3.0.0 4369 2022-03-02T05:13:14Z 2022-03-02T05:13:14Z House H HR 2012-04-17 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. QUAYLE:H.R. 4369.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 4 (To establish an uniformRule of Naturalization, and uniform Laws on the subject ofBankruptcies throughout the United States)[Page H1915]]]> hsju00 Judiciary Committee House Standing hsju03 Courts, Intellectual Property, and the Internet Subcommittee Discharged from 2012-06-05T19:10:27Z Hearings by 2012-05-10T13:49:18Z Referred to 2012-04-19T20:41:05Z Reported by 2012-09-21T16:35:22Z Markup by 2012-06-08T15:28:22Z Referred to 2012-04-17T14:01:35Z H. Rept. 112-687 FACT Act 112 3076 S 2012-05-10 Read twice and referred to the Committee on the Judiciary. Related bill CRS 2012-09-21 Placed on the Union Calendar, Calendar No. 498. Calendars H12410 2 House floor actions U00498 2012-09-21 Reported (Amended) by the Committee on Judiciary. H. Rept. 112-687. Committee H12200 2 House floor actions hsju00 Judiciary Committee 2012-09-21 Reported (Amended) by the Committee on Judiciary. H. Rept. 112-687. Committee 5000 9 Library of Congress hsju00 Judiciary Committee 2012-06-08 hsju00 Judiciary Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 14. Committee 2012-06-08 hsju00 Judiciary Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2012-06-05 hsju00 Judiciary Committee 1 House committee actions Subcommittee on Courts, Commercial and Administrative Law Discharged. Committee 2012-05-10 hsju03 Courts, Intellectual Property, and the Internet Subcommittee 1 House committee actions Subcommittee Hearings Held. Committee 2012-04-19 hsju03 Courts, Intellectual Property, and the Internet Subcommittee 1 House committee actions Referred to the Subcommittee on Courts, Commercial and Administrative Law. Committee 2012-04-17 Referred to the House Committee on the Judiciary. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2012-04-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-04-17 Introduced in House IntroReferral 1000 9 Library of Congress Q000024 Rep. Quayle, Benjamin [R-AZ-3] Benjamin Quayle R AZ 3 N M001142 Rep. Matheson, Jim [D-UT-2] JIM MATHESON D UT 2 2012-04-17 True R000593 Rep. Ross, Dennis A. [R-FL-12] Dennis Ross R FL A. 12 2012-04-17 True G000289 Rep. Goodlatte, Bob [R-VA-6] ROBERT GOODLATTE R VA W. 6 2012-08-01 False S000244 Rep. Sensenbrenner, F. James, Jr. [R-WI-5] F. SENSENBRENNER R WI JAMES 5 2012-08-02 False G000567 Rep. Griffin, Tim [R-AR-2] Tim Griffin R AR 2 2012-09-12 False Finance and Financial Sector Bankruptcy Civil actions and liability Hazardous wastes and toxic substances Finance and Financial Sector 00 2012-04-17 Introduced in House 2012-06-15T15:33:25Z Furthering Asbestos Claim Transparency (FACT) Act of 2012 - Amends federal bankruptcy law concerning a trust formed under a plan of reorganization 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.

Requires such a trust to file with the bankruptcy court and the U.S. Trustee 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).

Requires such reports also to provide any information related to payment from, and demands for payment from, the trust to any party to any action in law or equity if the subject concerns liability for asbestos exposure.

]]> 17 2012-09-21 Reported to House with amendment(s) 2012-10-25T18:31:33Z Furthering Asbestos Claim Transparency (FACT) Act of 2012 - Amends federal bankruptcy law concerning a trust formed under a plan of reorganization 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.

Requires such trust to 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).

Requires such reports, upon written request and subject to payment (demanded at the option of the trust) for reasonable costs, to provide any information related to payment from, and demands for payment from, the trust to any party to any action in law or equity if the subject concerns liability for asbestos exposure.

]]> Furthering Asbestos Claim Transparency (FACT) Act of 2012 Short Titles as Introduced Furthering Asbestos Claim Transparency (FACT) Act of 2012 Short Titles as Reported to House Furthering Asbestos Claim Transparency (FACT) Act of 2012 H House Display Title Furthering Asbestos Claim Transparency (FACT) Act of 2012 Official Title as Introduced To amend title 11 of the United States Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos, and the filing of such reports with the Executive Office for United States Trustees. Reported in House 2012-09-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr4369rh/xml/BILLS-112hr4369rh.xml Introduced in House 2012-04-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr4369ih/xml/BILLS-112hr4369ih.xml 2012-09-21 Placed on the Union Calendar, Calendar No. 498. 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.