P.L. 111-125, To extend the commercial space transportation liability regime

• This item is from the 111th Congress (2009-2010) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Version saved on December 24, 2009, 07:34:15, by webmaster:

H.R. 3819 would extend the commercial space transportation liability regime.

Detailed Summary

<b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b>

Extends through calendar 2012 the commercial space transportation liability regime (under which the United States shall pay up to $1.5 billion, adjusted for inflation, in excess of the amount covered by liability insurance or demonstrated financial responsibility with respect to a third party claim against a commercial space launch or reentry licensee, transferee, contractor, subcontractor, or customer for death, bodily injury, or property damage or loss resulting from an activity carried out under the license).

Extends this guarantee to issued or transferred licenses for which the Secretary of Transportation receives a complete and valid application by December 31, 2012 (currently, by December 31, 2009).

Status of the Legislation

Latest Major Action: 12/23/2009: Passed/agreed to in Senate. Status: Passed Senate without amendment by Unanimous Consent.

Points in Favor

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Points Against

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