Support for Tax Bill Gaining Ground While Defendants Initiate 'Write for Reform' Effort

icSendicupport for a bill that would give asbestos defendants a break on asbestos-related expenses and free up additional funds for asbestos claimants is gaining ground on Capitol Hill, with a broadening list of backers. photo-10 The asbestos tax carryback bill, introduced earlier this year in both the Senate and House of Representatives, got a boost earlier last month when it gained the support of several additional sponsors in the House.

With the addition of 12 new sponsors last month, the total now stands at 117.

In addition to the new sponsors, the bill is getting an apprehensive nod from …