H.R. 11336 — A bill to amend the Internal Revenue Code of 1954 to provide a deduction for certain amounts paid to a reserve for payment of product liability losses.

Summary

Amends the Internal Revenue Code to allow a deduction to any taxpayer engaged in the manufacture, importation, distribution, lease, or sale of any product for contributions to his product liability loss reserve account.

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Related Legislation

H.R. 8064A bill to amend the Internal Revenue Code of 1954 to provide a deduction for certain amounts paid to a reserve for payment of product liability losses.
1977-06-28Referred to House Committee on Ways and Means.
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1978-03-07
Introduced in House
1978-03-07
Introduced in House
1978-03-07
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to provide a deduction for certain amounts paid to a reserve for payment of product liability losses.

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