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General Aviation Industry Reparations Act of 2002

Introduced: November 27, 2001 See on congress.gov
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 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 15, 2002
Reported (Amended) by the Committee on Transportation. H. Rept. 107-406, Part I.
Apr 15, 2002
Placed on the Union Calendar, Calendar No. 241.
Apr 15, 2002
Committee on The Budget discharged.
Apr 15, 2002
Committee on Financial Services discharged.
Apr 15, 2002
House Committee on The Budget Granted an extension for further consideration ending not later than April 15, 2002.
Apr 15, 2002
House Committee on Financial Services Granted an extension for further consideration ending not later than April 15, 2002.
Feb 27, 2002
Committee Consideration and Mark-up Session Held.
Feb 27, 2002
Ordered to be Reported (Amended) by Voice Vote.
Dec 13, 2001
Forwarded by Subcommittee to Full Committee by Voice Vote.
Dec 13, 2001
Subcommittee Consideration and Mark-up Session Held.
Nov 30, 2001
Referred to the Subcommittee on Domestic Monetary Policy, Technology and Economic Growth.
Nov 28, 2001
Referred to the Subcommittee on Aviation.
Nov 27, 2001
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Financial Services, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 27, 2001
Introduced in House
 Plain-English summary Congressional Research Service
General Aviation Industry Reparations Act of 2001 - Directs the President to take certain actions to compensate general aviation entities for losses incurred by them as a result of the terrorist attacks on the United States on September 11, 2001, including to: (1) issue Federal credit instruments (including subsidy amounts for such instruments) to such entities; and (2) compensate them for direct losses incurred as a result of any Federal ground stop order issued by the Government and any incremental losses incurred as a direct result of such attacks. Authorizes the Air Transportation Stabilization Board to enter into agreements with one or more obligors to issue such instruments. Sets forth certain instrument and compensation requirements.

Authorizes the Secretary of Transportation to provide insurance or reinsurance, or reimbursement of insurance costs increases, to a general aviation entity against loss or damage arising from the operation of nonmilitary aircraft while in the United States.

Defines "general aviation entity" to mean any person (other than an air carrier) that operates nonmilitary aircraft or provides aviation services directly related to nonmilitary aircraft or nonmilitary airport operations or relies on direct or indirect access to U.S. airspace to conduct its primary business as determined by the Secretary. Includes fixed based operators, flight schools, manufacturers of general aviation products, and persons engaged in nonscheduled commercial aviation enterprises.

What's happening now April 15, 2002

Placed on the Union Calendar, Calendar No. 241.

 Committees of jurisdiction 5
 Cosponsors 4
All 4 Democratic 2 Republican 2