NAR Letter to HFSC Chair Waters and Ranking Member McHenry Regarding TRIP Reauthorization HR 4634
Issue Date: October 29, 2019
US HR 4634 - Terrorism Risk Insurance Program Reauthorization Act of 2019
On October 30, NAR sent a letter to Chairwoman Waters, Ranking Member McHenry and the members of the U.S. House Committee on Financial Services. The letter expresses NAR’s support for H.R. 4634, the “Terrorism Risk Insurance Program Reauthorization Act of 2019,” introduced by Chairwoman Waters. This bipartisan legislation would extend the Terrorism Risk Insurance Program (TRIP) for ten years, providing stability to the current system which has successfully kept terrorism insurance available and affordable since 2002.