Reported to Senate

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4395 Reported in Senate (RS)]

<DOC>





                                                       Calendar No. 672
119th CONGRESS
  2d Session
                                S. 4395

To reauthorize the Terrorism Risk Insurance Act of 2002, and for other 
                               purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 27, 2026

  Mr. McCormick (for himself, Ms. Smith, Mr. Tillis, Mr. Gallego, Mr. 
  Scott of South Carolina, Mr. Kim, Mr. Kennedy, Mr. Van Hollen, Mr. 
Ricketts, Ms. Cortez Masto, Mr. Cramer, Ms. Alsobrooks, Mr. Crapo, Mr. 
 Warnock, Mr. Rounds, Ms. Blunt Rochester, Mrs. Britt, Mr. Warner, Mr. 
 Hagerty, Mr. Schumer, Mr. Banks, Mr. Moreno, Ms. Lummis, Mr. Sheehy, 
 Mr. Padilla, Mrs. Capito, Mrs. Gillibrand, Mr. Boozman, Ms. Baldwin, 
  Mrs. Shaheen, Ms. Rosen, Mr. Risch, Mr. Blumenthal, Mr. Moran, Mr. 
Schatz, Mr. Daines, Ms. Hirono, Mr. Young, Mr. Kaine, Mrs. Fischer, and 
   Mr. King) introduced the following bill; which was read twice and 
    referred to the Committee on Banking, Housing, and Urban Affairs

                           September 22, 2026

       Reported by Mr. Scott of South Carolina, without amendment

_______________________________________________________________________

                                 A BILL


 
To reauthorize the Terrorism Risk Insurance Act of 2002, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Terrorism Risk Insurance Program 
Reauthorization Act of 2026''.

SEC. 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''.
                                                       Calendar No. 672

119th CONGRESS

  2d Session

                                S. 4395

_______________________________________________________________________

                                 A BILL

To reauthorize the Terrorism Risk Insurance Act of 2002, and for other 
                               purposes.

_______________________________________________________________________

                           September 22, 2026

                       Reported without amendment