H.R. 982 — 113th Congress

Furthering Asbestos Claim Transparency (FACT) Act of 2013

Originated in the House · Introduced Mar 6, 2013 · Finance and Financial Sector

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Latest action

Nov 14, 2013

Received in the Senate and Read twice and referred to the Committee on the Judiciary.

CRS summary

As of Nov 13, 2013

Passed House amended

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.

Congressional Research Service, via api.congress.gov (public domain)

Roll-call votes

5 on record
DateChamberQuestionMember pagesResult
Nov 13, 2013HouseOn PassagePassed (221–199)
Nov 13, 2013HouseOn Motion to Recommit with InstructionsFailed (197–224)
Nov 13, 2013HouseOn Agreeing to the AmendmentFailed (195–226)
Nov 13, 2013HouseOn Agreeing to the AmendmentFailed (194–226)
Nov 13, 2013HouseOn Agreeing to the AmendmentFailed (198–223)

Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.