H.R. 7128 — Reported in House

IB Union Calendar No. 482 119th CONGRESS 2d Session H. R. 7128 [Report No. 119–561] IN THE HOUSE OF REPRESENTATIVES January 16, 2026Mr. Flood (for himself and Mr. Garbarino) introduced the following bill; which was referred to the Committee on Financial Services March 19, 2026Additional sponsors: Mr. Cleaver, Ms. Velázquez, and Ms. Pressley March 19, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on January 16, 2026 A BILL To extend the Terrorism Risk Insurance Program, and for other purposes. 1. Short title This Act may be cited as the TRIA Program Reauthorization Act of 2026. 2. Extension Section 108(a) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking 2027 and inserting 2034. 3. Improvements to certification process Section 102(1) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended— (1) in subparagraph (B)— (A) in clause (i), by striking or at the end; (B) in clause (ii), by striking exceed $5,000,000. and inserting: exceed— (I) with respect to an act that occurred in a year before 2029, $5,000,000; and (II) with respect to an act that occurred in 2029, or any year thereafter, $10,000,000; or ; and (C) by adding at the end the following: (iii) the Secretary did not certify such act as an act of terrorism before the expiration of the 90-day period following the publication of a notice in the Federal Register under subparagraph (D)(i). ; and (2) by striking subparagraph (D) and inserting the following: (D) Notice requirements (i) In general The Secretary shall, not later than 30 days after beginning the process of determining whether to certify an act as an act of terrorism, publish a notice in the Federal Register that informs the public that the Secretary is in the process of determining whether to certify the act as an act of terrorism. (ii) Additional notice permitted The Secretary may, as the Secretary determines appropriate, notify the public, through publication in the Federal Register, or otherwise, that an act is not being evaluated by the Secretary to determine whether it should be certified as an act of terrorism. . 4. Technical amendments (a) In general Section 103(e)(7)(E)(i) of the Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended— (1) in subclause (I)— (A) by striking 2022 and inserting 2029; and (B) by striking 2024 and inserting 2031; (2) in subclause (II)— (A) by striking 2023 and inserting 2030; (B) by striking 2029 and inserting 2036; and (C) by striking 2024 and inserting 2031; and (3) in subclause (III)— (A) by striking 2029 and inserting 2036; and (B) by striking 2024 and inserting 2031. (b) Technical correction The Terrorism Risk Insurance Act of 2002 (15 U.S.C. 6701 note) is amended by striking Terrorism Insurance Program each place it appears in text or headings and inserting Terrorism Risk Insurance Program. March 19, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed