House Passes Alternative Terror Bill As Expiration Looms

WASHINGTON--House Democrats, in a move characterized by a Republican member as "futile," passed and sent to the Senate a new bill to extend the federal terrorism risk insurance backstop for seven years

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WASHINGTON–House Democrats, in a move characterized by a Republican member as “futile,” passed and sent to the Senate a new bill to extend the federal terrorism risk insurance backstop for seven years, restoring provisions not included in the Senate’s more modest version.

The vote on the House bill was 303-116.

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