Asbestos Claims Tax Fairness Act of 2003
Last action on Jun 18, 2003Referred to the House Committee on Ways and Means.
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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.
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