President Clinton set to veto product liability act; measure passed Senate March 21.
This article was originally published in The Rose Sheet
Executive Summary
PRODUCT LIABILITY BILL CLEARS SENATE BY 59-40 VOTE on March 21; however, supporters of product liability reform fail to come up with the two-thirds vote necessary to override President Clinton's threatened veto of the legislation. The House is slated to discuss the measure, which emerged from a House-Senate conference committee on March 14, after Easter recess. After months of deliberation, the conference bill (HR 956) closely resembles the product liability legislation introduced in the Senate almost a year ago.