HR 2926 · 107th Congress 2001–2003, ended

Air Transportation Safety and System Stabilization Act

Latest action · Sep 22, 2001 Became Public Law No: 107-42.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedSep 21, 2001
  2. Passed HouseSep 21, 2001
  3. Passed SenateSep 21, 2001
  4. To the PresidentSep 21, 2001
  5. Became lawSep 22, 2001Public Law 107-42

Summary

Air Transportation Safety and System Stabilization Act - Title I: Airline Stabilization - Directs the President to take certain actions to compensate air carriers for losses they incurred 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) in the aggregate not to exceed $10 billion to such air carriers; and (2) compensate them in the aggregate of $5 billion 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. 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).

(Sec. 102) Establishes an Air Transportation Stabilization Board to issue such Federal credit instruments. Sets forth certain Board and instrument requirements. Requires the Board to ensure that the Government is compensated for its risk in assuming guarantees. Authorizes the Board to enter into contracts under which the Government would participate in any equity gains of a participating corporation or its stockholders.

(Sec. 103) Limits the amount of compensation payable to an air carrier to the amount of its losses for a specified period following September 11, 2001.

(Sec. 104) Requires air carriers receiving Federal credit instruments to limit for two years to the same amount the total compensation (or, in the case of severance pay, double the compensation) of any officer or employee whose total compensation exceeded $300,000 in calendar 2000.

(Sec. 105) Urges the Secretary of Transportation to take appropriate action to ensure the continuation of scheduled air service to all communities, including essential air service to small communities. Authorizes appropriations.

(Sec. 106) Requires the President to report to specified congressional committees on the financial status of the air industry and the amounts of assistance provided under this title to each air carrier.

Title II: Aviation Insurance - Amends Federal transportation law to authorize the Secretary of Transportation to provide insurance and reinsurance against loss or damage arising out of any risk from the operation of an American aircraft or foreign-flag aircraft while in the United States (domestically) (effectively eliminating the Government from insuring or reinsuring such aircraft in international air transportation). Authorizes the Secretary to reimburse an air carrier for any increase in the costs of insurance since September 11, 2001. Sets forth certain insurance requirements, including limiting air carrier liability for losses to no more than $100 million in the aggregate for all claims arising as a result of an act of terrorism. Authorizes the Secretary to extend such insurance requirements to the vendors, agents, and subcontractors of air carriers.

Title III: Tax Provisions - Extends from November 15, 2001, until January 15, 2002, the deadline for an air carrier to make certain airline-related excise tax deposits otherwise due under the Internal Revenue Code between September 10 and November 15, 2001. Declares that nothing in this Act shall be construed to exclude from an air carrier's gross income compensation received under this Act.

Title IV: Victim Compensation - September 11th Victim Compensation Fund of 2001 - Establishes a compensation program, administered by the Attorney General through a Special Master, for any individual who was injured or killed as a result of the terrorist-related aircraft crashes of September 11, 2001. Authorizes appropriations. Sets forth certain program requirements, including restricting air carrier liability for compensatory or punitive damages arising from the terrorist attacks on September 11, 2001, to the limits of liability coverage maintained by the air carrier.

(Sec. 408) Provides a Federal cause of action for damages arising out of the hijacking and subsequent crashes of American Airlines flights 11 and 77, and United Airlines flights 93 and 175, on September 11, 2001. Declares such cause of action shall be the exclusive remedy for damages arising out of such incident.

Title V: Air Transportation Safety - Affirms the President's decision to spend $3 billion on airline safety and security.

(Sec. 502) Declares that Congress is committed to act expeditiously to strengthen airport security and take further measures to enhance the security of air travel.

Title VI: Separability - Declares if any provision of this Act is held invalid that the remainder of such Act shall not be affected.

Recorded votes 2

Newest first. Open one to see how every member voted.

Roll callQuestionResultDate
House 348Passed356–54Sep 21, 2001
House 347Failed174–239Sep 21, 2001

Cosponsors

Members who signed on, in the order they did.

No cosponsors are on file for this measure.

Committees 4

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseTransportation and Infrastructure Committee
Referred Sep 21, 2001
HouseWays and Means Committee
Referred Sep 21, 2001
HouseJudiciary Committee
Referred Sep 21, 2001
HouseBudget Committee
Referred Sep 21, 2001

Actions 19

Everything that happened, newest first.

