S.Amdt. 2864
What it does: Inserts new text on page 67, between lines 10 and 11
Sen. Joseph R. Biden Jr. (D-DE)What it changes
1 change to S.Amdt. 2746
Inserts new text on page 67, between lines 10 and 11
InsertsInserted: (g) Preconditions for Certification.--For the purpose of this section, the Administrator is prohibited from certifying the Fund as operational until the Administrator has--
Inserted: (1) finalized the tier designation and amount of assessment to each participating defendant or insurer; and
Inserted: (2) determined from such designations that such assessments will produce the annual statutory revenues required under title II.
Original wording
On page 67, between lines 10 and 11, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2864. Mr. BIDEN 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 67, between lines 10 and 11, insert the following:
(g) Preconditions for Certification.--For the purpose of this section, the Administrator is prohibited from certifying the Fund as operational until the Administrator has--
(1) finalized the tier designation and amount of assessment to each participating defendant or insurer; and
(2) determined from such designations that such assessments will produce the annual statutory revenues required under title II.
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Senate amendment submitted
February 14, 2006