HR 7128
Passed a chamber
Extends the Terrorism Risk Insurance Program through 2034 and sets new rules for how the Treasury Secretary decides whether an attack counts as terrorism for insurance purposes.
Official title: TRIA Program Reauthorization Act of 2026
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
16-JAN-2026
Referred
16-JAN-2026
Approved by committee
22-JAN-2026
Reported
19-MAR-2026
On the calendar
19-MAR-2026
Passed
29-JUN-2026
Senate
Received
13-JUL-2026
- Changes the program's expiration date in Section 108(a) of the Terrorism Risk Insurance Act from 2027 to 2034.
- Raises the certification threshold from $5 million to $10 million for acts occurring in 2029 or later, while keeping $5 million for earlier acts.
- Requires the Secretary to publish a Federal Register notice within 30 days of starting a certification review and to conclude the review within 90 days, with extensions of up to 365 days after the damage occurred when information is insufficient.
- Requires an annual report listing each act noticed in the Federal Register and either the final determination or an explanation for why none was issued.
- Makes technical fixes, including renaming the program to the Terrorism Risk Insurance Program and updating several date references.
Covers an older version. The newest CRS summary describes the bill as of "Reported to House" (19-MAR-2026); the text has changed since (Engrossed in House, 29-JUN-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.govFinance and Financial Sector
■ 3 D■ 1 R
3 Democrats
1 Republican