H.R.2740 - To limit attorneys' fees in the tobacco settlement.105th Congress (1997-1998)
Summary: H.R.2740 — 105th Congress (1997-1998)
Introduced in House (10/24/1997)
Limits attorney's fees paid in connection with the settlement of a State action against one or more tobacco companies to recover tobacco-related Medicaid expenditures or for other causes of action involved in the settlement agreement dated June 20, 1997, to $150 per hour plus out-of-pocket expenses approved by the court.
Prohibits the award of attorney's fees under any national tobacco settlement until the attorneys have: (1) provided to the Congress a detailed time accounting regarding the work performed; and (2) made public disclosure of such time accounting and fee arrangements.
Requires each attorney whose fees are subject to this Act to submit to the House and Senate Judiciary Committees a comprehensive record of the time and expenses for which the fees are to be paid.