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Statement from Kathryn Wylde, President & CEO of the Partnership for New York City, on the House of Representatives Passage of the Terrorism Risk Insurance Reauthorization Act (TRIA)

“I want to thank Speaker Boehner and the House of Representatives for displaying true bipartisanship by passing the Terrorism Risk Insurance Reauthorization Act, as well as Senator Schumer for his leadership on this issue. TRIA is important to the business community in New York City and throughout the nation as it allows employers and property owners to manage the risk of terrorism so that investments in American companies and enterprises can continue. With our economy finally starting to heat up, this critical public-private partnership arrangement makes continued growth possible. We urge the Senate to pass this important piece of legislation as swiftly as the House.”

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About the Partnership for New York City:

The Partnership for New York City’s mission is to engage the business community in efforts to advance the economy of New York City and maintain the city’s position as the center of world commerce, finance and innovation. Through the Partnership Fund for New York City, the Partnership contributes directly to projects that create jobs, improve economically distressed communities and stimulate new business creation.