H.R.2761: Terrorism Risk Insurance Program Reauthorization Act of 2007

Referred to the House Committee on Financial Services.

Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Subcommittee Consideration and Mark-up Session Held.

Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 26 - 17 .

Ordered to be Reported (Amended) by the Yeas and Nays: 49 - 20.

Committee Consideration and Mark-up Session Held.

Reported (Amended) by the Committee on Financial Services. H. Rept. 110-318.

Placed on the Union Calendar, Calendar No. 201.

Rules Committee Resolution H. Res. 660 Reported to House. Rule provides for consideration of H.R. 2761 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill except clauses 9 and 10 of Rules XXI. The rule provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in Part A of this report, shall be considered as adopted.

Rule H. Res. 660 passed House.

Considered under the provisions of rule H. Res. 660.

Rule provides for consideration of H.R. 2761 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order. All points of order against consideration of the bill except clauses 9 and 10 of Rules XXI. The rule provides that the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in Part A of this report, shall be considered as adopted.

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 660 and Rule XVIII.

The Speaker designated the Honorable Steve Israel to act as Chairman of the Committee.

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 2761.

DEBATE - Pursuant to the provisions of H. Res. 660, the Committee of the Whole proceeded with 10 minutes of debate on the Frank amendment.

POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Pearce demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the Frank amendment until later in the legislative day.

DEBATE - Pursuant to the provisions of H. Res. 660, the Committee of the Whole proceeded with 10 minutes of debate on the Pearce amendment.

POSTPONED PROCEEDINGS - At the conclusion of debate on the Pearce amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Pearce demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the Pearce amendment until later in the legislative day.

UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 2761.

The previous question was ordered pursuant to the rule.

The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.

Mr. Dreier moved to recommit with instructions to Financial Services.

Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Dreier motion to recommit with instructions.

The previous question on the motion to recommit with instructions was ordered without objection.

On motion to recommit with instructions Failed by the Yeas and Nays: 196 - 228 (Roll no. 883).

On passage Passed by the Yeas and Nays: 312 - 110 (Roll no. 884).

Motion to reconsider laid on the table Agreed to without objection.

The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2761.

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

Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.

Measure laid before Senate by unanimous consent.

Passed Senate with an amendment by Unanimous Consent.

Message on Senate action sent to the House.

Mr. Ackerman moved that the House suspend the rules and agree to the Senate amendment.

DEBATE - The House proceeded with forty minutes of debate on H.R. 2761.

On motion that the House suspend the rules and agree to the Senate amendment Agreed to by the Yeas and Nays: (2/3 required): 360 - 53 (Roll no. 1178).

Motion to reconsider laid on the table Agreed to without objection.

Cleared for White House.

Presented to President.

Signed by President.

Became Public Law No: 110-160.