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Fairness In Asbestos Injury Resolution Act of 2003

B-301397: Sep 4, 2003

This is in response to a Congressional request that the General Accounting Office prepare a comparison of the program that would be created by S. 1125, the "Fairness In Asbestos Injury Resolution Act of 2003 (FAIR Act)," recently reported in the Senate, and the existing National Vaccine Injury Compensation Program and Black Lung Benefits Program. The Chair, Senate Committee on the Budget, also ask...

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Fairness In Asbestos Injury Resolution Act of 2003, B-301397, September 4, 2003

B-301397: Sep 4, 2003

Chairman: This is in response to your request that the General Accounting Office prepare a comparison of the program that would be created by S. 1125. Enclosed is a chart comparing the two statutory programs and S. 1125. FAIR Act Subsection 223(c) of the bill provides as follows: "(c) BORROWING AUTHORITY-The Administrator [of the Office of Asbestos Injury Claims Resolution] is authorized to borrow...

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