Smith's House committee passes asbestos trust information bill
House Judiciary Committee Chairman Lamar Smith (R-Texas)
WASHINGTON (Legal Newsline) - The House Judiciary Committee on Friday passed a bill that would require asbestos bankruptcy trusts to provide more information on exposure claims made to them.
The committee rejected two amendments proposed by Democratic members, then voted 15-14 to send the bill to the full House of Representatives for consideration. Discussion of the bill began on Wednesday, when committee Chairman Lamar Smith, R-Texas, adjourned the committee after two hours of hearing amendments.
House Resolution 4369 would allow defendants in asbestos lawsuits to seek information on a plaintiff's claims made to asbestos bankruptcy trusts. It was introduced by Republicans Ben Quayle of Arizona and Dennis Ross of Florida and Democrat Jim Matheson of Utah.
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