A bill to establish a limitation on the bringing of product liability actions which is related to the useful life of the product involved.
Economic Statute of Repose Act - Establishes a statute of repose (based upon the useful life of a product) for civil actions brought for damages for death or personal injury resulting from the use of a product of a character subject to the allowance for depreciation under the Internal Revenue Code.
Introduced in House
Introduced in House
Referred to House Committee on The Judiciary.
Referred to Subcommittee on Monopolies and Commercial Law.
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