H.R.4058 - To amend title 49, United States Code, to extend the aviation insurance program, and for other purposes.105th Congress (1997-1998)
|Sponsor:||Rep. Shuster, Bud [R-PA-9] (Introduced 06/16/1998)|
|Committees:||House - Transportation and Infrastructure | Senate - Commerce, Science, and Transportation|
|Committee Reports:||H. Rept. 105-632|
|Latest Action:||07/21/1998 Received in the Senate and read twice and referred to the Committee on Commerce.|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Subject — Policy Area:
- Transportation and Public Works
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Summary: H.R.4058 — 105th Congress (1997-1998)All Bill Information (Except Text)
Introduced in House (06/16/1998)
Amends Federal aviation law to revise aviation insurance requirements with respect to disputed losses to authorize an insured person to bring a civil action in the U.S. Court of Federal Claims (currently, only in U.S. district court) against the U.S. Government when: (1) (as currently) an insured loss is in dispute; or (2) the person is subrogated under a contract with the insured party to the insured party's rights against the U.S. Government; and (3) the person has paid to the insured party, with the Secretary of Transportation's approval, a covered amount for a physical damage loss.
Extends the Secretary's authority to provide aviation insurance and reinsurance through FY 2003.