HR 1412 · 107th Congress 2001โ€“2003, ended

To amend the Internal Revenue Code of 1986 to provide relief for payment of asbestos-related claims.

Latest action · Apr 5, 2001 Sponsor introductory remarks on measure. (CR E564)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 4, 2001
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Amends Internal Revenue Code provisions concerning designated settlement funds to exempt from tax any designated settlement fund established for the principal purpose of resolving and satisfying present and future claims relating to asbestos. Sets forth special rules concerning asbestos liability losses.

Cosponsors 126

Members who signed on, in the order they did. Signatures ran from Apr 4, 2001 to Oct 9, 2002; 74 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-NYAmo HoughtonOriginalApr 4, 2001
R-ARAsa HutchinsonOriginalApr 4, 2001
D-CABarbara LeeOriginalApr 4, 2001
D-MABarney FrankOriginalApr 4, 2001
D-MDBenjamin L. CardinOriginalApr 4, 2001
R-GABob BarrOriginalApr 4, 2001
R-VABob GoodlatteOriginalApr 4, 2001
D-TXCharles A. GonzalezOriginalApr 4, 2001
D-TXChet EdwardsOriginalApr 4, 2001
D-GACynthia A. McKinneyOriginalApr 4, 2001
D-ILDanny K. DavisOriginalApr 4, 2001
R-MIDave CampOriginalApr 4, 2001
R-FLDave WeldonOriginalApr 4, 2001
D-ILDavid D. PhelpsOriginalApr 4, 2001
R-OHDavid L. HobsonOriginalApr 4, 2001
R-LADavid VitterOriginalApr 4, 2001
R-OHDeborah PryceOriginalApr 4, 2001
R-WIF. James Sensenbrenner, Jr.OriginalApr 4, 2001
R-SCFloyd SpenceOriginalApr 4, 2001
D-CAGary A. ConditOriginalApr 4, 2001
D-WIGerald D. KleczkaOriginalApr 4, 2001
R-ILHenry J. HydeOriginalApr 4, 2001
D-CAHoward L. BermanOriginalApr 4, 2001
R-AZJ. D. HayworthOriginalApr 4, 2001
R-WAJennifer DunnOriginalApr 4, 2001
R-ILJerry WellerOriginalApr 4, 2001
R-FLJoe ScarboroughOriginalApr 4, 2001
R-OHJohn A. BoehnerOriginalApr 4, 2001
D-MIJohn Conyers, Jr.OriginalApr 4, 2001
D-GAJohn LewisOriginalApr 4, 2001
D-TNJohn S. TannerOriginalApr 4, 2001
R-ILJohn ShimkusOriginalApr 4, 2001
R-CAJohn T. DoolittleOriginalApr 4, 2001
R-GAJohnny IsaksonOriginalApr 4, 2001
R-PAJoseph R. PittsOriginalApr 4, 2001
D-FLKaren L. ThurmanOriginalApr 4, 2001
R-TXLarry CombestOriginalApr 4, 2001
R-SCLindsey GrahamOriginalApr 4, 2001
D-CALucille Roybal-AllardOriginalApr 4, 2001
R-TXMac ThornberryOriginalApr 4, 2001
D-OHMarcy KapturOriginalApr 4, 2001
R-FLMark FoleyOriginalApr 4, 2001
R-OHMichael G. OxleyOriginalApr 4, 2001
D-NYMichael R. McNultyOriginalApr 4, 2001
D-CAMike ThompsonOriginalApr 4, 2001
R-GANathan DealOriginalApr 4, 2001
R-OHPatrick J. TiberiOriginalApr 4, 2001
R-OHPaul E. GillmorOriginalApr 4, 2001
D-PAPaul E. KanjorskiOriginalApr 4, 2001
R-TXPete SessionsOriginalApr 4, 2001
R-NYPeter T. KingOriginalApr 4, 2001
R-ILPhilip M. CraneOriginalApr 4, 2001
R-TXRalph M. HallOriginalApr 4, 2001
R-OHRalph RegulaOriginalApr 4, 2001
D-VARick BoucherOriginalApr 4, 2001
R-OHRob PortmanOriginalApr 4, 2001
D-VARobert C. "Bobby" ScottOriginalApr 4, 2001
