S 4395·Federal·senate
Terrorism Risk Insurance Program Reauthorization Act of 2026
In CommitteeFiled Apr 27, 2026
Sponsor: Sen. McCormick, David [R-PA] (R)
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Apr 27, 2026
Summary
The bill reauthorizes the Terrorism Risk Insurance Act of 2002, pushing the program’s termination date out to 2034. It also changes several dates that trigger mandatory recoupment of federal subsidies. The changes affect insurers, policyholders, and the Treasury’s accounting of the program.
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