Congressional Daily Record
This section captures a floor statement or debate entry. It mentions legislation such as Terrorism Risk Insurance Program Reauthorization Act of 2026, members such as Mike Lee.
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September 28, 2026
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Download official Senate Record PDFReturn to issue contextMr. LEE. Mr. President, I ask unanimous consent that the Senate proceed to the immediate consideration of Calendar No. 672, S. 4395.
The PRESIDING OFFICER. The clerk will report the bill by title.
The legislative clerk read as follows:
A bill (S. 4395) to reauthorize the Terrorism Risk
Insurance Act of 2002, and for other purposes.
There being no objection, the Senate proceeded to consider the bill.
Mr. LEE. I ask unanimous consent that the bill be considered read a third time and passed and that the motion to
reconsider be considered made and laid upon the table.
The PRESIDING OFFICER. Without objection, it is so ordered.
The bill (S. 4395) was ordered to be engrossed for a third reading, was read the third time, and passed as follows:
S. 4395
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”.