Furthering Asbestos Claim Transparency (FACT) Act of 2015
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HR 526 — Furthering Asbestos Claim Transparency (FACT) Act of 2015
Last action — Placed on the Union Calendar, Calendar No. 271.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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Died in session
This bill died with 114th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Furthering Asbestos Claim Transparency (FACT) Act of 2015 (Sec. 2) This bill 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. Such a trust shall 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). Such reports, upon written request, and subject to payment (demanded at the option of the trust) for any reasonable cost incurred by it, shall 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.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 526 on the official United States source →Action History
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Placed on the Union Calendar, Calendar No. 271.
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Reported by the Committee on Judiciary. H. Rept. 114-352.
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Ordered to be Reported by the Yeas and Nays: 19 - 9.
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Committee Consideration and Mark-up Session Held.
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Subcommittee on Regulatory Reform, Commercial And Antitrust Law Discharged.
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Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
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Referred to the House Committee on the Judiciary.
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Introduced in House
Sponsors
- Blake Farenthold · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 526 do?
- Furthering Asbestos Claim Transparency (FACT) Act of 2015 (Sec. 2) This bill 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. Such a trust shall 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). Such reports, upon written request, and subject to payment (demanded at the option of the trust) for any reasonable cost incurred by it, shall 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.
- Who sponsors HR 526?
- HR 526 is sponsored by Blake Farenthold (R).
- What is the current status of HR 526?
- This bill died with 114th Congress. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 526?
- Track HR 526 free on One Click Politics — get push/email alerts when it moves.
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