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Agreement on Asbestos Bill Elusive, but U.S. Senate Approves Some Changes.
Knight Ridder/Tribune Business News, June, 2003
By Michael Remez, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Jun. 20--WASHINGTON--Unable to bridge key differences over how a national asbestos trust fund would work, key senators Thursday agreed to a series of changes in the proposed legislation as a show of progress.
Sen. Orrin Hatch, R-Utah and chairman of the Senate Judiciary Committee, agreed to add a permanent ban on the use of asbestos in the United States, and to eliminate a provision that would have re...uired that insurance payments and other benefits be deducted from payouts by the trust fund. Both were sought by committee Democrats.
Hatch scheduled another meeting for Tuesday to continue consideration of the legislation, which would create a $108...
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