[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 982 Referred in Senate (RFS)]
113th CONGRESS
1st Session
H. R. 982
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
November 14, 2013
Received; read twice and referred to the Committee on the Judiciary
_______________________________________________________________________
AN ACT
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 for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Furthering Asbestos Claim
Transparency (FACT) Act of 2013''.
SEC. 2. AMENDMENTS.
Section 524(g) of title 11, United States Code, is amended by
adding at the end the following:
``(8) A trust described in paragraph (2) shall, subject to section
107--
``(A) file with the bankruptcy court, not later than 60
days after the end of every quarter, a report that shall be
made available on the court's public docket and with respect to
such quarter--
``(i) describes each demand the trust received
from, including the name and exposure history of, a
claimant and the basis for any payment from the trust
made to such claimant; and
``(ii) does not include any confidential medical
record or the claimant's full social security number;
and
``(B) upon written request, and subject to payment
(demanded at the option of the trust) for any reasonable cost
incurred by the trust to comply with such request, provide in a
timely manner any information related to payment from, and
demands for payment from, such trust, subject to appropriate
protective orders, to any party to any action in law or equity
if the subject of such action concerns liability for asbestos
exposure.''.
SEC. 3. EFFECTIVE DATE; APPLICATION OF AMENDMENTS.
(a) Effective Date.--Except as provided in subsection (b), this Act
and the amendments made by this Act shall take effect on the date of
the enactment of this Act.
(b) Application of Amendments.--The amendments made by this Act
shall apply with respect to cases commenced under title 11 of the
United States Code before, on, or after the date of the enactment of
this Act.
Passed the House of Representatives November 13, 2013.
Attest:
KAREN L. HAAS,
Clerk.