Furthering Asbestos Claim Transparency (FACT) Act of 2017

Summary

Furthering Asbestos Claim Transparency (FACT) Act of 2017 This bill amends federal bankruptcy law to establish disclosure requirements with respect to a trust that is formed under a reorganization plan, following the discharge in bankruptcy of a debtor corporation, for the purpose of assuming the debtor's liability regarding certain legal claims related to liability for asbestos exposure. Such a trust must file with the bankruptcy court quarterly reports, available on the public docket, that describe each demand the trust has received from a claimant and the basis for any payment made to that claimant. These reports shall not include any confidential medical record or the claimant's full Social Security number. Upon written request, and subject to payment for reasonable costs, a trust must provide information related to payment from, and demands for payment from, the trust to any party to an action concerning liability for asbestos exposure.

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Timeline

1. 7 February 2017

   Referred

   Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

   Source: Committee

2. 7 February 2017

   Introduced

   Referred to the House Committee on the Judiciary.

   Source: IntroReferral

3. 7 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 7 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

5. 15 February 2017

   Vote

   Ordered to be Reported by the Yeas and Nays: 19 - 11.

   Source: Committee

6. 15 February 2017

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

7. 24 February 2017

   Calendars

   Placed on the Union Calendar, Calendar No. 6.

   Source: Calendars

8. 24 February 2017

   Reported

   Reported by the Committee on Judiciary. H. Rept. 115-18.

   Source: Committee

9. 24 February 2017

   Reported

   Reported by the Committee on Judiciary. H. Rept. 115-18.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Reported in House · 24 February 2017 · Download file
• Introduced in House · 7 February 2017 · Download file

Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 24 February 2017

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 24 February 2017

  ViewDownloadOpen at official source

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  Vertaal document

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• Reported to House without amendment

  summary · EN · 24 February 2017

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  Vertaal document

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• Introduced in House (text)

  Introduced in House · EN · 7 February 2017

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House (PDF)

  Introduced in House · EN · 7 February 2017

  ViewDownloadOpen at official source

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  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 7 February 2017

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Farenthold, Blake [R-TX-27] · R · Sponsor
• Rep. Goodlatte, Bob [R-VA-6] · R · Sponsor
• Rep. Marino, Tom [R-PA-10] · R · Sponsor
• Rep. Smith, Lamar [R-TX-21] · R · Cosponsor
• Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
• · hsju00 · Standing

Related records

• related to ← Fairness in Class Action Litigation and Furthering Asbestos Claim Transparency Act of 2017
• related to ← Furthering Asbestos Claim Transparency (FACT) Act of 2015