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Hatch Schedules Meeting on Asbestos Reform Bill

The Senate Judiciary Committee will meet again on 6/24/2003 as panel members continue to try to resolve differences on how a national asbestos trust fund...
June 24, 2003

The Senate Judiciary Committee will meet again on 6/24/2003 as panel members continue to try to resolve differences on how a national asbestos trust fund would work. Last week, Committee members agreed to a series of changes in the proposed legislation as a show of progress, including a permanent ban on the use of asbestos in the United States, but significant differences remain. Talks have stalled repeatedly, with bitter disagreements over how large the trust fund should be, who should qualify for compensation, and what should be created as a safeguard in case the trust fund ran dry. Hatch's proposed legislation would create a $108 billion, privately funded trust fund to pay asbestos victims. Family members of asbestos victims would not qualify for compensation.

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