Washington–The likelihood that some of the more controversial provisions of House legislation extending the Terrorism Risk Insurance Act will make it into law was reduced today when the House Judiciary Committee was given jurisdiction.
Before today's move, it had been expected that the House would vote early next week on the TRIA extension bill reported out of the House Financial Services Committee just before Thanksgiving by a 64-3 vote.
However, the bill's move to Judiciary will delay House action and reduce the time for some of the bill's more controversial elements to be reconciled with a much simpler Senate version supported by the White House.
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