I 

117TH CONGRESS 

2D SESSION H. R. 7016 

To waive the statute of limitations for cases against the government related 

to the General Motors bailout that were filed on or before July 9, 

2015, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

MARCH 9, 2022 

Mr. CARTER of Louisiana introduced the following bill; which was referred to 

the Committee on the Judiciary 

A BILL 

To waive the statute of limitations for cases against the 

government related to the General Motors bailout that 

were filed on or before July 9, 2015, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘General Motors Bail5 out Act of 2022’’. 


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1 SEC. 2. SETTLEMENT OF ACCIDENT VICTIM LITIGATION RE2 LATED TO THE GENERAL MOTORS BAILOUT; 

3 WAIVER OF STATUTE OF LIMITATIONS. 

4 (a) Any eligible civil action arising from the filing of 

5 an eligible complaint alleging a violation of the takings 

6 clause of amendment V to the United States Constitution 

7 is not subject to any statute of limitations. 

8 (b) The United States shall pay just compensation 

9 to an eligible claimant, consistent with amendment V to 

10 the Constitution of the United States, to resolve an eligible 

11 claim. Just compensation payments to eligible claimants 

12 shall be made pursuant to section 1304 of title 31, United 

13 States Code. 

14 (c) If a settlement agreement has not been submitted 

15 to the court presiding over an eligible complaint within 

16 30 days after the date of enactment of this Act, the Attor17 ney General shall submit a report to Congress describing 

18 the reasons why a settlement agreement was not reached 

19 with counsel of record to an eligible complaint. 

20 SEC. 3. DEFINITIONS. 

21 For purposes of this Act, the following definitions 

22 shall apply: 

23 (1) The term ‘‘eligible claim’’ means a claim as24 serted in an eligible complaint on behalf of all eligi25 ble claimants. 


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1 (2) The term ‘‘eligible claimant’’ means a plain2 tiff, class member, or putative class member in re3 spect of the eligible complaint who holds an eligible 

4 claim and who filed a proof of claim in the bank5 ruptcy case captioned In re Motors Liquidation 

6 Company, et al., No. 09–50026 (Bankr. S.D.N.Y), 

7 based on death or personal injuries that were caused 

8 by or attributable to alleged defects in motor vehi9 cles designed for operation on public roadways, or by 

10 the component parts of such motor vehicles, and in 

11 each case, manufactured, sold, or delivered by Gen12 eral Motors Corporation or any of its subsidiaries on 

13 or before June 1, 2009. 

14 (3) The term ‘‘eligible complaint’’ means the 

15 complaint filed with the United States Court of Fed16 eral Claims by or on behalf of eligible claimants on 

17 July 9, 2015, captioned Campbell, et al., v. United 

18 States, No. 15–717, alleging violation by the United 

19 States of amendment V to the Constitution in con20 nection with the acquisition on July 10, 2009, by 

21 NGMCO, Inc., a United States Treasury-sponsored 

22 entity, of substantially all the assets of General Mo23 tors Corporation. 

24 (4) The term ‘‘just compensation’’ means pay25 ment of a lump-sum amount equal to the sum of— 


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1 (A) 2.5 times the ‘‘allowed amount’’ listed 

2 on the final claims register filed on June 3, 

3 2021, in the In re Motors Liquidation Company 

4 bankruptcy case in respect of a proof of claim 

5 filed by or on behalf of an eligible claimant, 

6 plus 

7 (B) interest thereon, plus 

8 (C) reasonable court-approved fees and 

9 costs to counsel of record on the eligible com10 plaint, all without offset of any kind. 

11 Interest shall accrue on all eligible claims from July 

12 10, 2009, to the effective date of settlement at a 

13 rate of three and one-half percent (3.5 percent) per 

14 annum, compounded quarterly. 

Æ 


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