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 Date | Type | Text | Source |
---|---|---|---|
2014-12-11 | Floor | Message on House action received in Senate and at desk: House amendment to Senate bill. | Senate |
2014-12-10 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
2014-12-10 | Vote | On passage Passed by the Yeas and Nays: 417 - 7 (Roll no. 557). (text: CR H8975-8982) | House floor actions |
2014-12-10 | Floor | The previous question was ordered pursuant to the rule. (consideration: CR H8991) | House floor actions |
2014-12-10 | Floor | DEBATE - The House proceeded with one hour of debate on S. 2244. | House floor actions |
2014-12-10 | Floor | Resolution provides for consideration of S. 2244; provides suspension authority; and provides for proceedings through Jan. 3, 2015. | House floor actions |
2014-12-10 | Floor | Considered under the provisions of rule H. Res. 775. (consideration: CR H8975-8991) | House floor actions |
2014-07-17 | Floor | Held at the desk. | House floor actions |
2014-07-17 | Floor | Message on Senate action sent to the House. | Senate |
2014-07-17 | Floor | Received in the House. | House floor actions |
2014-07-17 | Vote | Passed Senate with amendments by Yea-Nay Vote. 93 - 4. Record Vote Number: 231. (text: CR S4589-4595) | Senate |
2014-07-17 | Floor | The 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 |
2014-07-17 | Floor | Measure laid before Senate by unanimous consent. (consideration: CR S4574-4595) | Senate |
2014-07-10 | Floor | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4367, S4384) | Senate |
2014-07-09 | Floor | Motion to proceed to consideration of measure made in Senate. (consideration: CR S4298-4324) | Senate |
2014-06-26 | Floor | By Senator Johnson SD, from Committee on Banking, Housing, and Urban Affairs filed written report. Report No. 113-199. | Senate |
2014-06-23 | Calendars | Placed on Senate Legislative Calendar under General Orders. Calendar No. 438. | Senate |
2014-06-23 | Committee | Committee on Banking, Housing, and Urban Affairs. Reported by Senator Johnson SD, with amendments. Without written report. | Senate |
2014-06-03 | Committee | Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment favorably. | Senate |
2014-04-10 | IntroReferral | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
2014-04-10 | IntroReferral | Introduced in Senate | Library of Congress |