  1. Sep 22, 2001Signed by President.
  2. Sep 22, 2001Became Public Law No: 107-42.
  3. Sep 21, 2001Introduced in House
  4. Sep 21, 2001Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Ways and Means, the Judiciary, 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.
  5. Sep 21, 2001Rules Committee Resolution H. Res. 244 Reported to House. Rule provides for consideration of H.R. 2926 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments.
  6. Sep 21, 2001Passed/agreed to in Senate: Received in the Senate, read twice, considered, read the third time, and passed without amendment by Unanimous Consent.
  7. Sep 21, 2001Rule H. Res. 244 passed House.
  8. Sep 21, 2001Considered under the provisions of rule H. Res. 244. (consideration: CR H5894-5918)
  9. Sep 21, 2001Rule provides for consideration of H.R. 2926 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit. Measure will be considered read. Bill is closed to amendments.
  10. Sep 21, 2001DEBATE - The House proceeded with one hour of debate on H.R. 2926.
  11. Sep 21, 2001The previous question was ordered pursuant to the rule.
  12. Sep 21, 2001Mr. DeFazio moved to recommit with instructions to Transportation.
  13. Sep 21, 2001DEBATE - The House proceeded with ten minutes of debate on the motion to recommit with instructions. The instructions contained in the motion require the Committee on Transportation and Infrastructure to report the bill back to the House with a new section 107 providing for a requirement to cover certain employee health insurance costs and, at the end of the bill, to add a new Title providing for screening of passengers and property to be conducted by the FAA.
  14. Sep 21, 2001The previous question on the motion to recommit with instructions was ordered without objection.
  15. Sep 21, 2001On motion to recommit with instructions Failed by the Yeas and Nays: 174 - 239 (Roll no. 347). (consideration: CR H5915-5518; text: CR H5915)
  16. Sep 21, 2001Passed/agreed to in House: On passage Passed by the Yeas and Nays: 356 - 54, 2 Present (Roll no. 348). (The House passed H.R. 2926 on September 21. The Senate passed S.1450, a companion bill to H.R. 2926, on September 21. Unanimous consent agreements in the Senate provided for the House bill to be passed in the Senate if it was identical to the Senate bill. CR 9/21/2001 D917) (text as passed House : CR H5894-5897)
  17. Sep 21, 2001Motion to reconsider laid on the table Agreed to without objection.
  18. Sep 21, 2001Message on Senate action sent to the House.
  19. Sep 21, 2001Presented to President.

In the Congressional Record 9

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
SenateDebate and remarks S12532Kent Conrad D-NDDec 6, 2001
HouseDebate and remarks H7413Scott McInnis R-COOct 30, 2001
HouseDebate and remarks H7312Jeff Flake R-AZOct 25, 2001
ExtensionsDebate and remarks E1823Lucille Roybal-Allard D-CAOct 5, 2001
ExtensionsDebate and remarks E1764, E1778Henry A. Waxman D-CA, Lucille Roybal-Allard D-CAOct 2, 2001

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Congressional Budget Office cost estimates 2

  1. Nov 30, 2001H.R. 2926, Air Transportation Safety and System Stabilization Act<p>Pay-as-you-go estimate for the bill as cleared by the Congress on September 21, 2001</p>
  2. Nov 30, 2001H.R. 2926, Air Transportation Safety and System Stabilization ActPay-as-you-go estimate for the bill as cleared by the Congress on September 21, 2001

Printed hearings 1

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

NumberHearingCommitteeHeld
Serial No. 107-66THE STATE OF THE U.S. TOURISM INDUSTRY89 pagesEnergy and Commerce CommitteeOct 17, 2001

CRS reports 13

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

About this bill 2

Products that name it in their title: its number, its law number or one of its short titles.

Also cite it 11

Products on other subjects that cite it, usually among other measures.

Related bills 3

Companion bills and other measures the record links to this one.

Titles 11

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To preserve the continued viability of the United States air transportation system.
Short Titles as Introduced
Air Transportation Safety and System Stabilization Act
Short Titles as Passed House
Air Transportation Safety and System Stabilization Act
Short Titles as Enacted
Air Transportation Safety and System Stabilization Act
Short Titles as Introduced for portions of this bill
September 11th Victim Compensation Fund of 2001
Short Titles as Passed House for portions of this bill
September 11th Victim Compensation Fund of 2001
Short Titles as Enacted for portions of this bill
September 11th Victim Compensation Fund of 2001
Popular Titles
Airline Industry Financial Assistance bill
Bailout of Airlines bill
Airline Bailout bill
Victim Compensation Fund bill

Subjects

Assigned by the Library of Congress. Policy area: Transportation and Public Works.

Text 3

Each version as it was printed, newest first.

  1. —Enrolled Bill
  2. Sep 21, 2001Introduced in House
  3. Sep 21, 2001Engrossed in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.