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S. 2764 108th Congress Senate

Terrorism Risk Insurance Extension Act of 2004

Official title: A bill to extend the applicability of the Terrorism Risk Insurance Act of 2002.

Introduced: July 22, 2004 See on congress.gov
Finance and Financial Sector Casualty insuranceCoinsuranceCommerceCompensation (Law)
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CongressCongressional reporting requirementsCrime and Law EnforcementEBB TerrorismInsurance companiesLawLegislationLife insuranceLossesProperty insuranceTerrorism
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2004
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 22, 2004
Sponsor introductory remarks on measure. (CR S8752-8753)
Jul 22, 2004
Introduced in Senate
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 Latest action July 22, 2004

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

Terrorism Insurance Extension Act of 2004 - Amends the Terrorism Risk Insurance Act of 2002 (TRIA) to extend the terrorism risk insurance program from 2005 through 2007.

Repeals the condition on the authority of the Secretary of the Treasury to pay or adjust compensation for insured losses after termination of the program that limits such losses to those arising from an act of terrorism occurring only during the period in which the program was in effect.

Defines "Program Year 4" as calendar 2006 and "Program Year 5" as calendar 2007.

Increases the insurance marketplace aggregate retention amount for Program Years 4 and 5.

Directs the Secretary to apply TRIA to providers of group life insurance.

Instructs the Presidential Working Group on Financial Markets to report to Congress its recommendations for legislation to address the long-term availability and affordability of insurance for terrorism risk.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Republican 1
R
Crapo, Mike
Idaho · Jul 22, 2004
 D
Reed, Jack
Rhode Island · Jul 22, 2004
 D
Schumer, Charles E.
New York · Jul 22, 2004
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2764: Terrorism Risk Insurance Extension Act of 2004. 108th Congress. Open America. https://openamerica.io/bill/108-S-2764/
MLA
"S. 2764: Terrorism Risk Insurance Extension Act of 2004." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-S-2764/.
Bluebook (legal)
S. 2764, 108th Cong. (2026), https://openamerica.io/bill/108-S-2764/.
Markdown link
[S. 2764: Terrorism Risk Insurance Extension Act of 2004](https://openamerica.io/bill/108-S-2764/)
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