Bill Community Discussion
H.R. 7128: TRIA Program Reauthorization Act of 2026
- Bill Number
- H.R. 7128
- Congress
- 119
- Status / Latest Action
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsor
- Rep. Flood, Mike [R-NE-1]
- Introduced
- 2026-01-16
- Policy Area
- Finance and Financial Sector
Summary
TRIA Program Reauthorization Act of 2026 This bill reauthorizes the Terrorism Risk Insurance Program through 2034. The program covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for terrorism risk. The bill also 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.
Sections
- Congress.gov Summary
TRIA Program Reauthorization Act of 2026 This bill reauthorizes the Terrorism Risk Insurance Program through 2034. The program covers a portion of the losses incurred by private insurers for property and casualty insurance coverage for terrorism risk. The bill also 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.
Discussion
Verified people can post up to 30 comments per day. Saving keeps a link on this device, including for guests. Fallacy Quick Ref
No comments yet. Start the discussion with one civil question.