116TH CONGRESS 

1ST SESSION H. R. 4634 

AN ACT 

To reauthorize the Terrorism Risk Insurance Act of 2002, 

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, 
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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Terrorism Risk Insur3 ance Program Reauthorization Act of 2019’’. 

4 SEC. 2. 7-YEAR EXTENSION OF TERRORISM RISK INSUR5 ANCE PROGRAM. 

6 (a) TERMINATION DATE.—Section 108(a) of the Ter7 rorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) 

8 is amended by striking ‘‘2020’’ and inserting ‘‘2027’’. 

9 (b) TIMING OF MANDATORY RECOUPMENT.—Section 

10 103(e)(7)(E)(i) of the Terrorism Risk Insurance Act of 

11 2002 (15 U.S.C. 6701 note) is amended— 

12 (1) in subclause (I)— 

13 (A) by striking ‘‘2017’’ and inserting 

14 ‘‘2022’’; and 

15 (B) by striking ‘‘2019’’ and inserting 

16 ‘‘2024’’; 

17 (2) in subclause (II)— 

18 (A) by striking ‘‘2018’’ and inserting 

19 ‘‘2023’’; 

20 (B) by striking ‘‘2019’’ and inserting 

21 ‘‘2024’’; and 

22 (C) by striking ‘‘2024’’ and inserting 

23 ‘‘2029’’; and 

24 (3) in subclause (III)— 

25 (A) by striking ‘‘2019’’ and inserting 

26 ‘‘2024’’; and 
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1 (B) by striking ‘‘2024’’ and inserting 

2 ‘‘2029’’. 

3 (c) ONGOING REPORTS REGARDING MARKET CONDI4 TIONS FOR TERRORISM RISK INSURANCE.—Paragraph 

5 (2) of section 104(h) of the Terrorism Risk Insurance Act 

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

7 (1) by redesignating subparagraphs (B) 

8 through (E) as subparagraphs (C) through (F), re9 spectively; and 

10 (2) by inserting after subparagraph (A) the fol11 lowing new subparagraph: 

12 ‘‘(B) an evaluation of the availability and 

13 affordability of terrorism risk insurance, which 

14 shall include an analysis of such availability and 

15 affordability specifically for places of worship;’’. 

16 (d) STUDY AND REPORT ON CYBER TERRORISM.— 

17 Not later than the expiration of the 180-day period begin18 ning on the date of the enactment of this Act, the Comp19 troller General of the United States shall conduct a study 

20 and report to the Committee on Financial Services of the 

21 House of Representatives and the Committee on Banking, 

22 Housing, and Urban Affairs of the Senate, which shall— 

23 (1) analyze and address— 

24 (A) overall vulnerabilities and potential 

25 costs of cyber attacks to the United States pub-
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1 lic and private infrastructure that could result 

2 in physical or digital damage; 

3 (B) whether State-defined cyber liability 

4 under a property and casualty line of insurance 

5 is adequate coverage for an act of cyber ter6 rorism; 

7 (C) whether such risks can be adequately 

8 priced by the private market; and 

9 (D) whether the current risk-share system 

10 under the Terrorism Risk Insurance Act of 

11 2002 is appropriate for a cyber terrorism event; 

12 and 

13 (2) set forth recommendations on how the Con14 gress could amend such Act to meet the next genera15 tion of cyber threats. 

16 SEC. 3. DETERMINATION OF BUDGETARY EFFECTS. 

17 The budgetary effects of this Act, for the purpose of 

18 complying with the Statutory Pay-As-You-Go-Act of 2010, 

19 shall be determined by reference to the latest statement 

20 titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this 

21 Act, submitted for printing in the Congressional Record 

22 by the Chairman of the House Budget Committee, pro-
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1 vided that such statement has been submitted prior to the 

2 vote on passage. 

Passed the House of Representatives November 18, 

2019. 

Attest: 

Clerk. 
116TH CONGRESS 

1ST SESSION H. R. 4634 

AN ACT 

To reauthorize the Terrorism Risk Insurance Act of 

2002, and for other purposes.