Federal Recordkeeping and Civil Action Limitation Act of 1981

Summary

Federal Recordkeeping and Civil Action Limitation Act of 1981 - Prohibits any Federal agency, except as otherwise provided by the Internal Revenue Code, from: (1) requiring any person to maintain, prepare, or produce records of an event more than three years after the event has occurred; (2) commencing an action against a person for a violation of a regulation more than three years after such violation has occurred; or (3) penalizing any person for an action which violates a rule if the rule was not in effect at the time of such action. Declares that such prohibitions shall not apply in any case involving dangerous material, fraud, a willful violation, or a misleading statement of material fact.

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1 official file

• Introduced in Senate

  summary · EN · 29 October 1981

  Open at official source

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