Page:United States Statutes at Large Volume 121.djvu/1860

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[121 STAT. 1839]
[121 STAT. 1839]
PUBLIC LAW 110-000—MMMM. DD, 2007

PUBLIC LAW 110–160—DEC. 26, 2007

121 STAT. 1839

Public Law 110–160 110th Congress An Act To extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

(a) SHORT TITLE.—This Act may be cited as the ‘‘Terrorism Risk Insurance Program Reauthorization Act of 2007’’. (b) TABLE OF CONTENTS.—The table of contents for this Act is as follows: Sec. Sec. Sec. Sec. Sec.

1. 2. 3. 4. 5.

Dec. 26, 2007 [H.R. 2761] Terrorism Risk Insurance Program Reauthorization Act of 2007. 15 USC 6701 note.

Short title; table of contents. Definition of act of terrorism. Reauthorization of the Program. Annual liability cap. Enhanced reports to Congress.

SEC. 2. DEFINITION OF ACT OF TERRORISM.

Section 102(1)(A)(iv) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking ‘‘acting on behalf of any foreign person or foreign interest’’. SEC. 3. REAUTHORIZATION OF THE PROGRAM.

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(a) TERMINATION DATE.—Section 108(a) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking ‘‘2007’’ and inserting ‘‘2014’’. (b) ADDITIONAL PROGRAM YEARS.—Section 102(11) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by adding at the end the following: ‘‘(G) ADDITIONAL PROGRAM YEARS.—Except when used as provided in subparagraphs (B) through (F), the term ‘Program Year’ means, as the context requires, any of Program Year 1, Program Year 2, Program Year 3, Program Year 4, Program Year 5, or any of calendar years 2008 through 2014.’’. (c) CONFORMING AMENDMENTS.—The Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended— (1) in section 102(7)(F)— (A) by inserting ‘‘and each Program Year thereafter’’ before ‘‘, the value’’; and (B) by striking ‘‘preceding Program Year 5’’ and inserting ‘‘preceding that Program Year’’; (2) in section 103(e)(1)(A), by inserting ‘‘and each Program Year thereafter’’ after ‘‘Year 5’’; (3) in section 103(e)(1)(B)(ii), by inserting before the period at the end ‘‘and any Program Year thereafter’’;

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15 USC 6701 note.

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