Title: Terrorism Risk Insurance Act (TRIA) Program Reauthorization Act of 2026
Vote to pass a bill that extends authorization for the Terrorism Risk Insurance Program through 2034.
Extends authorization for the Terrorism Risk Insurance Program – which covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for terrorism risk – through 2034 (Sec. 2).
Increases the amount of property and casualty insurance losses required for certification under the program beginning in 2029 and provides statutory authority for Department of the Treasury public notification requirements regarding the determination process for whether an act qualifies as an act of terrorism under this program (Sec. 3).
NOTE: THIS VOTE WAS TAKEN UNDER A SUSPENSION OF THE RULES TO CUT OFF DEBATE EARLY AND VOTE TO PASS THE BILL, THEREBY REQUIRING A TWO-THIRDS MAJORITY FOR PASSAGE.
Title: Terrorism Risk Insurance Act (TRIA) Program Reauthorization Act of 2026