Washington– The House Republican leadership has arranged for aWednesday vote on a bipartisan House version of legislationextending the federal backstop for terrorism insurance, industrylobbyists and congressional staff said.
The way was cleared for an extension of the Terrorism RiskInsurance Act under expedited procedures after the leadershipreached an agreement under which Judiciary Committee Chairman JamesSensenbrenner waived jurisdiction on the bill.
Late last week, Judiciary Committee officials said that thecommittee had been granted a sequential referral on the innovativelegislation extending the TRIA program passed by the HouseFinancial Services Committee Nov. 17 by a 64-3 vote.
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