[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2248 Introduced in House (IH)]






108th CONGRESS
  1st Session
                                H. R. 2248

     To expand coverage under the Arts and Artifacts Indemnity Act.


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                    IN THE HOUSE OF REPRESENTATIVES

                              May 22, 2003

 Ms. McCollum (for herself, Mr. Abercrombie, Ms. Eddie Bernice Johnson 
of Texas, Mrs. Christensen, Mrs. Davis of California, Mr. Hinojosa, Mr. 
  Hoekstra, Ms. McCarthy of Missouri, Mr. McGovern, Mr. Menendez, Mr. 
  Nadler, Mr. Sabo, and Ms. Slaughter) introduced the following bill; 
   which was referred to the Committee on Education and the Workforce

_______________________________________________________________________

                                 A BILL


 
     To expand coverage under the Arts and Artifacts Indemnity Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXPANDED INDEMNITY COVERAGE OF ARTS AND ARTIFACTS.

    Section 5 of the Arts and Artifacts Indemnity Act (20 U.S.C. 974) 
is amended--
            (1) in subsection (b), by striking ``$5,000,000,000'' and 
        inserting ``$8,000,000,000'';
            (2) in subsection (c), by striking ``$500,000,000'' and 
        inserting ``$600,000,000'';
            (3) in subsection (d)--
                    (A) in paragraph (6), by striking ``or'' after the 
                semicolon; and
                    (B) by striking paragraph (7) and inserting the 
                following:
            ``(7) not less than $400,000,000 but less than 
        $500,000,000, then coverage under this Act shall extend only to 
        loss or damage in excess of the first $400,000 of loss or 
        damage to items covered; or
            ``(8) $500,000,000 or more, then coverage under this Act 
        shall extend only to loss or damage in excess of the first 
        $500,000 of loss or damage to items covered.''.
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