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Pennsylvania State Senate
04/24/2024 01:25 AM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=S&SPick=20130&cosponId=14837
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Senate Co-Sponsorship Memoranda

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Senate of Pennsylvania
Session of 2013 - 2014 Regular Session

MEMORANDUM

Posted: June 9, 2014 09:06 AM
From: Senator Robert M. Tomlinson
To: All Senate members
Subject: asbestos liability
 

Please join me in co-sponsoring legislation, that would amend Title 42 to create the Successor Business Entity Liability Act.

The intent of the legislation is to clarify the liability status of companies who obtained a business and faced asbestos-related claims from actions of the previous owner. The Act will establish a fair limitation of liability for any eligible innocent merger successor company.

The prior session’s bill number and co-sponsor are:
S.B. 1399 by Tomlinson, Folmer, Pippy, Rafferty and Eichelber


Introduced as SB1422