TRIA Program Reauthorization Act of 2026

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7128 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 7128

To extend the Terrorism Risk Insurance Program, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 16, 2026

  Mr. Flood (for himself and Mr. Garbarino) introduced the following 
    bill; which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To extend the Terrorism Risk Insurance Program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``TRIA Program Reauthorization Act of 
2026''.

SEC. 2. EXTENSION.

    Section 108(a) of the Terrorism Risk Insurance Act of 2002 (15 
U.S.C. 6701 note) is amended by striking ``2027'' and inserting 
``2034''.

SEC. 3. IMPROVEMENTS TO CERTIFICATION PROCESS.

    Section 102(1) of the Terrorism Risk Insurance Act of 2002 (15 
U.S.C. 6701 note) is amended--
            (1) in subparagraph (B)--
                    (A) in clause (i), by striking ``or'' at the end;
                    (B) in clause (ii), by striking ``$5,000,000.'' and 
                inserting ``$25,000,000; or''; and
                    (C) by adding at the end the following:
                            ``(iii) the Secretary did not certify such 
                        act as an act of terrorism before the 
                        expiration of the 90-day period following the 
                        publication of a notice in the Federal Register 
                        under subparagraph (D)(i).''; and
            (2) by striking subparagraph (D) and inserting the 
        following:
                    ``(D) Notice requirements.--
                            ``(i) In general.--The Secretary shall, not 
                        later than 30 days after beginning the process 
                        of determining whether to certify an act as an 
                        act of terrorism, publish a notice in the 
                        Federal Register that informs the public that 
                        the Secretary is in the process of determining 
                        whether to certify an act as an act of 
                        terrorism.
                            ``(ii) Additional notice permitted.--The 
                        Secretary may, as the Secretary determines 
                        appropriate, notify the public, through 
                        publication in the Federal Register, or 
                        otherwise, that an act is not being evaluated 
                        by the Secretary to determine whether it should 
                        be certified as an act of terrorism.''.

SEC. 5. TECHNICAL AMENDMENTS.

    (a) In General.--Section 103(e)(7)(E)(i) of the Terrorism Risk 
Insurance Act of 2002 (15 U.S.C. 6701 note) is amended--
            (1) in subclause (I)--
                    (A) by striking ``2022'' and inserting ``2029''; 
                and
                    (B) by striking ``2024'' and inserting ``2031'';
            (2) in subclause (II)--
                    (A) by striking ``2023'' and inserting ``2030'';
                    (B) by striking ``2029'' and inserting ``2036''; 
                and
                    (C) by striking ``2024'' and inserting ``2031''; 
                and
            (3) in subclause (III)--
                    (A) by striking ``2029'' and inserting ``2036''; 
                and
                    (B) by striking ``2024'' and inserting ``2031''.
    (b) Clarification.--The Terrorism Risk Insurance Act of 2002 (15 
U.S.C. 6701 note) is amended by striking ``Terrorism Insurance 
Program'' each place it appears and inserting ``Terrorism Risk 
Insurance Program''.
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