Skip to main content
HR 1945 113th Congress House Finance and Financial Sector Administrative law and regulatory procedures Congressional oversight Department of Homeland Security Department of the Treasury Disaster relief and insurance Government information and archives Government studies and investigations Homeland security Insurance industry and regulation Life, casualty, property insurance Terrorism

Fostering Resilience to Terrorism Act of 2013

Introduced: May 9, 2013 Introduced by: Thompson, Bennie G. Democratic · Mississippi See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 29, 2013
Referred to the Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies.
May 9, 2013
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.
May 9, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Fostering Resilience to Terrorism Act of 2013 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of an "act of terrorism" to mean any act that is certified as meeting the specified criteria for such an act by the Secretary of Homeland Security (DHS), in concurrence with the Secretary of the Treasury (currently, by the Secretary of the Treasury in concurrence with the Secretary of State).

Extends the Terrorism Insurance Program until December 31, 2024 (under current law the Program expires on December 31, 2014).

Requires reports in 2017, 2020, and 2030 on the findings of the President's Working Group on Financial Markets pursuant to an ongoing analysis regarding the long-term availability and affordability of insurance for terrorism risk.

Directs the DHS Secretary to: (1) provide to insureds under the Program, through the Secretary of the Treasury, timely homeland security information, including terrorism risk information, at the appropriate classification level and information on best practices to foster resilience to a terrorist act; and (2) conduct research to determine the extent to which such insureds, particularly insureds in critical infrastructure sectors, incorporate such best practices information into their business operations.

What's happening now May 29, 2013

Referred to the Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies.

 Committees of jurisdiction 3
 Cosponsors 3
All 3 Democratic 3