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Class Actions and Proposed Reform in the 106th Congress: Class Action Fairness Act of 2000 (CRS Report for Congress)

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Release Date Feb. 21, 2001
Report Number RS20667
Report Type Report
Authors Paul Starett Wallace, Jr., American Law Division
Source Agency Congressional Research Service
Summary:

S. 353 reflects a preference for class actions to be adjudicated in federal courts and would give U.S. district courts original jurisdiction over class actions with claims aggregating $2,000,000 or more. It is intended to protect class members and to make the procedure easier for them to understand but, conversely, it is also said to be anti-plaintiff and pro-business. The Senate Judiciary Committee reported out an amended version of the bill, but the 106th Congress adjourned without taking further action. This report summarizes the action the 106th Congress took on this legislation and will not be updated.