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United States · Bill · HR

H.R. 4543 (106th)

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

referredUnited States· United States Congress· EN

Introduced

25 May 2000

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

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.

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Documents

3 official files

Introduced in House (text)

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Sources

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