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NE LB340
Bill
Status
1/16/2025
Primary Sponsor
Robert Hallstrom
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AI Summary
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Claimants in asbestos lawsuits must file all available asbestos bankruptcy trust claims within 30 days of filing suit and provide defendants with trust claim materials, which are admissible as evidence with no privilege protections
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Defendants are entitled to a setoff against any judgment in the amount the claimant has received or will receive from asbestos trusts
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Claimants must file a detailed affidavit within 30 days specifying each defendant's alleged connection to their asbestos exposure, including product identification, exposure dates, locations, and frequency
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Claimants must provide a medical report from a qualified board-certified physician with prima facie evidence of asbestos-related impairment; for nonmalignant conditions, this requires proof of at least 15 years since first exposure and a permanent respiratory impairment rating of at least Class 2 under AMA Guides
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Statute of limitations for nonmalignant asbestos claims is tolled until the exposed person receives a diagnosis meeting the act's prima facie evidence requirements or dies, whichever occurs first
Legislative Description
Adopt the Asbestos Trust Claims Transparency Act and the Asbestos Claims Priorities and Over-Naming Reform Act
Last Action
Title printed. Carryover bill
1/7/2026