IB 
Union Calendar No. 498 
112TH CONGRESS 
2D SESSION 
H. R. 4369 
[Report No. 112–687] 
To amend title 11 of the United States Code to require the public disclosure 
by trusts established under section 524(g) of such title, of quarterly 
reports that contain detailed information regarding the receipt and dis-
position of claims for injuries based on exposure to asbestos, and the 
filing of such reports with the Executive Office for United States Trust-
ees. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 17, 2012 
Mr. QUAYLE (for himself, Mr. MATHESON, and Mr. ROSS of Florida) intro-
duced the following bill; which was referred to the Committee on the Ju-
diciary 
SEPTEMBER 21, 2012 
Additional sponsors: Mr. GOODLATTE, Mr. SENSENBRENNER, and Mr. 
GRIFFIN of Arkansas 
SEPTEMBER 21, 2012 
Reported with amendments, committed to the Committee of the Whole House 
on the State of the Union, and ordered to be printed 
[Strike out all after the enacting clause and insert the part printed in italic] 
[For text of introduced bill, see copy of bill as introduced on April 17, 2012] 
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A BILL 
To amend title 11 of the United States Code to require 
the public disclosure by trusts established under section 
524(g) of such title, of quarterly reports that contain 
detailed information regarding the receipt and disposition 
of claims for injuries based on exposure to asbestos, 
and the filing of such reports with the Executive Office 
for United States Trustees. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Furthering Asbestos 
Claim Transparency (FACT) Act of 2012’’. 
SEC. 2. AMENDMENTS. 
Section 524(g) of title 11, United States Code, is 
amended by adding at the end the following: 
‘‘(8) A trust described in paragraph (2) shall, subject 
to section 107— 
‘‘(A) file with the bankruptcy court, not later 
than 60 days after the end of every quarter, a report 
that shall be made available on the court’s public 
docket and with respect to such quarter— 
‘‘(i) describes each demand the trust re-
ceived from, including the name and exposure 
history of, a claimant and the basis for any pay-
ment from the trust made to such claimant; and 
‘‘(ii) does not include any confidential med-
ical record or the claimant’s full social security 
number; and 
‘‘(B) upon written request, and subject to pay-
ment (demanded at the option of the trust) for any 
reasonable cost incurred by the trust to comply with 
such request, provide in a timely manner any infor-
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mation related to payment from, and demands for 
payment from, such trust, subject to appropriate pro-
tective orders, to any party to any action in law or 
equity if the subject of such action concerns liability 
for asbestos exposure.’’. 
SEC. 3. EFFECTIVE DATE; APPLICATION OF AMENDMENTS. 
(a) EFFECTIVE DATE.—Except as provided in sub-
section (b), this Act and the amendments made by this Act 
shall take effect on the date of the enactment of this Act. 
(b) APPLICATION OF AMENDMENTS.—The amendments 
made by this Act shall apply with respect to cases com-
menced under title 11 of the United States Code before, on, 
or after the date of the enactment of this Act. 
Amend the title so as to read: ‘‘A bill to amend title 
11 of the United States Code to require the public disclo-
sure by trusts established under section 524(g) of such 
title, of quarterly reports that contain detailed informa-
tion regarding the receipt and disposition of claims for 
injuries based on exposure to asbestos; and for other pur-
poses.’’. 
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