D-CARobert T. MatsuiOriginalApr 4, 2001
R-KYRon LewisOriginalApr 4, 2001
R-MORoy BluntOriginalApr 4, 2001
D-CASam FarrOriginalApr 4, 2001
R-TXSam JohnsonOriginalApr 4, 2001
D-TXSilvestre ReyesOriginalApr 4, 2001
R-ALSpencer BachusOriginalApr 4, 2001
D-OHStephanie Tubbs JonesOriginalApr 4, 2001
R-OHSteven C. LaTouretteOriginalApr 4, 2001
D-OHTed StricklandOriginalApr 4, 2001
D-OHTom SawyerOriginalApr 4, 2001
D-OHTony P. HallOriginalApr 4, 2001
R-VAVirgil H. Goode Jr.OriginalApr 4, 2001
R-CAWally HergerOriginalApr 4, 2001
R-OKWes WatkinsOriginalApr 4, 2001
D-LAWilliam J. JeffersonOriginalApr 4, 2001
D-CAXavier BecerraOriginalApr 4, 2001
R-CAEdward R. RoyceApr 26, 2001
R-SCJim DeMintApr 26, 2001
D-WAJim McDermottApr 26, 2001
R-TXJoe BartonApr 26, 2001
D-SCJohn M. Spratt, Jr.Apr 26, 2001
R-ILMark KirkApr 26, 2001
D-TXMartin FrostApr 26, 2001
R-OHRobert W. NeyApr 26, 2001
D-TXSheila Jackson LeeApr 26, 2001
R-PAJohn E. PetersonMay 2, 2001
R-TXLamar SmithMay 2, 2001
R-PAPhil EnglishMay 2, 2001
R-CARichard W. PomboMay 2, 2001
R-NYSue W. KellyMay 2, 2001
R-NHCharles F. BassMay 21, 2001
R-CADoug OseMay 21, 2001
D-CAEllen O. TauscherMay 21, 2001
D-MIJohn D. DingellMay 21, 2001
D-CAJuanita Millender-McDonaldMay 21, 2001
R-NELee TerryMay 21, 2001
D-OHSherrod BrownMay 21, 2001
R-ILJudy BiggertJun 14, 2001
R-PAMelissa A. HartJun 14, 2001
R-ALSonny CallahanJun 14, 2001
R-ILTimothy V. JohnsonJun 14, 2001
R-INJohn N. HostettlerJun 27, 2001
D-MSBennie G. ThompsonJun 28, 2001
D-VAJames P. MoranJun 28, 2001
D-ILJanice D. SchakowskyJun 28, 2001
R-TXKay GrangerJun 28, 2001
D-TXKen BentsenJun 28, 2001
D-CAAnna G. EshooJul 24, 2001
R-NCCass BallengerJul 24, 2001
R-CAElton GalleglyJul 24, 2001
R-PAGeorge W. GekasJul 24, 2001
R-KYHarold RogersJul 24, 2001
D-SCJames E. ClyburnJul 24, 2001
R-CAKen CalvertJul 24, 2001
R-NCRichard BurrJul 24, 2001
R-NCRobin HayesJul 24, 2001
R-NCSue Wilkins MyrickJul 24, 2001
R-WIThomas E. PetriJul 24, 2001
R-NCWalter B. JonesJul 24, 2001
R-CADavid DreierAug 1, 2001
R-CAGeorge RadanovichAug 1, 2001
R-ILRay LaHoodAug 1, 2001
D-CAGrace F. NapolitanoAug 2, 2001
D-ILJerry F. CostelloAug 2, 2001
D-CAMichael M. HondaOct 2, 2001
D-TXNick LampsonOct 2, 2001
R-SCJoe WilsonJan 24, 2002
R-GASaxby ChamblissOct 9, 2002

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Apr 4, 2001

Actions 3

Everything that happened, newest first.

  1. Apr 5, 2001Sponsor introductory remarks on measure. (CR E564)
  2. Apr 4, 2001Introduced in House
  3. Apr 4, 2001Referred to the House Committee on Ways and Means.

In the Congressional Record 1

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
ExtensionsDebate and remarks E564Mac Collins R-GAApr 5, 2001

Titles 1

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend the Internal Revenue Code of 1986 to provide relief for payment of asbestos-related claims.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

  1. Apr 4, 2001Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.