TRIA Program Reauthorization Act of 2026
This bill extends a federal safety net through 2034 that helps commercial insurance companies cover catastrophic losses after a terrorist attack, keeping terrorism insurance available and affordable for businesses. Beginning in 2029, an attack must cause at least $10 million in damages—double the current $5 million minimum—before federal financial backing can be triggered. It also sets strict public deadlines for federal officials to decide whether an attack qualifies, giving property owners and insurers faster certainty on claim payouts.
What this bill touches.
Who it helps · who it burdens.
Who it helps
- Commercial property and casualty insurersMaintains the federal backstop and reinsurance sharing for certified acts of terrorism for an additional seven years, through December 31, 2034 (Sec. 2).
- Commercial property and casualty policyholdersDelays by seven years the statutory collection deadlines for mandatory federal recoupment surcharges imposed following federal terrorism insurance payouts (Sec. 5(a)).
Who it burdens
- Department of the TreasuryMust publish public notices within 30 days of initiating a terrorism review, finalize certification decisions within 90 days (or up to 365 days following damage), and submit annual reports detailing and explaining all certification decisions (Sec. 3, Sec. 4).
- Commercial property and casualty insurersCannot access the federal terrorism insurance backstop for acts causing between $5 million and $10 million in aggregate insurance losses occurring in 2029 or later, as the certification threshold doubles to $10 million (Sec. 3(1)(B)).
The provisions, in plain language.
Show all 5 provisions
Extends the federal Terrorism Risk Insurance Program for seven years, through December 31, 2034.
Raises the minimum insurance loss required for an incident to qualify as a certified act of terrorism from $5 million to $10 million, starting in 2029.
Requires the Secretary of the Treasury to publicly announce within 30 days when reviewing an incident for terrorism certification, and sets a 90-day deadline (extendable up to one year after the incident) to issue a final, binding certification before the authority to certify it expires.
Requires the Treasury's annual terrorism insurance report to list every evaluated incident from the prior year and explain why it was or was not certified as terrorism.
Pushes back by seven years the deadlines for the federal government to collect mandatory policy surcharges to recoup federal terrorism insurance payouts.
Extends the federal Terrorism Risk Insurance Program for seven years, through December 31, 2034.
Raises the minimum insurance loss required for an incident to qualify as a certified act of terrorism from $5 million to $10 million, starting in 2029.
Requires the Secretary of the Treasury to publicly announce within 30 days when reviewing an incident for terrorism certification, and sets a 90-day deadline (extendable up to one year after the incident) to issue a final, binding certification before the authority to certify it expires.
How your members of Congress line up
How members voted on TRIA Program Reauthorization Act of 2026.
Recorded roll calls on this bill, most recent first. Open one to see each member's position.
How it moved.
Show all 15 actions
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Motion to reconsider laid on the table Agreed to without objection.
- On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 373 - 15 (Roll no. 229). (text: CR H4273-4274)
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 373 - 15 (Roll no. 229). (text: CR H4273-4274)
- Considered as unfinished business. (consideration: CR H4302-4303)
- At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- DEBATE - The House proceeded with forty minutes of debate on H.R. 7128.
- Considered under suspension of the rules. (consideration: CR H4273-4279)
- Mr. Flood moved to suspend the rules and pass the bill, as amended.
- Placed on the Union Calendar, Calendar No. 482.
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-561.
- Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 2.
- Committee Consideration and Mark-up Session Held
- Referred to the House Committee on Financial Services.
- Introduced in House
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Motion to reconsider laid on the table Agreed to without objection.
- On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 373 - 15 (Roll no. 229). (text: CR H4273-4274)
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 373 - 15 (Roll no. 229). (text: CR H4273-4274)
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-561.
- Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 2.
- Introduced in House
Read it for yourself.
Sources & provenance
Cite this page
Civic Herald. “TRIA Program Reauthorization Act of 2026 (H.R. 7128, 119th Congress).” https://civicherald.app/bills/119-hr-7128. Congress.gov record as of Jul 15, 2026.