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
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
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
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
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/
"H.R. 2503: Asbestos Claims Tax Fairness Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-2503/.
H.R. 2503, 108th Cong. (2026), https://openamerica.io/bill/108-HR-2503/.
[H.R. 2503: Asbestos Claims Tax Fairness Act of 2003](https://openamerica.io/bill/108-HR-2503/)