On the recordFebruary 16, 2000
Well, maybe some of them do, but the fact of the matter is that as this measure stands now, we are going to eliminate joint and several liability for non-economic damages, and this is going to have a very harmful effect on the victims. You do not have to be a lawyer to figure that out. That is what the bill accomplishes, whether lawyers like it or not. The bill imposes severe evidentiary restrictions and an overall $250,000 cap on punitive damages in all civil cases. Now, 25 employees or less, you must know that there are businesses doing hundreds of millions of dollars of business with less than 25 employees. Yes, it protects 'mom and pops,' but it lets in at the other end these huge companies that are going to be so happy to know that you have got this provision on the floor.
Source
govinfo.gov




