S. 2129 · 99th Congress · enacted
Risk Retention Amendments of 1986
Became Public Law No: 99-563.
Latest official action 1986-10-27 · Enacted
The bill, briefly
Risk Retention Amendments of 1986 - Amends the Product Liability Risk Retention Act of 1981 to rename it the Liability Risk Retention Act of 1986. Revises the definition of "liability insurance," currently limited to product liability and completed operations liability, to cover any legal liability of an organization for damages because of injuries to other persons, damage to their property, or other loss or damage arising out of its business, trade, products, services (including professional services), premises or operations, but excluding personal risk insurance, workers' compensation, and employers' liability insurance. Defines as "organizations" eligible to purchase liability insurance any association, business, corporation, professional corporation or partnership, chruch, hospital, school, university or other institution or a State or local government. Excludes from the coverage of this Act product liability risk retention groups formed under the laws of Bermuda or the Cayman Islands before January 1, 1985. (Current law excludes groups formed under the laws of Bermuda or the Cayman Islands on or after January 1, 1985.) Repeals the requirement that a risk retention group be composed of members each of whose principal activity consists of the manufacture, design, importation, distribution, packaging, labeling, lease or sale of a product or products. Subjects such groups to…
Congressional Research Service · 1986-02-28
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
14 of 14 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
The largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.