HR 3055 · 107th Congress · Transportation and Public Works

Car Rental Firms Stabilization Act

Introduced 2001-10-05· Sponsored by Rep. Shaw, E. Clay, Jr. [R-FL-22]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Aviation.(2001-10-09)

Plain Language Summary

[AI summary unavailable — showing source text] Car Rental Firms Stabilization Act - Directs the President and the Air Transportation Stabilization Board to issue Federal credit instruments (including subsidy amounts for such instruments) to car rental firms to compensate them in the aggregate of $1.5 billion for losses incurred as a result of the terrorist attacks that occurred on September 11, 2001. Designates the amount of new budget authority and outlays in all fiscal years resulting from this title as an emergency requirement pursuant to the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat