HR 3088 · 111th Congress · Finance and Financial Sector
Jeremy Warriner Consumer Protection Act of 2009
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2009-06-26)
Plain Language Summary
[AI summary unavailable — showing source text]
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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Democrats