H.R. 2503 · 108th Congress

Asbestos Claims Tax Fairness Act of 2003

Stage
In committee
Introduced
2003-06-18
Latest action
2003-06-18 · Introduced in House

Summary

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.