3.0.0 1788 2023-01-13T04:49:59Z 2023-01-13T04:49:59Z Senate S S 2005-09-28 109 ssju00 Judiciary Committee Senate Standing Referred to 2005-09-28T23:42:53Z 2005-12-13 Sponsor introductory remarks on measure. (CR S13483-13484) IntroReferral B00100 9 Library of Congress 2005-09-28 ssju00 Judiciary Committee Senate Read twice and referred to the Committee on the Judiciary. IntroReferral 2005-09-28 Introduced in Senate IntroReferral 10000 9 Library of Congress B000243 Sen. Baucus, Max [D-MT] MAX BAUCUS D MT SIEBEN N Finance and Financial Sector Asbestos Bankruptcy Commerce Corporate reorganizations Crime and Law Enforcement Environmental Protection Environmental law enforcement Environmentally induced diseases Health Health insurance Indictments Injunctions Law Liability for environmental damages Lung diseases Medical economics Medically uninsured Miners Mines and mineral resources Montana Occupational health and safety Public Lands and Natural Resources Finance and Financial Sector 00 2005-09-28 Introduced in Senate 2005-11-18T21:54:41Z Libby Health Care Act - Amends federal bankruptcy law to prohibit the court from entering an order confirming a plan of reorganization under chapter 11 involving a responsible party, or issuing an injunction in connection with such order, unless the responsible party: (1) has established a health care trust fund for the benefit of individuals suffering from an asbestos-related disease or illness; and (2) has deposited not less than $250 million into such health care trust fund.

Defines "responsible party" as a corporation: (1) that has engaged in mining vermiculite that was contaminated by tremolite asbestos; (2) whose officers or directors have been indicted for knowingly releasing asbestos into the ambient air and knowingly endangering the residents of Libby, Montana, and the surrounding communities; and (3) for which the Department of Justice has intervened in a bankruptcy proceeding.

Requires any payment received by the United States for recovery of costs associated with the actions to address asbestos contamination in Libby, Montana, to be deposited into such fund.

Sets eligibility criteria for medical benefit payments from the fund.

]]> Libby Health Care Act Display Title Libby Health Care Act Official Title as Introduced A bill to amend section 524(g)(1) of title 11, United States Code, to predicate the discharge of debts in bankruptcy by any vermiculite mining company meeting certain criteria on the establishment of a health care trust fund for certain individuals suffering from an asbestos related disease. Introduced in Senate IS Short Titles as Introduced Libby Health Care Act Introduced in Senate 2005-09-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s1788is/xml/BILLS-109s1788is.xml 2005-12-13 Sponsor introductory remarks on measure. (CR S13483-13484) 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.