Asbestos Trust Claims Transparency Act
| Type | Bill |
|---|---|
| Session | 2018 Regular Session |
| Subjects |
Concerning asbestos trust claim transparency.
Bill Summary:
The bill enacts the 'Asbestos Bankruptcy Trust Claims Transparency Act'. Federal bankruptcy law provides companies with asbestos liabilities the ability to channel their future liabilities into trusts. Plaintiffs harmed from asbestos exposure may file claims with the trusts and file lawsuits against companies that are still solvent. The bill addresses the disconnect between these separate compensation systems. The bill sets forth requirements for the filing of asbestos trust claims and provides for their admissibility so that juries are informed about all of a plaintiff's exposure to asbestos and can properly determine fault.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 18-123 to the Committee of the Whole. | The motion failed on a vote of 4-7. | Vote summary |
| Postpone Senate Bill 18-123 indefinitely. | The motion passed on a vote of 7-4. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 18-123 to the Committee of the Whole. | The motion passed on a vote of 3-1. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 03/29/2018 | Third Reading | BILL |
19
AYE
16
NO
0
OTHER
|
Vote record |
| 03/28/2018 | Committee of the Whole | COW * (.002) |
16
AYE
19
NO
0
OTHER
|
Vote record |
| 03/08/2018 | Committee of the Whole | COW * (.001) |
16
AYE
19
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 04/24/2018 | House | House Committee on Judiciary Postpone Indefinitely |
| 04/04/2018 | House | Introduced In House - Assigned to Judiciary |
| 03/29/2018 | Senate | Senate Third Reading Passed - No Amendments |
| 03/26/2018 | Senate | Senate Second Reading Laid Over Daily with Amendments - Floor |
| 03/22/2018 | Senate | Senate Third Reading Laid Over Daily - No Amendments |
| 03/15/2018 | Senate | Senate Third Reading Laid Over to 03/22/2018 - No Amendments |
| 03/09/2018 | Senate | Senate Third Reading Laid Over to 03/15/2018 - No Amendments |
| 03/08/2018 | Senate | Senate Second Reading Passed with Amendments - Floor |
| 03/05/2018 | Senate | Senate Second Reading Laid Over to 03/08/2018 - No Amendments |
| 02/28/2018 | Senate | Senate Committee on Judiciary Refer Unamended to Senate Committee of the Whole |
| 01/29/2018 | Senate | Introduced In Senate - Assigned to Judiciary |
Prime Sponsor
Sponsor
Co-Sponsor