Wednesday, November 16, 2005

Federal Asbestos Legislation Will Top Senate Agenda in 2006

Reuters is reporting that legislation to create a $140 billion fund to compensate asbestos victims will be one of the first legislative issues taken up by the U.S. Senate next year according to Senate Majority Leader Bill Frist. The Senate bill, if enacted, would end hundreds of thousands of asbestos lawsuits by creating a privately-funded trust to compensate victims harmed by exposure to asbestos.

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