The record
Legislation· Oct 2026
Legislation· Oct 2026S 4395 Passed Senate — in House
Sponsored by David McCormick (R)
Terrorism Risk Insurance Program Reauthorization Act of 2026
Extends the federal terrorism insurance backstop through 2034.
Tradeoff
Lets insurers continue passing some terrorism-related losses to the federal government through 2034. Requires insurers to repay the government for claims paid out, on a delayed schedule that shifts seven years forward.
What's in it
Passed the Senate by on September 28, 2026 — now in the House.
Senate
Introduced
(Apr 27, 2026)
Senate
Committee on Banking, Housing, and Urban Affairs(Apr 27, 2026)
Senate
The Committee on Banking, Housing, and Urban Affairs voted to send it to the floor
Reported(Sep 17, 2026)
Senate
Passage of the bill
Passed by (Sep 28, 2026)
No individual votes were recorded.
House
Received from the Senate
Received(Oct 5, 2026)
- Tina Smith (D-MN)
- Thomas Tillis (R-NC)
- Ruben Gallego (D-AZ)
- Tim Scott (R-SC)
- Andy Kim (D-NJ)
- John Kennedy (R-LA)
- Chris Van Hollen (D-MD)
- Pete Ricketts (R-NE)
- Catherine Cortez Masto (D-NV)
- Kevin Cramer (R-ND)
- Angela D. Alsobrooks (D-MD)
- Mike Crapo (R-ID)
- Raphael G. Warnock (D-GA)
- Mike Rounds (R-SD)
- Lisa Blunt Rochester (D-DE)
- Katie Boyd Britt (R-AL)
- Mark R. Warner (D-VA)
- Bill Hagerty (R-TN)
- Charles E. Schumer (D-NY)
- Jim Banks (R-IN)
- Bernie Moreno (R-OH)
- Cynthia M. Lummis (R-WY)
- Tim Sheehy (R-MT)
- Alex Padilla (D-CA)
- Shelley Moore Capito (R-WV)
- Kirsten E. Gillibrand (D-NY)
- John Boozman (R-AR)
- Tammy Baldwin (D-WI)
- Jeanne Shaheen (D-NH)
- Jacky Rosen (D-NV)
- James E. Risch (R-ID)
- Richard Blumenthal (D-CT)
- Jerry Moran (R-KS)
- Brian Schatz (D-HI)
- Steve Daines (R-MT)
- Mazie K. Hirono (D-HI)
- Todd Young (R-IN)
- Tim Kaine (D-VA)
- Deb Fischer (R-NE)
- Angus S., Jr. King (I-ME)
- Ted Budd (R-NC)
- Ben Ray Luján (D-NM)