TRIA Program Reauthorization Act of 2026
What changed between versions
The damage threshold triggering mandatory certification was changed from a flat $25 million (introduced version) to a tiered structure: $5 million for acts occurring before 2029 and $10 million for acts occurring in 2029 or later. This is significantly lower than the introduced version's $25 million figure.
A new 'Review and determinations' framework replaces the simple notice requirement. The Secretary must conclude the certification process within 90 days of publishing a Federal Register notice, but may extend up to 365 days if insufficient information is available. If the Secretary certifies an act, a final determination must be issued before the deadline expires and is irrevocable.
A new Section 4 requires the Secretary to include in annual reports a list of every act for which a Federal Register notice was published during the preceding calendar year, along with either the final determination or a concise explanation of why no final determination was issued.
The technical corrections section was expanded to also fix the program name in Section 313(c)(1)(D) of title 31 (the Federal Insurance Office statute), and clarifies that the name correction applies to text or headings, not just text.
