David McCormick (R-PA)

S.Amdt. 5879

S.Amdt. 5879 · Senate amendment

A Republican amendment with 3 Democratic cosponsors · See all 5 cosponsors

Changes S. 4784 — National Defense Authorization Act for Fiscal Year 2027

Offered

Offered, and not voted on yet. Most amendments never get a vote: the Senate takes up the bill and moves on without them.

Its path through Congress

  1. Introduced
  2. Pending Consideration

What this amendment would do

This amendment, submitted by Mr. McCORMICK and others, aims to add a section to bill S. 4784 focused on a 7-year extension of the Terrorism Risk Insurance Program.

The amendment proposes the following changes:

  • Termination Date: It changes the termination date in Section 108(a) of the Terrorism Risk Insurance Act of 2002 from 2027 to 2034.

  • Mandatory Recoupment: It updates several dates regarding the timing of mandatory recoupment in Section 103(e)(7)(E)(i) of the Terrorism Risk Insurance Act of 2002, specifically:

    • Replacing 2022 with 2029.
    • Replacing 2024 with 2031.
    • Replacing 2023 with 2030.
    • Replacing 2029 with 2036.