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United States · Bill · S

S. 1578 (107th)

American Travel Industry Stabilization Act

referredUnited States· United States Congress· EN

Introduced

25 October 2001

Last action

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

19 August 2025

Summary

American Travel Industry Stabilization Act - Directs the President to issue Federal credit instruments, amounting in the aggregate up to $5 billion, to compensate eligible travel-related businesses that were injured by the Government shutdown of the airline industry following the terrorist attacks on the United States that occurred on September 11, 2001. Requires the Air Transportation Stabilization Board to review and make recommendations to the President with respect to applications for such instruments. Sets forth certain Board and instrument requirements.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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