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.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Mar 6, 2013 to Jun 3, 2013; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-UT | Jim Matheson | Original | Mar 6, 2013 |
| R-OH | Steve Chabot | Jun 3, 2013 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Judiciary Committee | Referred Mar 6, 2013Markup May 21, 2013Reported Nov 12, 2013 |
| Administrative State, Regulatory Reform, and Antitrust Subcommittee | Referred Apr 8, 2013Discharged May 20, 2013 | |
| Senate | Judiciary Committee | Referred Nov 14, 2013 |
Actions 36
Everything that happened, newest first.
- Nov 14, 2013Received in the Senate and Read twice and referred to the Committee on the Judiciary.
- Nov 13, 2013Rule H. Res. 403 passed House.
- Nov 13, 2013The Speaker designated the Honorable Rob Bishop to act as Chairman of the Committee.
- Nov 13, 2013Considered under the provisions of rule H. Res. 403. (consideration: CR H7017-7029)
- Nov 13, 2013The resolution provides for the consideration of H.R. 2655 and H.R. 982. In the case of H.R. 2655, the resolution provides for one hour of debate and one motion to recommit. In the case of H.R. 982, the resolution provides for one hour of general debate and makes in order only those amendments printed in the Rules Committee report. The resolution also provides for one motion to recommit the bill H.R. 982.
In the Congressional Record 3
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.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Extensions | Debate and remarks E1676 | Chris Van Hollen D-MD | Nov 15, 2013 |
| House | Debate and remarks H7009–H7017, H7017–H7034, H7042Text printed H7009, H7024Amendments H7015, H7025, H7026, H7027Motions H7032Recorded votes H7016, H7017, H7030, H7031, H7032, H7033Cohen amendment (exempt certain asbestos trusts from disclosure and filing of quarterly reports of information for claims for injuries based on exposure to asbestos)consideration (H. Res. 403), previous questionenactJackson Lee amendment (require companies to report location of asbestos-containing products when disclosing asbestos trusts reports relative to asbestos industry defendants)Owens motion to recommit (exempt Armed Forces members and veterans from certain reporting requirements for claims for injuries based on exposure to asbestos) | Alcee L. Hastings D-FL (amendment), Blake Farenthold R-TX, Bob Goodlatte R-VA, Eddie Bernice Johnson D-TX, Elizabeth H. Esty D-CT, Eric Swalwell D-CA, Hakeem S. Jeffries D-NY, Henry C. "Hank" Johnson, Jr. D-GA, Janice D. Schakowsky D-IL, Jared Polis D-CO, Jerrold Nadler D-NY (amendment), John Conyers, Jr. D-MI, Nancy Pelosi D-CA, Rob Woodall R-GA, Robert C. "Bobby" Scott D-VA, Rodney Davis R-IL, Sheila Jackson Lee D-TX (amendment), Spencer Bachus R-AL, Steve Cohen D-TN (amendment), Theodore E. Deutch D-FL, William L. Owens D-NY (motion) | Nov 13, 2013 |
| House | Declaratory Statements H7000 | — | Nov 12, 2013 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee reports
Congressional Budget Office cost estimate
- Jun 10, 2013H.R. 982, Furthering Asbestos Claim Transparency (FACT) Act of 2013As ordered reported by the House Committee on the Judiciary on May 21, 2013
Constitutional authority
The sponsor’s statement, as printed in the page H1320.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 113-39 | FURTHERING ASBESTOS CLAIM TRANSPARENCY (FACT) ACT OF 2013191 pages | Judiciary Committee | Mar 13, 2013 |
Amendments 3
Amendments offered to this bill.
Related bills 3
Companion bills and other measures the record links to this one.
Titles 4
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend title 11 of the United States Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos; and for other purposes.
- Short Titles as Introduced
- Furthering Asbestos Claim Transparency (FACT) Act of 2013
- Short Titles as Reported to House
- Furthering Asbestos Claim Transparency (FACT) Act of 2013
- Short Titles as Passed House
- Furthering Asbestos Claim Transparency (FACT) Act of 2013
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
