S.Amdt. 2860
What it does: Adds SEC. 503. INTERSTATE COMPACTS AND CAPTIVE INSURANCE COMPANY on page 392, line 5
Sen. Charles E. Schumer (D-NY)What it changes
1 change to S.Amdt. 2746
Adds SEC. 503. INTERSTATE COMPACTS AND CAPTIVE INSURANCE COMPANY on page 392, line 5
Adds a sectionInserted: SEC. 503. INTERSTATE COMPACTS AND CAPTIVE INSURANCE COMPANY.
Inserted: (a) Definition of Person.--The term person as defined in section 3(13) shall not include the captive insurance company established and funded under title III of division K of the Consolidated Appropriations Resolution, 2003 (Public Law 108-7; 117 Stat. 517).
Inserted: (b) Definition of State.--The term State as defined in section 3(14) shall include entities created by interstate compact.
Original wording
On page 392, after line 5, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2860. Mr. SCHUMER submitted an amendment intended to be proposed to amendment SA 2746 proposed by Mr. Frist (for Mr. Specter (for himself and Mr. Leahy)) to the bill S. 852, to create a fair and efficient system to resolve claims of victims for bodily injury caused by asbestos exposure, and for other purposes; which was ordered to lie on the table; as follows:
On page 392, after line 5, insert the following:
SEC. 503. INTERSTATE COMPACTS AND CAPTIVE INSURANCE COMPANY.
(a) Definition of Person.--The term person as defined in section 3(13) shall not include the captive insurance company established and funded under title III of division K of the Consolidated Appropriations Resolution, 2003 (Public Law 108-7; 117 Stat. 517).
(b) Definition of State.--The term State as defined in section 3(14) shall include entities created by interstate compact.
Legislative Activity
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Senate amendment submitted
February 14, 2006