3.0.0 12 2023-01-14T22:48:31Z 2023-01-14T22:48:31Z Senate S S 2004-11-19 108 ssju00 Judiciary Committee Senate Standing Referred to 2004-11-19T16:36:25Z Class Action Fairness Act of 2004 108 2062 S 2004-07-08 Cloture not invoked in Senate by Yea-Nay Vote. 44 - 43. Record Vote Number: 154. (consideration: CR S7818-7819) Identical bill CRS 2004-11-19 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. IntroReferral 2004-11-19 Introduced in Senate IntroReferral 10000 9 Library of Congress G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. N Law Appellate courts Appellate procedure Bank holding companies Charitable contributions Class actions (Civil procedure) Commerce Congress Congressional reporting requirements Damages District courts Evidence (Law) Expert witnesses Finance and Financial Sector Foreign Trade and International Finance Foreign banks and banking Government Operations and Politics Government paperwork Injunctions Judicial opinions Jurisdiction Legal fees State courts Subsidiary corporations Supreme Court Law 00 2004-11-19 Introduced in Senate 2005-01-07T20:12:29Z Class Action Fairness Act of 2004 - Amends the Federal judicial code to specify the calculation of contingent and other attorney's fees in proposed class action settlements that provide for the award of coupons to class members.

Prohibits a Federal district court from approving: (1) a proposed coupon settlement absent a finding that the settlement is fair, reasonable, and adequate; (2) a proposed settlement involving payments to class counsel that would result in a net monetary loss to class members, absent a finding that the loss is substantially outweighed by nonmonetary benefits; or (3) a proposed settlement that provides greater sums to some class members solely because they are closer geographically to the court.

Specifies requirements for notices of proposed settlements.

Grants district courts original jurisdiction of any civil action in which the matter in controversy exceeds $5 million, exclusive of interest and costs, and is between citizens of different States, or citizens of a State and a foreign State or its citizens or subjects.

Lists those factors pursuant to which a district court may decline to exercise jurisdiction over a class action, and specifies those circumstances in which a district court must decline jurisdiction.

Sets forth provisions governing the removal of interstate class actions to Federal district court and the review on appeal of remand orders.

Directs the Judicial Conference of the United States to report on class action settlements, incorporating recommendations for best court practices to ensure fairness for class members and appropriate fees for counsel.

]]> Class Action Fairness Act of 2004 Display Title Class Action Fairness Act of 2004 Official Title as Introduced A bill to amend the procedures that apply to consideration of interstate class actions to assure fairer outcomes for class members and defendants, and for other purposes. Introduced in Senate IS Short Titles as Introduced Class Action Fairness Act of 2004 Introduced in Senate 2004-11-19T05:00:00Z 2004-11-19 Read twice and referred to the Committee on the Judiciary. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.