the Terrorism Risk Insurance Act of 2002 to extend the Terrorism Insurance Program through December 31, 2021.

Decreases the federal share of the compensation for insured losses of an insurer during each Program year after enactment of this Act by 1% until that share equals 80% of that portion of the amount of such insured losses that exceeds the applicable insurer deductible for such Program year.

Increases the insurance marketplace aggregate retention amount under such Program (currently $27.5 billion) by $2 billion per calendar year after enactment of this Act until such amount equals $37.5 billion.

Action Timeline

Action DateTypeTextSource
2014-12-11FloorMessage on House action received in Senate and at desk: House amendment to Senate bill.Senate
2014-12-10FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2014-12-10VoteOn passage Passed by the Yeas and Nays: 417 - 7 (Roll no. 557). (text: CR H8975-8982)House floor actions
2014-12-10FloorThe previous question was ordered pursuant to the rule. (consideration: CR H8991)House floor actions
2014-12-10FloorDEBATE - The House proceeded with one hour of debate on S. 2244.House floor actions
2014-12-10FloorResolution provides for consideration of S. 2244; provides suspension authority; and provides for proceedings through Jan. 3, 2015.House floor actions
2014-12-10FloorConsidered under the provisions of rule H. Res. 775. (consideration: CR H8975-8991)House floor actions
2014-07-17FloorHeld at the desk.House floor actions
2014-07-17FloorMessage on Senate action sent to the House.Senate
2014-07-17FloorReceived in the House.House floor actions
2014-07-17VotePassed Senate with amendments by Yea-Nay Vote. 93 - 4. Record Vote Number: 231. (text: CR S4589-4595)Senate
2014-07-17FloorThe committee reported amendments are agreed to by Unanimous Consent and considered as original text. (text of measure as reported in Senate: CR S4574-4575)Senate
2014-07-17FloorMeasure laid before Senate by unanimous consent. (consideration: CR S4574-4595)Senate
2014-07-10FloorMotion to proceed to consideration of measure made in Senate. (consideration: CR S4367, S4384)Senate
2014-07-09FloorMotion to proceed to consideration of measure made in Senate. (consideration: CR S4298-4324)Senate
2014-06-26FloorBy Senator Johnson SD, from Committee on Banking, Housing, and Urban Affairs filed written report. Report No. 113-199.Senate
2014-06-23CalendarsPlaced on Senate Legislative Calendar under General Orders. Calendar No. 438.Senate
2014-06-23CommitteeCommittee on Banking, Housing, and Urban Affairs. Reported by Senator Johnson SD, with amendments. Without written report.Senate
2014-06-03CommitteeCommittee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment favorably.Senate
2014-04-10IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2014-04-10IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative law and regulatory procedures
  • Advisory bodies
  • Banking and financial institutions regulation
  • Business records
  • Civil actions and liability
  • Commodities markets
  • Congressional oversight
  • Consumer affairs
  • Criminal justice information and records
  • Department of the Treasury
  • Disaster relief and insurance
  • Federal Reserve System
  • Federal officials
  • Federal preemption
  • Financial services and investments
  • Government corporations and government-sponsored enterprises
  • Government studies and investigations
  • Insurance industry and regulation
  • Licensing and registrations
  • Life, casualty, property insurance
  • Performance measurement
  • Securities
  • Small business
  • State and local government operations
  • Terrorism

Related Bills

See Related Bills