HR 4762 · 118th Congress · Transportation and Public Works
To amend title 49, United States Code, to extend the non-premium war risk insurance program.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 158.(2023-09-13)
Plain Language Summary
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This bill extends the Federal Aviation Administration (FAA) Non-premium War Risk Insurance Program through FY2025. This program provides aviation insurance without a premium to eligible air carriers at the request of the Department of Defense or another federal agency, provided that the agency agrees to indemnify the FAA from all losses covered under the insurance. Eligible air carriers include those whose operations are under a federal contract and are necessary for national security or to carry out U.S. foreign policy. …
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 4762, a bill to amend title 49, United States Code, to extend the non premium war risk insurance program
Aug 15, 2023As ordered reported by the House Committee on Transportation and Infrastructure on July 27, 2023
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office