Fast-track passage of the “TRIA Program Reauthorization Act of 2026” (HR 7128)

The bill

TRIA Program Reauthorization Act of 2026

Topic: Finance and Financial Sector

What the bill does

This bill reauthorizes the Terrorism Risk Insurance Program through 2034. The program covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for terrorism risk. The bill also increases the amount of property and casualty insurance losses required for certification under the program beginning in 2029 and provides statutory authority for Department of the Treasury public notification requirements regarding the determination process for whether an act qualifies as an act of terrorism under this program.

Source: Congressional Research Service summary

Bill on congress.gov(opens in a new tab)