Extends the federal terrorism risk insurance program for seven years, from its 2027 expiration to 2034, and shifts the dates for when insurers must recoup federal payouts.

• Changes the program's termination date in Section 108(a) of the Terrorism Risk Insurance Act of 2002 from 2027 to 2034.
• Moves several mandatory recoupment deadlines in Section 103(e)(7)(E) of the same Act later by seven years, such as the 2022 date becoming 2029 and the 2029 date becoming 2036.
• Gives the bill the short title Terrorism Risk Insurance Program Reauthorization Act of 2026.

• Banking, Housing, and Urban Affairs Committee (Senate)

Finance and Financial Sector