WASHINGTON—There appears to be no momentum for Houseaction on legislation reauthorizing the federal backstop onterrorism risk insurance during the current two-week session.

The current version of the Terrorism Risk Insurance Act sunsetsDec. 31. But, Congress is expected to be out of session from Sept.19th until after the mid-term elections.

R.J. Lehmann, editor-in-chief and a senior fellow of the RStreet Institute, a conservative Washington think-tank, said HouseRepublicans appear to have been unable to secure enough votes topush through legislation reported to the floor by the HouseFinancial Services Committee in July over the next two weeks.

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