Terrorism insurance backstop program extended from 2027 to 2034
Passed one chamberH.R. 7128Latest action
Sponsor: Mike Flood · Representative · NE
AIDecoded by AI · checked against the recordRead the official text
Official title: TRIA Program Reauthorization Act of 2026
119th Congress
Topics: Jobs & the economy
Introduced:
Read the official bill on Congress.govIn plain words
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The bill extends the federal terrorism insurance backstop program's expiration from 2027 to 2034.
35-second read · 4 questions answered below
What does this do?
This bill extends the Terrorism Risk Insurance Program (TRIA), pushing its expiration from 2027 to 2034. It also changes how the Treasury Secretary certifies terrorist attacks for coverage purposes, raises the loss threshold triggering certification review from $5 million to $10 million starting in 2029, and sets 90-to-365-day deadlines with public notice requirements for decisions.
Who does it affect?
Insurance companies, businesses that buy terrorism insurance (such as large commercial property owners), and the federal government, which shares terrorism-loss costs with private insurers.
Why does it matter?
Extending the program continues the government's role sharing costs for certified terrorist attack losses, while the new thresholds, deadlines, and reporting requirements change how and when that certification happens.
AI-drafted summary. Check it against the official text before you act on it.
Based on the “Referred in Senate” text of Jul 13, 2026.
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Where does it stand?
- IntroducedJan 16, 2026
- House committee
- House vote
- SenateYou are here · Jul 13, 2026
- The president's desk
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the president.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Recorded votes
Roll-call votes recorded since January 3, 2025.
House · · Roll call 229
As recorded
- Question
- On Motion to and Pass, as Amended
- Result:
- Passed
- 373
- Nay
- 15
- 0
- 43
Republicans 181 yes, 15 no, 22 not voting · Democrats 191 yes, 21 not voting · Independent 1 yes
Official recordHow members voted
The official record lists how each member voted.Official record