U.S. Congress legislation · 119th Congress
SB4395: Terrorism Risk Insurance Program Reauthorization Act of 2026
Status: Passed one chamber, September 28, 2026
A bill to reauthorize the Terrorism Risk Insurance Act of 2002, and for other purposes.
What the bill says
An act To reauthorize the Terrorism Risk Insurance Act of 2002, and for other purposes.
From the engrossed text, September 28, 2026:
AN ACT To reauthorize the Terrorism Risk Insurance Act of 2002, and for other purposes. SECTION 1. Short title This Act may be cited as the Terrorism Risk Insurance Program Reauthorization Act of 2026 . SECTION 2. 7-year extension of Terrorism Risk Insurance Program (a) Termination date 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 . (b) Timing of mandatory recoupment 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 . Passed the Senate September 28, 2026. Secretary
Sponsors
- McCormick, David (R, SD-PA) · primary sponsor
- Smith, Tina (D)
- Tillis, Thomas (R)
- Gallego, Ruben (D)
- Scott, Tim (R)
- Kim, Andy (D)
- Kennedy, John (R)
- Van Hollen, Chris (D)
- Ricketts, Pete (R)
- Cortez Masto, Catherine (D)
- Cramer, Kevin (R)
- Alsobrooks, Angela (D)
Latest actions
- : Held at the desk.
- : Received in the House.
- : Message on Senate action sent to the House.
- : Passed Senate without amendment by Unanimous Consent. (consideration: CR S5122-5123; text: CR S5123)
- : Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5122-5123; text: CR S5123)
- : Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
- : Placed on Senate Legislative Calendar under General Orders. Calendar No. 672.
- : Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, without amendment. Without written report.
- : Committee on Banking, Housing, and Urban Affairs. Ordered to be reported without amendment favorably.
- : Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects: Terrorism, Finance and Financial Sector, Life, casualty, property insurance
Common questions
- What is SB4395?
- SB4395 is a bill in Congress (119th Congress): Terrorism Risk Insurance Program Reauthorization Act of 2026.
- What does SB4395 do?
- In its own words: An act To reauthorize the Terrorism Risk Insurance Act of 2002, and for other purposes.
- What is the status of SB4395?
- Passed one chamber as of September 28, 2026. Latest action: Held at the desk. (October 5, 2026).
- Who sponsored SB4395?
- McCormick, David (R, SD-PA), with 11 co-sponsors.
- Where is the official record for SB4395?
- On the Congress website: https://www.congress.gov/bill/119th-congress/senate-bill/4395
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.