H.R. 1945 was introduced by the Ranking Member of the House Homeland Security Committee Bennie Thompson (D-MS) on May 9, 2013. The bill expands the Department of Homeland Security's (DHS) authority to oversee the program and makes additional DHS security enhancements, particularly with respect to cyber-security. As a result, the bill has been referred to both the House Financial Services Committee and House Homeland Security, where it was referred to the Subcommittee on Cyber security, Infrastructure Protection, and Security Technologies. Currently, the bill has five cosponsors, all Democrats.

Extends the TRIA program 10 years, through December 31, 2024.
Requires the Treasury to collect premiums by September 30, 2024.
Requires reports in 2013, 2017, 2020, and 2023 on the findings of the Working Group pursuant to an ongoing analysis regarding the long-term availability and affordability of insurance for terrorism risk.
Introduces a new section, that would require the Secretary of DHS to provide insureds under the program, through the Secretary of the Treasury, with timely information, including appropriately classified terrorism risk information and information on best practices, to "foster resilience" to a terrorist act.
Requires the Secretary of DHS to conduct research to determine the extent to which such insureds, particularly insureds in critical infrastructure sectors, incorporate such best practices information into their business operations.
Revises the definition of an "act of terrorism" to mean any act that is certified as meeting the specified criteria for such an act by the Secretary of Homeland Security, in concurrence with the Secretary of the Treasury (currently, by the Secretary of the Treasury in concurrence with the Secretary of State)—essentially transferring this responsibility from the Secretary of State to the Secretary of Homeland Security.

Terrorism Risk Insurance Program Reauthorization Act of 2013 (H.R. 2146)

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The Challenges of TRIA Reauthorization

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