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National Terrorism Reinsurance Fund Act

Introduced: November 29, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 17, 2002
Sponsor introductory remarks on measure. (CR S5626-5627)
Nov 29, 2001
Read twice and referred to the Committee on Commerce, Science, and Transportation. (text of measure as introduced: CR S12163-12166)
Nov 29, 2001
Sponsor introductory remarks on measure. (CR S12163)
Nov 29, 2001
Introduced in Senate
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

AmendmentSponsorPurposeStatusLatest action
SAMDT 2,172 – – Pending Nov 29, 2001
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 Plain-English summary Congressional Research Service
National Terrorism Reinsurance Fund Act - Directs the Secretary of Commerce to establish: (1) a reinsurance program for participating insurers for losses due to acts of terrorism; (2) a National Terrorism Reinsurance Fund (including minimum underwriting standards for participating insurers); and (3) a special committee to monitor terrorism insurance rates.

Prescribes guidelines under which the Fund shall provide reinsurance for losses resulting from acts of terrorism covered by reinsurance contracts between the Fund and participating insurers.

Requires the Secretary to determine if a loss is attributable to terrorism.

Mandates: (1) coverage by property and casualty insurers for acts of terrorism; and (2) State credit for reinsurance obtained by an insurer from the Fund.

Exempts the Fund from State, Federal and local taxes; and State laws pertaining to the insurance industry (other than State unfair trade practice laws).

What's happening now June 17, 2002

Sponsor introductory remarks on measure. (CR S5626-5627)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Wyden, Ron
Oregon · Nov 29, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1743: National Terrorism Reinsurance Fund Act. 107th Congress. Open America. https://openamerica.io/bill/107-S-1743/
MLA
"S. 1743: National Terrorism Reinsurance Fund Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-1743/.
Bluebook (legal)
S. 1743, 107th Cong. (2026), https://openamerica.io/bill/107-S-1743/.
Markdown link
[S. 1743: National Terrorism Reinsurance Fund Act](https://openamerica.io/bill/107-S-1743/)
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