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H.R.4634 / 108th Congress

Terrorism Insurance Backstop Extension Act of 2004

Placed on the Union Calendar, Calendar No. 478.

Official summary

Version 00 · Introduced in House · Jun 22, 2004

Terrorism Insurance Backstop Extension Act of 2004 - Amends the Terrorism Risk Insurance Act of 2002 to define: (1) the term "Program Year 4" as the period from January 1, 2006, through December 31, 2006; and (2) the term "Program Year 5" as the period from January 1, 2007, through December 31, 2007 (thereby extending the terrorism risk insurance program from 2005 through 2007).

Sets a deadline for the Secretary of the Treasury to make a final determination regarding: (1) the availability of group life insurance to both insurers and consumers; and (2) whether certain provisions of the Act shall be applied to providers of group life insurance.

Sunsets the Terrorism Risk Insurance Program after December 31, 2007.

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Who introduced it

Rep. Sessions, Pete [R-TX-32] · R–TX

Committees

  • Financial Services Committee
100 cosponsorship records, including any withdrawals

Actions

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  1. Placed on the Union Calendar, Calendar No. 478.

  2. Reported (Amended) by the Committee on Financial Services. H. Rept. 108-780.

  3. Reported (Amended) by the Committee on Financial Services. H. Rept. 108-780.

  4. Ordered to be Reported (Amended) by Voice Vote.

  5. Committee Consideration and Mark-up Session Held.

  6. Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

  7. Referred to the House Committee on Financial Services.

  8. Introduced in House

  9. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.

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Objective

Analyze H.R.4634 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Progressive lens

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Individual rights and government power

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