A bill to amend the Internal Revenue Code of 1954 to provide that trusts established for the payment of product liability claims and related expenses shall be exempt from income tax, and that a deduction shall be allowed for contributions to such trusts.
The bill’s titles are written by its sponsor.
Jun 9, 1977
95th Congress, 1977–1978
Died in a previous Congress
This bill was introduced on June 9, 1977, in a previous session of Congress, but was not enacted.
Representative for Ohio's 3rd congressional district
Jun 9, 1977
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 7711 (95th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 95th Congress, which met from Jan 4, 1977 to Oct 15, 1978. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
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Civic Impulse. (2017). H.R. 7711 — 95th Congress: Product Liability Insurance Tax Equity Act. Retrieved from https://www.govtrack.us/congress/bills/95/hr7711
“H.R. 7711 — 95th Congress: Product Liability Insurance Tax Equity Act.” www.GovTrack.us. 1977. December 11, 2017 <https://www.govtrack.us/congress/bills/95/hr7711>
|title=H.R. 7711 (95th)
|accessdate=December 11, 2017
|author=95th Congress (1977)
|date=June 9, 1977
|quote=Product Liability Insurance Tax Equity Act
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