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To amend title 49, United States Code, to extend the non-premium war risk insurance program.
12/15/2023, 4:00 PM
Summary of Bill HR 4762
Bill 118 hr 4762, also known as the Non-Premium War Risk Insurance Program Extension Act, aims to amend title 49 of the United States Code in order to extend the non-premium war risk insurance program. This program provides insurance coverage for vessels and their operators in the event of war risks, such as acts of terrorism or piracy.
The bill seeks to extend this program in order to continue providing essential insurance coverage for vessels engaged in international trade and transportation. By extending the program, Congress hopes to ensure that vessels and their operators have the necessary protection in place to mitigate the financial risks associated with operating in high-risk areas.
Overall, the Non-Premium War Risk Insurance Program Extension Act is a crucial piece of legislation that aims to support the maritime industry and promote the safe and efficient transportation of goods and passengers. It is important for Congress to pass this bill in order to provide continuity and stability for the non-premium war risk insurance program.
The bill seeks to extend this program in order to continue providing essential insurance coverage for vessels engaged in international trade and transportation. By extending the program, Congress hopes to ensure that vessels and their operators have the necessary protection in place to mitigate the financial risks associated with operating in high-risk areas.
Overall, the Non-Premium War Risk Insurance Program Extension Act is a crucial piece of legislation that aims to support the maritime industry and promote the safe and efficient transportation of goods and passengers. It is important for Congress to pass this bill in order to provide continuity and stability for the non-premium war risk insurance program.
Read the Full Bill
Current Status of Bill HR 4762
Bill HR 4762 is currently in the status of Bill Introduced since July 20, 2023. Bill HR 4762 was introduced during Congress 118 and was introduced to the House on July 20, 2023. Bill HR 4762's most recent activity was Placed on the Union Calendar, Calendar No. 158. as of September 13, 2023
Bipartisan Support of Bill HR 4762
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4762
Primary Policy Focus
Transportation and Public WorksAlternate Title(s) of Bill HR 4762
To amend title 49, United States Code, to extend the non-premium war risk insurance program.
To amend title 49, United States Code, to extend the non-premium war risk insurance program.
Comments
Sponsors and Cosponsors of HR 4762
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