KY HB245 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 24 2018 - 25% progression, died in committee
Action: 2018-03-15 - reassigned to Judiciary (H)
Pending: House Judiciary Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 24 2018 - 25% progression, died in committee
Action: 2018-03-15 - reassigned to Judiciary (H)
Pending: House Judiciary Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
Create new sections of KRS Chapter 411 to define terms; apply limitations to successor corporations' liability, except in certain enumerated situations; stipulate when the fair market value of a successor corporation's total gross assets are determined; stipulate how a successor corporation may establish fair market value; stipulate how the prime rate is to be calculated.
Title
AN ACT relating to successor corporation asbestos-related liabilities.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-03-15 | House | reassigned to Judiciary (H) |
| 2018-02-06 | House | posted in committee |
| 2018-01-26 | House | to Economic Development & Workforce Investment (H) |
| 2018-01-24 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/18RS/HB245.htm |
| Text | http://www.lrc.ky.gov/recorddocuments/bill/18RS/HB245/bill.pdf |
