H.R.4369: Furthering Asbestos Claim Transparency (FACT) Act of 2012

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced April 17, 2012
  • Latest Major Action Sept. 21, 2012

Bill Sponsor

Bill Summary

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....

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Courts, Commercial and Administrative Law.
Subcommittee Hearings Held.
Subcommittee on Courts, Commercial and Administrative Law Discharged.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 14.
Reported (Amended) by the Committee on Judiciary. H. Rept. 112-687.
Placed on the Union Calendar, Calendar No. 498.
April 17, 2012

Introduced in the House by Ben Quayle (R-Ariz.)

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