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H.R.4772 / 108th Congress

Terrorism Risk Insurance Program Extension Act of 2004

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

Official summary

Version 00 · Introduced in House · Jul 7, 2004

Terrorism Risk Insurance Program Extension Act of 2004 - Amends the Terrorism Risk Insurance Act of 2002 to extend the terrorism risk insurance program through December 31, 2008.

Restricts "insured loss" with respect to the Final Program Year to certain losses covered by property and casualty insurance issued before January 1, 2008, and expiring not later than December 31, 2008.

Sets forth an insurer deductible that is the value of an insurer's direct earned premiums multiplied by 15 percent for Program Years 3, 4, and 5, and for the Final Program Year.

Redefines "insured loss" to include group life insurance coverage.

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Who introduced it

Rep. Capuano, Michael E. [D-MA-8] · D–MA

Committees

  • Financial Services Committee
75 cosponsorship records, including any withdrawals

Actions

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

  2. Referred to the House Committee on Financial Services.

  3. Introduced in House

  4. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

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Source last updated: Aug 18, 2025. Consult Congress.gov for the current record.

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Objective

Analyze H.R.4772 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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Fairness and public impact

Progressive lens

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Institutions and government scope

Conservative lens

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Individual rights and government power

Liberty lens

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