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 title was written by its sponsor.
This is the first step in the legislative process.
4 cosponsors (2R, 2D) (show)
- Committee Assignments
The committee chair determines whether a bill will move past the committee stage.
There have been no roll call votes related to this bill.
- Subject Areas
Links & tools
Click a format for a citation suggestion:
Civic Impulse. (2016). 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. May 4, 2016 <https://www.govtrack.us/congress/bills/95/hr7711>
|title=H.R. 7711 (95th)
|accessdate=May 4, 2016
|author=95th Congress (1977)
|date=June 9, 1977
|quote=Product Liability Insurance Tax Equity Act