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Key Votes

HR 982 - Furthering Asbestos Claim Transparency (FACT) Act of 2013 - Key Vote

National Key Votes

Joe Kennedy III voted Nay (Passage) on this Legislation.

Read statements Joe Kennedy III made in this general time period.

Stages

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Issues

Stage Details

Legislation - Referred to Committee (Senate) -
Legislation - Bill Passed (House) (221-199) - (Key vote)

Title: Furthering Asbestos Claim Transparency (FACT) Act of 2013

Vote Smart's Synopsis:

Vote to pass a bill that requires bankruptcy trusts to file certain reports regarding payments made to asbestos-related claims with the bankruptcy court, effective immediately.

Highlights:
  • Requires a bankruptcy trust to file public quarterly reports with the bankruptcy court that contain the following information about each asbestos-related claim (Sec. 2):
    • The claims for compensation received by the trust;
    • The names and exposure histories of each claimant; and
    • The basis for any payment made to a claimant.
  • Prohibits an asbestos-related report made to the bankruptcy court from including any confidential medical records or full social security numbers (Sec. 2).
  • Requires a bankruptcy trust, upon written request, to provide any party in a legal action regarding liability for asbestos exposure with any information related to payment or demands for payment from the trust (Sec. 2).
Legislation - Introduced (House) -

Title: Furthering Asbestos Claim Transparency (FACT) Act of 2013

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