Reported in House — H.R. 7128

Union Calendar No. 482

119th CONGRESS

2d Session

H. R. 7128

[Report No. 119–561]

IN THE HOUSE OF REPRESENTATIVES

January 16, 2026

Mr. Flood (for himself and Mr. Garbarino) introduced the following bill; which was referred to the Committee on Financial Services

March 19, 2026

Additional sponsors: Mr. Cleaver, Ms. Velázquez, and Ms. Pressley

March 19, 2026

Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

Strike out all after the enacting clause and insert the part printed in italic

For text of introduced bill, see copy of bill as introduced on January 16, 2026

A BILL

To extend the Terrorism Risk Insurance Program, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

Section 1. Short title

This Act may be cited as the TRIA Program Reauthorization Act of 2026.

Sec. 2. Extension

Section 108(a) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking 2027 and inserting 2034.

Sec. 3. Improvements to certification process

Section 102(1) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended—

(1)

in subparagraph (B)—

(A)

in clause (i), by striking or at the end;

(B)

in clause (ii), by striking exceed $5,000,000. and inserting:

exceed—
(I)
with respect to an act that occurred in a year before 2029, $5,000,000; and
(II)
with respect to an act that occurred in 2029, or any year thereafter, $10,000,000; or; and

(C)

by adding at the end the following:

(iii)
the Secretary did not certify such act as an act of terrorism before the expiration of the 90-day period following the publication of a notice in the Federal Register under subparagraph (D)(i).; and

(2)

by striking subparagraph (D) and inserting the following:

(D) Notice requirements
(i) In general
The Secretary shall, not later than 30 days after beginning the process of determining whether to certify an act as an act of terrorism, publish a notice in the Federal Register that informs the public that the Secretary is in the process of determining whether to certify the act as an act of terrorism.
(ii) Additional notice permitted
The Secretary may, as the Secretary determines appropriate, notify the public, through publication in the Federal Register, or otherwise, that an act is not being evaluated by the Secretary to determine whether it should be certified as an act of terrorism.

Sec. 4. Technical amendments

(a) In general

Section 103(e)(7)(E)(i) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended—

(1)

in subclause (I)—

(A)

by striking 2022 and inserting 2029; and

(B)

by striking 2024 and inserting 2031;

(2)

in subclause (II)—

(A)

by striking 2023 and inserting 2030;

(B)

by striking 2029 and inserting 2036; and

(C)

by striking 2024 and inserting 2031; and

(3)

in subclause (III)—

(A)

by striking 2029 and inserting 2036; and

(B)

by striking 2024 and inserting 2031.

(b) Technical correction

The Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking Terrorism Insurance Program each place it appears in text or headings and inserting Terrorism Risk Insurance Program.