The 2026 reauthorization of the Terrorism Risk Insurance Act extends the program until 2034. The bill also modifies the certification process for acts of terrorism, increasing the financial threshold for certification and establishing specific timeframes for the Secretary to review and issue a final determination. Additionally, it mandates a report on acts considered for certification and includes technical amendments and corrections to the language of the original act. These changes aim to adjust the program's processes and duration, potentially impacting businesses and insurers relying on terrorism risk insurance.