Federal Product Liability Reform Act of 1986
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 22, 1986)
Federal Product Liability Reofrm Act of 1986 - Title I: - Sets forth findings and purposes of this Act.
Title II - Limits the amount of damages which may be recovered against a product seller for noneconomic losses to $250,000. Makes a product seller who has acted with flagrant indifference to consumer safety liable for punitive damages. States that punitive damages may not be awarded in the absence of a compensatory award. Limits the amount of punitive damages which may be recovered.
Provides that all product liability actions shall be governed by the principles of comparative responsibility. Specifies the manner in which damages are to be apportioned.
Requires the reduction of any damages award by any amount received by the claimant from collateral sources (including workers' compensation benefits).
Establishes a two-year statute of limitations and a ten-year statute of repose.
Preempts inconsistent State and Federal laws.
What just happenedJun 5, 1986
Referred to Subcommittee on Health and the Environment.
Who’s behind it
- Jun 5, 1986CommitteeH11000
Referred to Subcommittee on Health and the Environment.
Health and Environment Subcommittee - May 28, 1986CommitteeH11000
Referred to Subcommittee on Monopolies and Commercial Law.
Administrative State, Regulatory Reform, and Antitrust Subcommittee - May 22, 1986IntroReferralH11100
Referred to House Committee on The Judiciary.
Judiciary Committee - May 22, 1986IntroReferralH11100
Referred to House Committee on Energy and Commerce.
Energy and Commerce Committee - May 22, 1986IntroReferralIntro-H
Introduced in House
- May 22, 1986IntroReferral1000
Introduced in House