Sec. 5. AGGREGATE RETENTION AMOUNTS AND RECOUPMENT OF FEDERAL SHARE
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## 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)”.
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- 116 Stat. 2329
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