Furthering Asbestos Claim Transparency (FACT) Act of 2013
Latest action · Nov 14, 2013 Received in the Senate and Read twice and referred to the Committee on the Judiciary.
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.
- IntroducedMar 6, 2013
- Passed HouseNov 13, 2013
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Furthering Asbestos Claim Transparency (FACT) Act of 2013 - Amends federal bankruptcy law concerning a trust formed under a reorganization plan 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 a 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 any reasonable cost incurred by it, 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 concerning liability for asbestos exposure.
Recorded votes 5
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 579 | On Passage | Passed221–199 | Nov 13, 2013 |
| House 578 | On Motion to Recommit with Instructions | Failed197–224 | Nov 13, 2013 |
| House 577 | On Agreeing to the Amendment | Failed195–226 | Nov 13, 2013 |
| House 576 | On Agreeing to the Amendment | Failed194–226 | Nov 13, 2013 |
| House 575 | On Agreeing to the Amendment | Failed198–223 | Nov 13, 2013 |
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Mar 6, 2013 to Jun 3, 2013, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-UT | Jim Matheson | Original | Mar 6, 2013 |
| R-OH | Steve Chabot | Jun 3, 2013 |
Actions 37
Everything that happened, newest first.
- Nov 14, 2013Received in the Senate and Read twice and referred to the Committee on the Judiciary.
- Nov 13, 2013Committee of the Whole House on the state of the Union rises leaving H.R. 982 as unfinished business.
- Nov 13, 2013Considered as unfinished business. (consideration: CR H7029-7034)
- Nov 13, 2013Considered under the provisions of rule H. Res. 403. (consideration: CR H7017-7029)
- Nov 13, 2013DEBATE - Pursuant to the provisions of H.Res. 403, the Committee of the Whole proceeded with 10 minutes of debate on the Cohen amendment.
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HRES 403 | Providing for consideration of the bill (H.R. 2655) to amend Rule 11 of the Federal Rules of Civil Procedure to improve attorney accountability, and for other purposes, and providing for consideration of the bill (H.R. 982) to amend title 11 of the United | Procedurally related | Nov 13, 2013 |
| S 2319 | FACT Act | Related bill | May 12, 2014 |
| HR 5360 | American Renaissance in Manufacturing Act | Related bill | Sep 15, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- Nov 14, 2013Referred in Senate
- Nov 13, 2013Engrossed in House
- Oct 30, 2013Reported in House
- Mar 6, 2013Introduced in House
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.