I 

113TH CONGRESS 

1ST SESSION H. R. 1945 

To extend the Terrorism Risk Insurance Program of the Department of 

the Treasury for 10 years, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

MAY 9, 2013 

Mr. THOMPSON of Mississippi (for himself and Ms. JACKSON LEE) introduced 

the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

A BILL 

To extend the Terrorism Risk Insurance Program of the 

Department of the Treasury for 10 years, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Fostering Resilience 

5 to Terrorism Act of 2013’’. 

6 SEC. 2. CERTIFICATION OF ACTS OF TERRORISM. 

7 Section 102(1) of the Terrorism Risk Insurance Act 

8 of 2002 (15 U.S.C. 6701 note) is amended— 

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1 (1) in subparagraph (A), in the matter pre2 ceding clause (i), by striking ‘‘Secretary, in concur3 rence with’’ and inserting the following: ‘‘Secretary 

4 of Homeland Security, in concurrence with the Sec5 retary of the Treasury,’’; 

6 (2) in subparagraph (B), in the matter pre7 ceding clause (i), by striking ‘‘Secretary’’ and insert8 ing ‘‘Secretary of Homeland Security’’; and 

9 (3) in subparagraph (D), by striking ‘‘Sec10 retary’’ and inserting ‘‘Secretary of Homeland Secu11 rity’’. 

12 SEC. 3. 10-YEAR EXTENSION OF TERRORISM RISK INSUR13 ANCE PROGRAM. 

14 (a) PROGRAM YEARS.—Subparagraph (G) of section 

15 102(11) of the Terrorism Risk Insurance Act of 2002 (15 

16 U.S.C. 6701 note) is amended by striking ‘‘2014’’ and in17 serting ‘‘2024’’. 

18 (b) TIMING OF MANDATORY RECOUPMENT.—Sub19 clause (III) of section 103(e)(7)(E)(i) of the Terrorism 

20 Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is 

21 amended by striking ‘‘2017’’ and inserting ‘‘2024’’. 

22 (c) TERMINATION DATE.—Subsection (a) of section 

23 108 of the Terrorism Risk Insurance Act of 2002 (15 

24 U.S.C. 6701 note) is amended by striking ‘‘2014’’ and in25 serting ‘‘2024’’. 

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1 (d) ONGOING REPORTS REGARDING MARKET CONDI2 TIONS FOR TERRORISM RISK INSURANCE.—Paragraph 

3 (2) of section 108(e) of the Terrorism Risk Insurance Act 

4 of 2002 (15 U.S.C. 6701 note) is amended by striking 

5 ‘‘and 2013’’ and inserting ‘‘2013, 2017, 2020, and 2023’’. 

6 SEC. 4. HOMELAND SECURITY ENHANCEMENTS. 

7 (a) PROVISION OF INFORMATION TO INSUREDS.— 

8 Section 103 of the Terrorism Risk Insurance Act of 2002 

9 (15 U.S.C. 6701 note) is amended by adding at the end 

10 the following new subsection: 

11 ‘‘(j) PROVISION OF HOMELAND SECURITY INFORMA12 TION AND BEST PRACTICES TO INSUREDS.—The Sec13 retary of Homeland Security shall provide to insureds 

14 under the Program, through the Secretary of the Treas15 ury— 

16 ‘‘(1) timely homeland security information, in17 cluding terrorism risk information, at the appro18 priate classification level; and 

19 ‘‘(2) information on best practices to foster re20 silience to an act of terrorism.’’. 

21 (b) RESEARCH ON PROGRAM PARTICIPATION AND

22 BEST PRACTICES.—The Secretary of Homeland Security 

23 shall conduct research to determine the extent to which 

24 insureds participating in the Terrorism Risk Insurance 

25 Program under title I of the Terrorism Risk Insurance 

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1 Act of 2002 (15 U.S.C. 6701 note)—in particular, in2 sureds in critical infrastructure sectors as identified by 

3 such Secretary—incorporate information provided under 

4 section 103(j)(2) of such Act into business operations. Not 

5 later than the expiration of the 12-month period that be6 gins upon the Secretary of Homeland Security com7 mencing the provision of information pursuant to such 

8 section 103(j)(2), such Secretary shall submit a report re9 garding the findings of the research conducted under this 

10 subsection to the Committees on Homeland Security and 

11 Financial Services of the House of Representatives and 

12 the Committees on Homeland Security and Governmental 

13 Affairs and Banking, Housing, and Urban Affairs of the 

14 Senate. 

Æ 

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