Pub. L. 109-144, sec. 5 (as amended)
AGGREGATE RETENTION AMOUNTS AND RECOUPMENT OF FEDERAL SHARE.
SEC. 5. AGGREGATE RETENTION AMOUNTS AND RECOUPMENT OF FEDERAL SHARE.
(a) Aggregate Retention Amounts.—Section 103(e)(6) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note; 116 Stat. 2329) is amended—
(1) in subparagraph (B), by striking “and” at the end;
(2) in subparagraph (C), by striking the period at the end and inserting a semicolon; and
(3) by adding at the end the following:
“(D) for Program Year 4, the lesser of—
“(i) $25,000,000,000; and
“(ii) the aggregate amount, for all insurers, of insured losses during such Program Year; and
“(E) for Program Year 5, the lesser of—
“(i) $27,500,000,000; and
“(ii) the aggregate amount, for all insurers, of insured losses during such Program Year.”
.
(b) Recoupment of Federal Share.—Section 103(e)(7) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note; 116 Stat. 2329) is amended—
(1) in subparagraph (A), by striking “, (B), and (C)” and inserting “through (E)”; and
(2) in each of subparagraphs (B) and (C), by striking “subparagraph (A), (B), or (C)” each place that term appears and inserting “any of subparagraphs (A) through (E)”.