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Bill113th CongressFiled Mar 6, 2013Finance and Financial Sector
H.R. 982

Furthering Asbestos Claim Transparency (FACT) Act of 2013

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary passed house amended (Nov 13, 2013)

Furthering Asbestos Claim Transparency (FACT) Act of 2013 - Amends federal bankruptcy law concerning a trust formed under a reorganization plan 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 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 any reasonable cost incurred by it, 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 concerning liability for asbestos exposure.

What just happenedNov 14, 2013

Received in the Senate and Read twice and referred to the Committee on the Judiciary.

Who’s behind it

Rep. Farenthold, Blake [R-TX-27](R-TX)Sponsor
2 cosponsors1 D1 R
Read on Congress.gov
2cosponsors2committees40actions3amendments3related bills3subjects
  • Referred in SenateNov 14, 2013
  • Engrossed in HouseNov 13, 2013
  • Reported in HouseOct 30, 2013
  • Introduced in HouseMar 6, 2013
  1. Nov 14, 2013IntroReferral

    Received in the Senate and Read twice and referred to the Committee on the Judiciary.

  2. Nov 13, 2013FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Nov 13, 2013FloorH37100

    On passage Passed by recorded vote: 221 - 199 (Roll no. 579). (text: CR H7024-7025)

  4. Nov 13, 2013Floor8000

    Passed/agreed to in House: On passage Passed by recorded vote: 221 - 199 (Roll no. 579).(text: CR H7024-7025)

  5. Nov 13, 2013FloorH36110

    On motion to recommit with instructions Failed by the Yeas and Nays: 197 - 224 (Roll no. 578).

  6. Nov 13, 2013FloorH8A000

    The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H7032)

  7. Nov 13, 2013FloorH8D000

    DEBATE - The House proceeded with 10 minutes of debate on the Owens motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House forthwith with an amendment to exempt veterans and members of the U.S. Armed Forces from the disclosure requirements of the bill and ensure that their asbestos claims are paid before death.

  8. Nov 13, 2013FloorH36100

    Mr. Owens moved to recommit with instructions to Judiciary. (consideration: CR H7032-7033; text: CR H7032)

  9. Nov 13, 2013FloorH35000

    The previous question was ordered pursuant to the rule. (consideration: CR H7032)

  10. Nov 13, 2013FloorH32600

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 982.

  11. Nov 13, 2013FloorH32050

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

  12. Nov 13, 2013FloorH30000

    Considered as unfinished business. (consideration: CR H7029-7034)

  13. Nov 13, 2013FloorH32700

    Committee of the Whole House on the state of the Union rises leaving H.R. 982 as unfinished business.

  14. Nov 13, 2013FloorH32341

    On motion that the committee rise Agreed to by voice vote.

  15. Nov 13, 2013FloorH32340

    Mr. Goodlatte moved that the committee rise.

  16. Nov 13, 2013FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes prevailed. Ms. Jackson Lee demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.

  17. Nov 13, 2013FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 403, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment.

  18. Nov 13, 2013FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Nadler amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes prevailed. Mr. Nadler demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.

  19. Nov 13, 2013FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 403, the Committee of the Whole proceeded with 10 minutes of debate on the Nadler amendment.

  20. Nov 13, 2013FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Cohen amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes prevailed. Mr. Goodlatte demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.

  21. Nov 13, 2013FloorH8D000

    DEBATE - Pursuant to the provisions of H.Res. 403, the Committee of the Whole proceeded with 10 minutes of debate on the Cohen amendment.

  22. Nov 13, 2013FloorH8D000

    GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 982.

  23. Nov 13, 2013FloorH32020

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 403 and Rule XVIII.

  24. Nov 13, 2013FloorH8D000

    The resolution provides for the consideration of H.R. 2655 and H.R. 982. In the case of H.R. 2655, the resolution provides for one hour of debate and one motion to recommit. In the case of H.R. 982, the resolution provides for one hour of general debate and makes in order only those amendments printed in the Rules Committee report. The resolution also provides for one motion to recommit the bill H.R. 982.

  25. Nov 13, 2013FloorH30000

    Considered under the provisions of rule H. Res. 403. (consideration: CR H7017-7029)

  26. Nov 13, 2013FloorH32400

    The Speaker designated the Honorable Rob Bishop to act as Chairman of the Committee.

  27. Nov 13, 2013FloorH1L220

    Rule H. Res. 403 passed House.

  28. Nov 12, 2013FloorH1L210

    Rules Committee Resolution H. Res. 403 Reported to House. The resolution provides for the consideration of H.R. 2655 and H.R. 982. In the case of H.R. 2655, the resolution provides for one hour of debate and one motion to recommit. In the case of H.R. 982, the resolution provides for one hour of general debate and makes in order only those amendments printed in the Rules Committee report. The resolution also provides for one motion to recommit the bill H.R. 982.

  29. Nov 12, 2013CommitteeH12210

    Supplemental report filed by the Committee on Judiciary, H. Rept. 113-254, Part II.

  30. Nov 12, 2013Committee5000

    Supplemental report filed by the Committee on Judiciary, H. Rept. 113-254, Part II.

  31. Oct 30, 2013CalendarsH12410

    Placed on the Union Calendar, Calendar No. 180.

  32. Oct 30, 2013CommitteeH12200

    Reported (Amended) by the Committee on Judiciary. H. Rept. 113-254.

  33. Oct 30, 2013Committee5000

    Reported (Amended) by the Committee on Judiciary. H. Rept. 113-254.

  34. May 21, 2013Committee

    Ordered to be Reported by the Yeas and Nays: 17 - 14.

  35. May 21, 2013Committee

    Committee Consideration and Mark-up Session Held.

  36. May 20, 2013Committee

    Subcommittee on Regulatory Reform, Commercial And Antitrust Law Discharged.

  37. Apr 8, 2013Committee

    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

  38. Mar 6, 2013IntroReferralH11100

    Referred to the House Committee on the Judiciary.

  39. Mar 6, 2013IntroReferralIntro-H

    Introduced in House

  40. Mar 6, 2013IntroReferral1000

    Introduced in House

Passed House amendedNov 13, 201336

Furthering Asbestos Claim Transparency (FACT) Act of 2013 - Amends federal bankruptcy law concerning a trust formed under a reorganization plan 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 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 any reasonable cost incurred by it, 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 concerning liability for asbestos exposure.

Introduced in HouseMar 6, 2013

Furthering Asbestos Claim Transparency (FACT) Act of 2013 - Amends federal bankruptcy law concerning a trust formed under a reorganization plan 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 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 any reasonable cost incurred by it, 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 concerning liability for asbestos exposure.

Furthering Asbestos Claim Transparency (FACT) Act of 2013 — Informed