3.0.0 1751 2021-09-29T22:19:04Z 2023-01-15T02:58:55Z Senate S S 2003-10-16 108 Class Action Fairness Act of 2003 108 1115 HR 2003-06-12 Received in the Senate and Read twice and referred to the Committee on the Judiciary. Related bill House Class Action Fairness Act of 2003 108 274 S 2003-07-31 By Senator Hatch from Committee on the Judiciary filed written report. Report No. 108-123. Minority views filed. Related bill House 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) Related bill House 2003-10-22 Senate Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 59 - 39. Record Vote Number: 403. Floor 403 https://www.senate.gov/legislative/LIS/roll_call_votes/vote1081/vote_108_1_00403.xml Senate 108 2003-10-22T17:03:14Z 1 2003-10-22 Senate Motion to proceed to measure considered in Senate. Floor 2003-10-21 Senate Motion to proceed to measure considered in Senate. Floor 2003-10-20 Senate Cloture motion presented in Senate. Floor 2003-10-20 Senate Motion to proceed to measure considered in Senate. Floor 2003-10-17 Senate Motion to proceed to measure considered in Senate. Floor 2003-10-17 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 315. Calendars 2003-10-17 Senate Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2003-10-16 Introduced in Senate IntroReferral 10000 9 Library of Congress G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. N K000305 Sen. Kohl, Herb [D-WI] HERBERT KOHL D WI H. 2003-10-16 True H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2003-10-16 True C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2003-10-16 True S000709 Sen. Specter, Arlen [R-PA] ARLEN SPECTER R PA 2003-10-16 True M001141 Sen. Miller, Zell [D-GA] ZELL MILLER D GA 2003-10-16 True C001040 Sen. Chafee, Lincoln [R-RI] LINCOLN CHAFEE R RI D. 2003-10-16 True L000504 Sen. Lugar, Richard G. [R-IN] RICHARD LUGAR R IN GREEN 2003-10-16 True C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2003-10-20 False S001078 Sen. Sununu, John E. [R-NH] John Sununu R NH E. 2003-10-21 False V000126 Sen. Voinovich, George V. [R-OH] GEORGE VOINOVICH R OH V. 2003-10-21 False A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN 2003-10-22 False A000121 Sen. Allen, George [R-VA] GEORGE ALLEN R VA F. 2003-10-22 False H001028 Sen. Hagel, Chuck [R-NE] CHUCK HAGEL R NE 2003-10-28 False Law Bank holding companies Class actions (Civil procedure) Commerce Congress Congressional reporting requirements Damages District courts Finance and Financial Sector Foreign Trade and International Finance Foreign banks and banking Government Operations and Politics Government paperwork Judicial opinions Jurisdiction Legal fees Radio broadcasting Science, Technology, Communications State courts Subsidiary corporations Television advertising Law 00 2003-10-17 Introduced in Senate 2003-10-23T14:45:28Z Class Action Fairness Act of 2003 - Amends the Federal judicial code to prohibit a Federal district court from approving a proposed class action settlement under which: (1) members would receive non-cash benefits or would be required to expend funds in order to obtain proposed benefits, unless the court finds, after a hearing, that the settlement is fair, reasonable, and adequate; (2) any member is obligated to pay sums to class counsel that would result in a net loss to the member, unless the court finds that non-monetary benefits to the member outweigh the monetary loss; (3) greater sums would be paid to some class members than to others solely on the basis of their closer geographic proximity to the court; or (4) a greater share would be paid to a class representative than to other class members. Sets forth requirements for: (1) notices of class actions to class members, including a requirement that such notice include a summary written in plain, easily understood language of class member legal consequences, rights, and benefits, obligations of defendants, and attorney fees; and (2) notices of proposed settlements to be served upon appropriate State and Federal regulatory officials.

Grants Federal district courts original jurisdiction of any civil action in which the matter in controversy exceeds $5 million, exclusive of interest and costs, and in which any member of a class of plaintiffs is: (1) a citizen of a State different from any defendant; (2) a foreign state or a citizen or subject of a foreign state and any defendant is a citizen of a State; or (3) a citizen of a State and any defendant is a foreign state or a citizen or subject of a foreign state.

Sets forth considerations based upon which a district court may decline to exercise jurisdiction over a class action in which greater than one-third but less than two-thirds of the members of all proposed plaintiff classes in the aggregate and the primary defendants are citizens of the State in which the action was originally filed, including consideration of whether: (1) the claims asserted involve matters of national or interstate interest; and (2) the class action has been pleaded in a manner that seeks to avoid Federal jurisdiction.

Provides that district courts shall not be granted jurisdiction over any class action: (1) in which two-thirds or more of the members of all proposed plaintiff classes and the primary defendants are citizens of the State in which the action was originally filed; (2) in which the primary defendants are States; (3) in which the number of members of all proposed plaintiff classes is less than 100; or (4) involving certain securities claims or claims involving the internal governance of a corporation that arise under the laws of the State of incorporation.

Sets forth provisions governing: (1) the removal of interstate class actions to U.S. district court; and (2) review by appeal of orders remanding class actions to State courts.

Directs the Judicial Conference of the United States to report on class action settlements, including recommendations for best court practices to ensure that settlements are fair to class members.

]]> Class Action Fairness Act of 2003 Short Titles as Introduced Class Action Fairness Act of 2003 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. Display Title Class Action Fairness Act of 2003 Placed on Calendar Senate 2003-10-17T04:00:00Z 2003-10-22 Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 59 - 39. Record Vote Number: 403. 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.