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GM Bailout Victims Recovery: Waiving Statute of Limitations for Compensation.

This Act revives legal claims for individuals injured or killed by defective General Motors vehicles whose cases were tied to the 2009 government bailout. It waives the statute of limitations for these specific lawsuits, allowing eligible victims to receive just compensation from the federal government. The compensation is set significantly higher than the original bankruptcy claim amount to ensure fair recovery.
Key points
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).
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Additional Information
Print number: 118_HR_8440
Sponsor: Rep. Moore, Barry [R-AL-2]
Process start date: 2024-05-16
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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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.

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