Page:United States Statutes at Large Volume 124.djvu/3689

 124 STAT. 3663 PUBLIC LAW 111–347—JAN. 2, 2011 SEC. 203. REQUIREMENT TO UPDATE REGULATIONS. Section 407 of the Air Transportation Safety and System Sta- bilization Act (49 U.S.C. 40101 note) is amended— (1) by striking ‘‘Not later than’’ and inserting ‘‘(a) IN GEN- ERAL.—Not later than’’; and (2) by adding at the end the following new subsection: ‘‘(b) UPDATED REGULATIONS.—Not later than 180 days after the date of the enactment of the James Zadroga 9/11 Health and Compensation Act of 2010, the Special Master shall update the regulations promulgated under subsection (a) to the extent nec- essary to comply with the provisions of title II of such Act.’’. SEC. 204. LIMITED LIABILITY FOR CERTAIN CLAIMS. Section 408(a) of the Air Transportation Safety and System Stabilization Act (49 U.S.C. 40101 note) is amended by adding at the end the following new paragraphs: ‘‘(4) LIABILITY FOR CERTAIN CLAIMS.—Notwithstanding any other provision of law, liability for all claims and actions (including claims or actions that have been previously resolved, that are currently pending, and that may be filed) for compen- satory damages, contribution or indemnity, or any other form or type of relief, arising from or related to debris removal, against the City of New York, any entity (including the Port Authority of New York and New Jersey) with a property interest in the World Trade Center on September 11, 2001 (whether fee simple, leasehold or easement, or direct or indirect) and any contractors and subcontractors, shall not be in an amount that exceeds the sum of the following, as may be applicable: ‘‘(A) The amount of funds of the WTC Captive Insur- ance Company, including the cumulative interest. ‘‘(B) The amount of all available insurance identified in schedule 2 of the WTC Captive Insurance Company insurance policy. ‘‘(C) As it relates to the limitation of liability of the City of New York, the amount that is the greater of the City of New York’s insurance coverage or $350,000,000. In determining the amount of the City’s insurance coverage for purposes of the previous sentence, any amount described in subparagraphs (A) and (B) shall not be included. ‘‘(D) As it relates to the limitation of liability of any entity, including the Port Authority of New York and New Jersey, with a property interest in the World Trade Center on September 11, 2001 (whether fee simple, leasehold or easement, or direct or indirect), the amount of all available liability insurance coverage maintained by any such entity. ‘‘(E) As it relates to the limitation of liability of any individual contractor or subcontractor, the amount of all available liability insurance coverage maintained by such contractor or subcontractor on September 11, 2001. ‘‘(5) PRIORITY OF CLAIMS PAYMENTS.—Payments to plaintiffs who obtain a settlement or judgment with respect to a claim or action to which paragraph (4) applies, shall be paid solely from the following funds in the following order, as may be applicable: ‘‘(A) The funds described in subparagraph (A) or (B) of paragraph (4). Applicability. Deadline.