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CS/CS/HB 785: Asbestos-related Claims

GENERAL BILL by Gelber ; (CO-INTRODUCERS) Goldstein ; Porth

Asbestos-related Claims; provides that limitations of liabilities in act apply to corporation that is successor & became successor before January 1, 1972; provides that cumulative successor asbestos-related liabilities of corporation are limited to fair market value of total gross assets of transferor determined as of time of merger or consolidation; provides methods by which to establish fair market value of total gross assets, etc.

Effective Date: Upon becoming law
Last Action: 5/2/2005 House - Substituted CS/SB 2228; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2228 (Ch. 2005-269) -HJ 01092
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/10/2005 House • Filed
2/18/2005 House • Referred to Judiciary (JC); Business Regulation (CC); Justice Council
3/8/2005 House • Introduced, referred to Judiciary (JC); Business Regulation (CC); Justice Council -HJ 00072
3/29/2005 House • On Committee agenda-- Judiciary (JC), 03/31/05, 8:00 am, Morris Hall
3/31/2005 House • Favorable with CS amendment by Judiciary (JC); YEAS 12 NAYS 0 -HJ 00365
4/4/2005 House • Pending review of CS under Rule 6.3(b)
4/5/2005 House • Now in Business Regulation (CC) -HJ 00365
4/12/2005 House • On Committee agenda-- Business Regulation (CC), 04/14/05, 2:00 pm, Reed Hall
4/14/2005 House • Favorable with CS amendment by Business Regulation (CC); YEAS 18 NAYS 0 -HJ 00565
4/18/2005 House • Pending review of CS under Rule 6.3(b); Now in Justice Council -HJ 00565
4/21/2005 House • On Council agenda-- Justice Council, 04/22/05, 8:00 am, 404-H
4/22/2005 House • Favorable by- Justice Council; YEAS 8 NAYS 0 -HJ 00670; Placed on Calendar -HJ 00670
4/27/2005 House • Placed on Special Order Calendar; Read second time -HJ 00854; Ordered engrossed -HJ 00854
4/28/2005 House • Temporarily postponed, on Third Reading -HJ 01006
5/2/2005 House • Substituted CS/SB 2228; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/SB 2228 (Ch. 2005-269) -HJ 01092