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Title: Air Transportation Safety and System Stabilization Act
Vote Smart's Synopsis:
Vote to pass a bill to provide support to United States airlines following the September 11, 2001 terrorist attacks.
Highlights:
- Provides airlines up to $10 billion in loans and in the aggregate of $5 billion in grants to cover for direct and incremental losses due to the attacks on September 11, 2001.
- Establishes an Air Transportation Stabilization Board to oversee and handle loans.
- Creates compensation program for individuals who were killed or injured from the attacks on September 11, 2001, and their survivors.