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United States · Bill · HR

H.R. 1412 (107th)

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

openUnited States· United States Congress· EN

Introduced

4 April 2001

Last action

5 April 2001 · Introduced

Status

Sponsor introductory remarks on measure. (CR E564)

Sponsors

Rep. Collins, Mac [R-GA-3], Rep. Lewis, John [D-GA-5], Rep. Hyde, Henry J. [R-IL-6], Rep. Conyers, John, Jr. [D-MI-13], Rep. Sensenbrenner, F. James, Jr. [R-WI-5], Rep. Bachus, Spencer [R-AL-6], Rep. Barr, Bob [R-GA-7], Rep. Becerra, Xavier [D-CA-34], Rep. Berman, Howard L. [D-CA-28], Sen. Blunt, Roy [R-MO], Rep. Boehner, John A. [R-OH-8], Rep. Boucher, Rick [D-VA-9], Rep. Camp, Dave [R-MI-4], Sen. Cardin, Benjamin L. [D-MD], Rep. Combest, Larry [R-TX-19], Rep. Condit, Gary A. [D-CA-18], Rep. Crane, Philip M. [R-IL-8], Rep. Davis, Danny K. [D-IL-7], Rep. Deal, Nathan [R-GA-9], Rep. Doolittle, John T. [R-CA-4], Rep. Dunn, Jennifer [R-WA-8], Rep. Edwards, Chet [D-TX-17], Rep. Farr, Sam [D-CA-20], Rep. Foley, Mark [R-FL-16], Rep. Frank, Barney [D-MA-4], Rep. Gillmor, Paul E. [R-OH-5], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Goodlatte, Bob [R-VA-6], Rep. Gonzalez, Charles A. [D-TX-20], Sen. Graham, Lindsey [R-SC], Rep. Hall, Ralph M. [R-TX-4], Rep. Hall, Tony P. [D-OH-3], Rep. Hayworth, J. D. [R-AZ-5], Rep. Herger, Wally [R-CA-2], Rep. Hobson, David L. [R-OH-7], Rep. Houghton, Amo [R-NY-31], Rep. Hutchinson, Asa [R-AR-3], Sen. Isakson, Johnny [R-GA], Rep. Jefferson, William J. [D-LA-2], Rep. Johnson, Sam [R-TX-3], Rep. Jones, Stephanie Tubbs [D-OH-11], Rep. Kanjorski, Paul E. [D-PA-11], Rep. Kaptur, Marcy [D-OH-9], Rep. King, Peter T. [R-NY-2], Rep. Kleczka, Gerald D. [D-WI-4], Rep. LaTourette, Steven C. [R-OH-14], Rep. Lee, Barbara [D-CA-12], Rep. Lewis, Ron [R-KY-2]

Subjects

Taxation

Source updated

2 January 2025

Taxation

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 April 2001

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 4 April 2001

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 4 April 2001

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 April 2001

    Introduced

    Sponsor introductory remarks on measure. (CR E564)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 4 April 2001

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 4 April 2001

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 4 April 2001

    Open at official source

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Sponsors

Showing 48 of 128 sponsors and actors.

Related records

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Sources

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