H.R. 9156 — A bill to amend the Internal Revenue Code of 1954 to provide for a deduction for additions to a reserve for 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

S. 1611A bill to amend the Internal Revenue Code of 1954 to provide for a deduction for additions to a reserve for product liability losses.
1977-05-26Referred to Senate Committee on Finance.
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Legislative Actions

1977-09-16
Introduced in House
1977-09-16
Introduced in House
1977-09-16
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to provide for a deduction for additions to a reserve for product liability losses.

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