Sentences with phrase «tria reauthorization bill»
On Friday, June 20th, the House Financial Services Committee approved Rep. Randy Neugebauer's (R - TX) TRIA Reauthorization bill, H.R. 4871, by a vote of 32 to 27.
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Unfortunately, despite a bipartisan reauthorization bill, the United States Senate failed to renew the Terrorism Risk Insurance Act (TRIA) due to non-TRIA related provisions in the legislation.
Several bills have been introduced in the House to renew TRIA, and the Senate introduced one in early April; the next step will be a bill from the House Financial Services Committee, followed by markup hearings in May and possible passage of a reauthorization measure as early as this summer.