BILL · 2009–10 SESSION
HB 2507: Asbestos-related liabilities
Creating provisions relating to asbestos-related liabilities.
Summary
- Limits a successor corporation's liability for asbestos-related claims to an amount equal to the fair market value of the predecessor corporation's total gross assets.
- Applies to successor corporations that assumed or incurred asbestos-related liabilities before January 1, 1972.
From the House Bill Report (HB 2507), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the House floor
- IntroducedJan 11, 2010
- Out of committeeJan 25, 2010
- Passed Housestopped here
- Passed Senate
- Governor
- Law
- Prime sponsor
- Lynn Kessler (D-24)
- Introduced
- January 11, 2010 in the House
- Last action
- March 15, 2010
- Companion bill
- SB 6246
- Budget
- Has a fiscal note
AN ACT Relating to limitations on asbestos-related liabilities relating to certain mergers or consolidations occurring before 1972;
Sponsors
Prime sponsor: Lynn Kessler (D-24)
7 co-sponsors (3 Democrats, 4 Republicans)
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status.
- Passed to Rules Committee for second reading.
- JUDI - Executive action taken by committee.
- Minority; do not pass.
- JUDI - Majority; do pass.
- First reading, referred to Judiciary.
- Prefiled for introduction.
HB 2507 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2507 (2025–26) Sex offender information
- HB 2507 (2019–20) Wastewater pollution
- HB 2507 (2017–18) Employee recognition awards
- HB 2507 (2015–16) Offender assault victims
- HB 2507 (2013–14) Vehicular homicide punishmnt
- HB 2507 (2011–12) Bulk mercury
- HB 2507 (2007–08) Higher edu institutions
- HB 2507 (2005–06) False college degrees