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TREAS/DO RIN: 1505-AB93 Publication ID: Fall 2008 
Title: Terrorism Risk Insurance Program Reauthorization Act of 2007 Implementation 
Abstract: As the statutorily authorized administrator of the Terrorism Risk Insurance Program, Treasury is issuing interim final regulations to implement the Program. On December 26, 2007, the President signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2007, extending the Program until December 31, 2014, revising the definition of "act of terrorism," and containing other new statutory requirements which were effective immediately. On January 29, 2008, pending the issuance of regulations, interim guidance was published in the Federal Register to assist insurers and others in complying with the Program’s mandatory availability requirements and disclosure notice requirements. This rule addresses the same requirements previously addressed in the interim guidance and also conforms Program regulations with the already effective statutory changes to the definitions of "act of terrorism," "Program Years," and "insurer deductible" and the calculation of the Federal share of insured losses. 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 31 CFR 50   
Legal Authority: 5 USC 301    Terrorism Risk Insurance Act of 2002, PL 107-297, 116 Stat 2322    Terrorism Risk Insurance Extension Act of 2005, PL 109-144, 119 Stat 2660    Terrorism Risk Insurance Program Reauthorization Act of 2007, PL 110-160, 121 Stat 1839   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  09/16/2008  73 FR 53359   
Interim Final Rule Comment Period End  10/16/2008    
Final Action  12/00/2008    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Howard Leikin
Deputy Director
Department of the Treasury
Departmental Offices
Office of Financial Institutions, Terrorism Risk Insurance Program, 1425 New York Avenue NW.,
Washington, DC 20220
Phone:202 622-6770
Email: howard.leikin@do.treas.gov