BILL · 2005–06 SESSION
HB 3147: Asbestos liability
Creating provisions relating to asbestos liability.
Summary
- Limits a successor corporation's liability for asbestos-related claims to an amount equal to the predecessor corporation's adjusted total gross assets;
- Applies to corporations that became successor corporations before January 1, 1972.
From the House Bill Report (HB 3147), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the House floor
- IntroducedJan 23, 2006
- Out of committeeFeb 3, 2006
- Passed Housestopped here
- Passed Senate
- Governor
- Law
- Prime sponsor
- Senator (D-22)
- Introduced
- January 23, 2006 in the House
- Last action
- February 14, 2006
- Companion bill
- SB 6771
AN ACT Relating to limitations on asbestos-related liabilities relating to certain mergers or consolidations occurring before 1972;
Sponsors
Prime sponsor: Senator (D-22)
4 co-sponsors (1 Democrat, 3 Republicans)
Votes
No recorded floor votes.
History
- Referred to Rules 2 Consideration.
- Placed on second reading.
- Passed to Rules Committee for second reading.
- Minority; without recommendation.
- JUDI - Majority; do pass.
- JUDI - Executive action taken by committee.
- First reading, referred to Judiciary.
HB 3147 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 3147 (2009–10) Equipment in data centers
- HB 3147 (2007–08) Lawn fertilizers
- HB 3147 (2003–04) Small business tax crdt/jobs
- HB 3147 (1999–00) State trade representative