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H.R. 2503 · 108th Congress

Asbestos Claims Tax Fairness Act of 2003

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

8 cosponsors · 5 D, 3 R

7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Asbestos Claims Tax Fairness Act of 2003 - Amends the Internal Revenue Code to provide for the preservation of tax attributes in asbestos company bankruptcy cases and provide an exemption for asbestos related settlement funds to ensure the availability of a company's assets to pay asbestos claims.

What it does: CRS summary · Introduced in House · Jun 18, 2003

Asbestos Claims Tax Fairness Act of 2003 - Amends the Internal Revenue Code to provide for the preservation of tax attributes in asbestos company bankruptcy cases and provide an exemption for asbestos related settlement funds to ensure the availability of a company's assets to pay asbestos claims.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Asbestos Claims Tax Fairness Act of 2003

Latest action (Jun 18, 2003): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: Jun 18, 2003

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.