Debbie Dingell: “The purposes of the amendment are very simple, to permit counties and local units of government, States, to continue to…”

“The purposes of the amendment are very simple, to permit counties and local units of government, States, to continue to sue under existing law for 3 years. If we are concerned about frivolous litigation, that is not a matter of concern here. Mr. Chairman, the purpose of the amendment is very simple, to permit cities, States, local units of government to continue suing under existing practices for a period of 3 years. This will not afford any professional litigant, any sly lawyer to run around forming class-action suits. It simply allows communities to have the same protection that Orange County would have to sue where wrongdoing is done them using the new derivatives. I would urge my colleagues to support this legislation.”