H.R.5245 - To extend the liability indemnification regime for the commercial space transportation industry.108th Congress (2003-2004)
|Sponsor:||Rep. Boehlert, Sherwood [R-NY-24] (Introduced 10/07/2004)|
|Committees:||House - Science|
|Latest Action:||11/30/2004 Became Public Law No: 108-428. (TXT | PDF) (All Actions)|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.5245 — 108th Congress (2003-2004)All Information (Except Text)
Public Law No: 108-428 (11/30/2004)
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Extends liability insurance and financial responsibility requirements with respect to commercial space transportation through December 31, 2009.
Directs the Secretary of Transportation to arrange with a nonprofit entity for a study: (1) regarding the liability risk sharing regime in the United States for commercial space transportation; (2) to assess methods by which the liability risk sharing regime could be eliminated and whether alternative steps would be needed to maintain a viable and competitive U.S. space transportation industry if it were eliminated; and (3) to examine liability risk sharing in other nations with commercial launch capability and evaluate the direct and indirect impact that eliminating the regime would have on the competitiveness of the U.S. commercial space launch industry in relation to foreign commercial launch providers and on U.S. assured access to space.