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HR 3088 111th Congress House Finance and Financial Sector Administrative law and regulatory procedures Bankruptcy Civil actions and liability Department of Transportation Government lending and loan guarantees Life, casualty, property insurance Manufacturing Motor vehicles

Jeremy Warriner Consumer Protection Act of 2009

Introduced: June 26, 2009 Introduced by: Carson, André Democratic · Indiana See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 26, 2009
Referred to the House Committee on Financial Services.
Jun 26, 2009
Introduced in House
 Plain-English summary Congressional Research Service

Jeremy Warriner Consumer Protection Act of 2009 - Requires an automobile manufacturer to purchase liability insurance from an insurance company if: (1) the federal government has an ownership interest in the manaufacturer; or (2) the manufacturer has an outstanding federal loan.

Prescribes specifications for such product liability coverage.

Declares null and void any defense to a liability claim that is predicated upon bankruptcy by an automobile manufacturer that is a named insured under a liability insurance plan.

Requires the Administrator of the National Highway Traffic Safety Administration (NHTSA) to initiate a rulemaking proceeding to implement such insurance requirement.

Authorizes the Administrator to impose against any automobile manufacturer for non-compliance with this Act a civil penalty of up to five times the amount it would have cost such manufacturer to purchase the requisite liability insurance.

What's happening now June 26, 2009

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1