Policy Issues

Roundtable Supports the Terrorism Risk Insurance Program Reauthorization Act of 2019 (H.R. 4634)

November 18, 2019

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The Real Estate Roundtable is pleased to support the Terrorism Risk Insurance Program Reauthorization Act of 2019 (H.R. 4634), and urges all members of the House to vote in favor of this important legislation. We are grateful for your leadership in bringing this important legislation to the House floor in a timely manner.

H.R. 4634 provides a seven-year reauthorization of TRIA, and requires an examination of the evolving risk of cyber terrorism, as well as the impact of the program on places of worship. This legislation recognizes the critical importance of ensuring the TRIA backstop remains in place, while keeping an eye on evolving risks and potential market impacts.