The New York City Council Committee on State and Federal Legislation on June 17 proposed a resolution supporting the extension of the Terrorism Risk Insurance Act.

Resolution (Res 1806-2013) urges Congress to protect the economic interests of New Yorkers and Americans by extending the Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIA).

The full city council is expected to act on the measure in coming weeks. The resolution was sponsored by Christine C. Quinn, City Council president, who is from Manhattan; Helen D. Foster, representing the Bronx; and Domenic M. Recchhia, Jr., representing Brooklyn.

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