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HR 2503 108th Congress House Taxation Asbestos Bankruptcy Capital gains tax Claims Commerce Corporate debt Corporate reorganizations Corporation taxes Environmental Protection Finance and Financial Sector Income tax Law Losses Products liability Tax administration Tax exclusion Tax exemption Trusts and trustees

Asbestos Claims Tax Fairness Act of 2003

Introduced: June 18, 2003 See on congress.gov
This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 18, 2003
Referred to the House Committee on Ways and Means.
Jun 18, 2003
Sponsor introductory remarks on measure. (CR E1298)
Jun 18, 2003
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now June 18, 2003

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2503: Asbestos Claims Tax Fairness Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-2503/
MLA
"H.R. 2503: Asbestos Claims Tax Fairness Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-2503/.
Bluebook (legal)
H.R. 2503, 108th Cong. (2026), https://openamerica.io/bill/108-HR-2503/.
Markdown link
[H.R. 2503: Asbestos Claims Tax Fairness Act of 2003](https://openamerica.io/bill/108-HR-2503/)
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