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H.R. 3088

BillFederalHouseIn Committee
Jeremy Warriner Consumer Protection Act of 2009
About This Bill
Committee
Latest Action · June 26, 2009
Referred to the House Committee on Financial Services.
Congress
111th (2009–2011)
Introduced
June 26, 2009
Cosponsors (4)
4D 0R
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Summary

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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.

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