OFFICIAL LEGAL TITLE
Auto Bailout Accident Victims Recovery Act of 2024
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_HR_8440.
Which chamber initiated this legislation?
This legislation was initiated in the House of Representatives.
When did the legislative process begin?
The process officially started on 2024-05-16.
What are the main provisions?
Key points include:
- The statute of limitations is waived for specific lawsuits against the government related to the 2009 General Motors bailout.
- Victims of GM defects who filed bankruptcy claims will receive compensation equal to 2.5 times their originally approved claim amount, plus interest.
- The U.S. government is mandated to pay this compensation, fulfilling the constitutional right to just compensation (Fifth Amendment Takings Clause).
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Rep. Moore, Barry [R-AL-2].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on the Judiciary.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.
What is the impact of this bill?
We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.