What is the current status of HR 3973?

HR 3973 is currently: Introduced.

Who sponsored HR 3973?

HR 3973 was sponsored by William Keating (D), Rep.

War Risk Insurance for Ukraine

IntroducedJune 12, 2025

Introduced1 year ago

Intro

House

Senate

Pres

Referred to the Committee on Foreign Affairs, and in addition to the Committee on Transportation and Infrastructure, for a period to be subsequently determined by the Speaker, in each case for conside

International Affairs

Why This Matters

This bill helps commercial ships transporting goods to and from Ukraine by providing them with insurance against war risks. It supports Ukraine's economy and encourages international investment in its recovery.

If you work in shipping or trade with Ukraine, this bill could provide important insurance coverage for your business.

Who this affects

Commercial shipping companies · Workers involved in trade

What changes is this bill making?

1This bill provides temporary war risk insurance for certain commercial vessels operating in Ukraine.
2Eligible vessels include those owned by citizens of NATO countries and Ukraine.
3The bill establishes an initiative to support Ukraine's economic recovery through insurance.
4It aims to encourage investment in Ukraine from European allies and partners.
5The Secretary of State will report on the initiative's progress annually for four years.

Read full document

Last changed 24 days ago · checked hourly

War Risk Insurance for Ukraine

IntroducedJune 12, 2025

Introduced1 year ago

Intro

House

Senate

Pres

International Affairs

Why This Matters

If you work in shipping or trade with Ukraine, this bill could provide important insurance coverage for your business.

Who this affects

Commercial shipping companies · Workers involved in trade

What changes is this bill making?

1This bill provides temporary war risk insurance for certain commercial vessels operating in Ukraine.
2Eligible vessels include those owned by citizens of NATO countries and Ukraine.
3The bill establishes an initiative to support Ukraine's economic recovery through insurance.
4It aims to encourage investment in Ukraine from European allies and partners.
5The Secretary of State will report on the initiative's progress annually for four years.

Read full document

Last changed 24 days ago · checked hourly