WASHINGTON–The House, despite angry objections from some members, voted today to approve the Senate version of legislation extending the federal backstop on terrorism insurance for seven years.
Passage came on a 360-53 vote. On the losing side were 50 Republicans and three Democrats.
As passed by the House, H.R. 2761–The Terrorism Risk Insurance Program Reauthorization Act of 2007–effectively extends the current program through 2014 and adds coverage of domestic terrorist events.
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