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ALEC Opposes Asbestos Reform Act



The American Legislative Exchange Council, which describes itself as an "association for conservative state lawmakers who share a common belief in limited government, free markets, federalism, and individual liberty" has issued a report claiming that the Fairness in Asbestos Injury Reform Act of 2005 is "fundamentally flawed."

According to the press release, the reform bill fails to set aside enough money in trust to cover anticipated claims, leading to its own insolvency in three years or less.

 

 


Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.