SB18-123

SB18-123 - Asbestos Trust Claims Transparency Act

Postponed Indefinitely
Concerning asbestos trust claim transparency.

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.)

 

House Committees

Senate Committees

Latest update: April 24, 2018
04/24/2018 - House Committee on Judiciary Postpone Indefinitely
04/04/2018 - Introduced In House - Assigned to Judiciary
03/29/2018 - Senate Third Reading Passed - No Amendments
03/28/2018 - Senate Second Reading Passed with Amendments - Floor
03/27/2018 - Senate Second Reading Laid Over Daily with Amendments - Floor
03/26/2018 - Senate Second Reading Laid Over Daily with Amendments - Floor
03/22/2018 - Senate Third Reading Laid Over Daily - No Amendments
03/15/2018 - Senate Third Reading Laid Over to 03/22/2018 - No Amendments
03/09/2018 - Senate Third Reading Laid Over to 03/15/2018 - No Amendments
03/08/2018 - Senate Second Reading Passed with Amendments - Floor
03/05/2018 - Senate Second Reading Laid Over to 03/08/2018 - No Amendments
02/28/2018 - Senate Committee on Judiciary Refer Unamended to Senate Committee of the Whole
01/29/2018 - Introduced In Senate - Assigned to Judiciary