TRIA Program Reauthorization Act of 2026

This Act may be cited as the TRIA Program Reauthorization Act of 2026.
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.
Section 102(1) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended—
in subparagraph (B)—
in clause (i), by striking or at the end;
in clause (ii), by striking exceed $5,000,000. and inserting:
exceed—
with respect to an act that occurred in a year before 2029, $5,000,000; and
with respect to an act that occurred in 2029, or any year thereafter, $10,000,000; or
by adding at the end the following:
the Secretary did not issue to the public a final determination to certify such act as an act of terrorism before the expiration of the applicable period described in subparagraph (D)(ii).
by striking subparagraph (D) and inserting the following:
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.
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.
Except as described in subclause (II), the Secretary shall conclude any process of determining whether to certify an act as an act of terrorism not later than 90 days after publishing a notice in the Federal Register under clause (i)(I).
If, during the 90-day period following the publication of a notice in the Federal Register under clause (i)(I), the Secretary determines there is insufficient information available at that time to determine if an act is eligible for certification as an act of terrorism, the Secretary may, before the end of such 90-day period, extend the process of determining whether to certify an act as an act of terrorism for a period not to exceed 365 days following the date on which the damage attributable to such act occurred, as determined by the Secretary, and shall notify the public of any such extension.
If the Secretary decides to certify an act as an act of terrorism, the Secretary shall, before the expiration of the period applicable under clause (ii), issue to the public a final determination that certifies such act as an act of terrorism and such determination shall be irrevocable.
Nothing in this subparagraph may be construed to require to the Secretary to issue a final determination under clause (iii) about any act that the Secretary does not certify as an act of terrorism.
Section 104(h)(2) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended—
by redesignating subparagraphs (B), (C), (D), (E), and (F) as subparagraphs (C), (D), (E), (F), and (G), respectively; and
by inserting after subparagraph (A) the following:
a list of each act with respect to which the Secretary published a notice in the Federal Register under section 102(1)(D)(i) during the preceding calendar year, that includes—
any final determination issued by the Secretary under section 102(1)(D)(iii) with respect to such act; or
a concise explanation of why the Secretary did not issue a final determination under section 102(1)(D)(iii) with respect to such act;
Section 103(e)(7)(E)(i) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended—
in subclause (I)—
by striking 2022 and inserting 2029; and
by striking 2024 and inserting 2031;
in subclause (II)—
by striking 2023 and inserting 2030;
by striking 2029 and inserting 2036; and
by striking 2024 and inserting 2031; and
in subclause (III)—
by striking 2029 and inserting 2036; and
by striking 2024 and inserting 2031.
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.
Section 313(c)(1)(D) of title 31, United States Code, is amended by striking Terrorism Insurance Program and inserting Terrorism Risk Insurance Program.