Summary: H.R.4543 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for H.R.4543. Bill summaries are authored by CRS.

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Introduced in House (05/25/2000)

Amends Internal Revenue Code provisions concerning designated settlement funds to exempt from tax any designated settlement fund established for the principal purpose of resolving and satisfying present and future claims relating to asbestos. Sets forth special rules concerning asbestos liability losses.