US Congress House Bill 4369 (Prior Session Legislation)

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September 21 2012 - Placed on the Union Calendar, Calendar No. 498.
Text: Latest bill text (Introduced) [PDF]

Furthering Asbestos Claim Transparency (FACT) Act of 2012 - Amends federal bankruptcy law concerning a trust formed under a plan of reorganization following the discharge in bankruptcy of a debtor corporation in order to assume the debtor's liability with respect to claims seeking recovery for personal injury, wrongful death, or property damage allegedly caused by the presence of, or exposure to, asbestos or asbestos-containing products. Requires such trust to file with the bankruptcy court quarterly reports, available on the public docket, which describe each demand the trust has received from a claimant and the basis for any payment made to that claimant (excluding any confidential medical record or the claimant's full Social Security number). Requires such reports, upon written request and subject to payment (demanded at the option of the trust) for reasonable costs, to provide any information related to payment from, and demands for payment from, the trust to any party to any action in law or equity if the subject concerns liability for asbestos exposure.

Furthering Asbestos Claim Transparency (FACT) Act of 2012

Rep Quayle, Benjamin	Rep Goodlatte, Bob	Rep Griffin, Tim	Rep Matheson, Jim
Rep Ross, Dennis	Rep Sensenbrenner, F. James, Jr.

Date	Chamber	Action
2012-09-21	House	Placed on the Union Calendar, Calendar No. 498.
2012-09-21	House	Reported (Amended) by the Committee on Judiciary. H. Rept. 112-687.
2012-06-08	House	Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 14.
2012-06-08	House	Committee Consideration and Mark-up Session Held.
2012-06-05	House	Subcommittee on Courts, Commercial and Administrative Law Discharged.
2012-05-10	House	Subcommittee Hearings Held.
2012-04-19	House	Referred to the Subcommittee on Courts, Commercial and Administrative Law.
2012-04-17	House	Referred to the House Committee on the Judiciary.

SB3076 (Related) 2012-05-10 - Read twice and referred to the Committee on the Judiciary.

Type	Source
Summary	http://thomas.loc.gov/cgi-bin/bdquery/z?d112:HN04369:@@@L&summ2=m&
Text	http://gpo.gov/fdsys/pkg/BILLS-112hr4369ih/pdf/BILLS-112hr4369ih.pdf
Text	http://gpo.gov/fdsys/pkg/BILLS-112hr4369rh/pdf/BILLS-112hr4369rh.pdf