Space Launch Liability Indemnification Extension Act
The Space Launch Liability Indemnification Extension Act (H.R. 3547) is a bill that would extend until December 31, 2014 the current limitation on liability of commercial space launch companies. Under the current system, the space launch company is liable for any damages up to $500 million, after which the U.S. Government will pay the damages in the range of $500 million to $2.7 billion. Above $2.7 billion, the company is again responsible. The Space Launch Liability Indemnification Extension Act was passed by the United States House of Representatives during the 113th United States Congress.
Space Launch Liability Indemnification Extension Act
The Space Launch Liability Indemnification Extension Act (H.R. 3547) is a bill that would extend until December 31, 2014 the current limitation on liability of commercial space launch companies. Under the current system, the space launch company is liable for any damages up to $500 million, after which the U.S. Government will pay the damages in the range of $500 million to $2.7 billion. Above $2.7 billion, the company is again responsible. The Space Launch Liability Indemnification Extension Act was passed by the United States House of Representatives during the 113th United States Congress.
has abstract
The Space Launch Liability Ind ...... 113th United States Congress.
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Link from a Wikipage to an external page
Wikipage page ID
41,291,570
Wikipage revision ID
701,369,114
Fullname
To extend the application of certain space launch liability provisions through 2014.
introduced in the
introducedby
introduceddate
2013-11-20
introducedin
name
Space Launch Liability Indemnification Extension Act
number of co-sponsors
passedbody
passeddate
2013-12-02
passedvote
Roll Call Vote 612: 376-5
Sponsored by
hypernym
type
comment
The Space Launch Liability Ind ...... 113th United States Congress.
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label
Space Launch Liability Indemnification Extension Act
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