IB 
Union Calendar No. 180 
113TH CONGRESS 
1ST SESSION 
H. R. 982 
[Report No. 113–254] 
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 for 
other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MARCH 6, 2013 
Mr. FARENTHOLD (for himself and Mr. MATHESON) introduced the following 
bill; which was referred to the Committee on the Judiciary 
OCTOBER 30, 2013 
Additional sponsor: Mr. CHABOT 
OCTOBER 30, 2013 
Committed to the Committee of the Whole House on the State of the Union 
and ordered to be printed 
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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 for other purposes. 
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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 2013’’. 
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 
payment 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 
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such request, provide in a timely manner any infor-
mation related to payment from, and demands for 
payment from, such trust, subject to appropriate 
protective orders, to any party to any action in law 
or equity if the subject of such action concerns li-
ability 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 amend-
ments made by this Act shall apply with respect to cases 
commenced under title 11 of the United States Code be-
fore, on, or after the date of the enactment of this Act. 
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Union Calendar No. 180 
113TH CONGRESS 
1ST SESSION 
H. R. 982 
[Report No. 113–254] 
A BILL 
To amend title 11 of the United States Code to re-
quire the public disclosure by trusts established 
under section 524(g) of such title, of quarterly 
reports that contain detailed information regard-
ing the receipt and disposition of claims for inju-
ries based on exposure to asbestos; and for other 
purposes. 
OCTOBER 30, 2013 
Committed to the Committee of the Whole House on the 
State of the Union and ordered to be printed 
VerDate Mar 15 2010 
22:34 Oct 30, 2013
Jkt 039200
PO 00000
Frm 00006
Fmt 6651
Sfmt 6651
E:\BILLS\H982.RH
H982
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