There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/18/2003)

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.