S.1743: National Terrorism Reinsurance Fund Act

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about congress
  • Introduced Nov. 29, 2001
  • Latest Major Action June 17, 2002

Bill Cosponsors

2 (All Democrats)

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Sponsor introductory remarks on measure.
Nov. 29, 2001

Introduced in the Senate by Ernest F. Hollings (D-S.C.)

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