TRIA Program Reauthorization Act of 2026

# Summary of TRIA Program Reauthorization Act of 2026 **What the Bill Would Do** This bill would reauthorize the Terrorism Risk Insurance Act (TRIA) program, a federal backstop created after 9/11 that helps the insurance industry cover catastrophic losses from terrorist attacks. Currently set to expire at the end of 2027, the bill would extend this program beyond that deadline. The exact terms of the reauthorization—such as how long it would be extended, what changes might be made to how it operates, or what costs would be involved—are not specified in the basic bill information available. **Who It Affects and Current Status** The bill primarily affects the insurance industry, property owners (both individuals and businesses), and state/local governments.

By maintaining this federal backstop, it helps ensure that terrorism insurance remains available and affordable in the private market. Currently, the bill is in committee, meaning it has been referred to the relevant House committee for review and discussion but has not yet advanced to a full vote. As a reauthorization bill introduced in the 119th Congress, lawmakers will need to pass it before TRIA's current authorization expires to maintain the program without interruption.