HR 2503 · 108th Congress · Taxation

Asbestos Claims Tax Fairness Act of 2003

Introduced 2003-06-18· Sponsored by Rep. Collins, Mac [R-GA-8]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-06-18)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (8)

5 Democrats3 Republicans
Rep. Lewis, John [D-GA-5]GA
Rep. Jackson-Lee, Sheila [D-TX-18]TX
Rep. Rogers, Harold [R-KY-5]KY
Rep. Lee, Barbara [D-CA-9]CA
Rep. Conyers, John, Jr. [D-MI-14]MI
Rep. English, Phil [R-PA-3]PA
Rep. Foley, Mark [R-FL-16]FL
Rep. Andrews, Robert E. [D-NJ-1]NJ