Legislation· Jul 2026Sponsored by Mike Flood (R)
TRIA Program Reauthorization Act of 2026
Reauthorizes the Terrorism Risk Insurance Program through 2034 and raises loss thresholds.
Tradeoff
Extends federal backstop for terrorism-related insurance losses for eight more years. Raises the certification threshold from $5 million to $10 million for incidents after 2028.
What's in it
The House passed this 373-15 on June 29, 2026 — now in the Senate.
House
Introduced
(Jan 16, 2026)
House
Committee on Financial Services(Jan 16, 2026)
House
The Committee on Financial Services voted to send it to the floor
Reported 51 - 2(Jan 22, 2026)
Committee report H. Rept. 119-561.
House
On Motion to and Pass, as Amended
Passed(Roll #229 · Jun 29, 2026)
373 yeanay 15Senate
Received from the House
on Banking, Housing, and Urban Affairs(Jul 13, 2026)
- Andrew R. Garbarino (R-NY)
- Emanuel Cleaver (D-MO)
- Nydia M. Velázquez (D-NY)
- Ayanna Pressley (D-MA)
Passage votes so far· Jun 29, 2026· 119th Congress · 2025–2027