H.R. 9348, titled the "Justice for Victims of Foreign Vessel Accidents Act," proposes changes to how maritime liability is handled in the United States, especially concerning foreign vessels. The bill amends the Shipowners’ Limitation of Liability Act of 1851 to increase the...
Simple Explanation
H.R. 9348 is about making rules for boats from other countries so they can pay more if something bad happens, like an accident. It says these boats could owe up to ten times what they are worth if something goes wrong, starting from March 25, 2024.