H.R. 7711 (95th): Product Liability Insurance Tax Equity Act

Overview

Introduced:

Jun 9, 1977
95th Congress, 1977–1978

Status:
Died in a previous Congress

This bill was introduced on June 9, 1977, in a previous session of Congress, but was not enacted.

Sponsor:

Charles Whalen Jr.

Representative for Ohio's 3rd congressional district

Republican

About the bill

Full Title

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.

Read CRS Summary >

History

Jun 9, 1977
 
Introduced

This is the first step in the legislative process.

This page is about 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.

Links & tools

Primary Source

Congress.gov

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