Date: March 29, 1996
Subject: Product Liability
Description: Adoption of the conference report to limit punitive damages in product liability cases to two times compensatory damages or $250,000, whichever is greater, with lower limits for small businesses. Under the bill, a plaintiff could bring a lawsuit up to two years after discovering both the cause and the injury itself. The bill would limit the time to file a suit to 15 years after the delivery of a product, but the limit would apply only to some types of products. The bill also would abolish joint-and-several liability for non-economic damages.
Result: Agreed to, 259-158
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