HVAC Breaking News

May 14, 2004: Asbestos Bill Stalls In Congress

WASHINGTON - The asbestos compensation bill (S. 2290, Fairness in Asbestos Injury Resolution Act of 2004) has stalled in the U.S. Senate after negotiations between Republican and Democratic leaders broke down. The bill is designed to establish a trust fund, paid into by manufacturers and others involved in asbestos lawsuits, to compensate victims of asbestos exposure. The trust fund would replace the current litigation that is clogging U.S. courts.

According to reports, a retired federal judge attempted to mediate talks between Sen. Bill Frist (R-Tenn.) and Sen. Tom Daschle (D-S.D.), but was unsuccessful. Substantial differences are said to still exist among the political, corporate, insurance, and labor representatives concerned with this legislation.

The current bill was introduced on April 7, 2004, after all the involved parties were unable to come to an agreement on a previous version of the legislation (S. 1125, Fairness in Asbestos Injury Resolution Act of 2003).

Publication date: 05/10/2004

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

Recent Articles by Greg Mazurkiewicz

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2015 HARDI Fly-In

Highlights from HARDI's Congressional Fly-In in Washington, D.C. Post date: May 28, 2015.

Podcasts

NEWSMakers: Clint Schreck

Clint Schreck, general manager, Columbus Worthington Air, Columbus, Ohio, discusses winning Angie’s List Super Service Award, how to handle online reviews, and much more.

More Podcasts

ACHRNEWS

NEWS 06-01-15 cover

2015 June 1

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

HYDROCARBON REFRIGERANTS

The EPA has approved several hydrocarbon (HC) refrigerants for HVACR applications. Do you support the use of HCs?
View Results Poll Archive

HVACR INDUSTRY STORE

2015.jpg
2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con