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Ukraine War Risk Insurance Act

In committee: it can still change before the session ends.

US HR 3973 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
3
Latest action
Jun 12, 2025

What it does

The Ukraine War Risk Insurance Act would provide temporary war risk insurance for certain commercial vessels transporting goods to or from Ukraine for five years after enactment, expanding eligibility to vessels owned by citizens of NATO countries, Ukraine, or other countries deemed eligible by the Secretary of State in consultation with the Secretary of Transportation. It establishes an Insurance for Ukraine Initiative within the Department of State to bolster confidence in Ukraine’s economic recovery, encourage allied investment, promote economic integration, coordinate with private insurers, and support grain shipments, while requiring annual reports to congressional committees and…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Jun 12, 2025

  2. Committee (Current step)

    In committee · Jun 12, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Ukraine War Risk Insurance Act | 52