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TREAS/DO RIN: 1505-AC53 Publication ID: Fall 2016 
Title: Terrorism Risk Insurance Program 
Abstract:

The Department of the Treasury is issuing these proposed rules to implement changes to the Terrorism Risk Insurance Program (TRIP or Program) required by the Terrorism Risk Insurance Program Reauthorization Act of 2015. In addition, Treasury proposes for the first time a Civil Penalties rule under TRIP, pursuant to authority granted by Congress in the Terrorism Risk Insurance Act of 2002. Treasury proposes adoption, with certain minor changes, of a previously proposed rule addressing the Final Netting of Payments. Finally, certain other changes are proposed to various sections of the prior rules in order to clarify certain matters, make technical and conforming changes, and to address changes required by the passage of time and other legislation.

 
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 
EO 13771 Designation: uncollected 
CFR Citation: 31 CFR 50   
Legal Authority: Pub. L. 114-1   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  04/01/2016  81 FR 18950   
NPRM Comment Period End  05/31/2016 
Final Rule  11/00/2016 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Richard Ifft
Senior Insurance Regulatory Policy Analyst
Department of the Treasury
Departmental Offices
1500 Pennsylvania Avenue NW.,
Washington, DC 20220
Phone:202 622-2922