To establish a statute of repose for durable goods used in a trade or business.

Summary: Workplace Goods Job Growth and Competitiveness Act of 2001 - Prohibits the filing of a civil action against a manufacturer or seller of a durable good (except a motor vehicle, vessel, aircraft, or train that is used primarily to transport passengers for hire) more than 18 years after it was delivered to its first purchaser or lessee for: (1) damage to property arising out of an accident involving such good; or (2) damages for death or personal injury arising out of an accident involving such good if the claimant has received or is eligible to receive worker compensation and the injury does not involve a toxic harm (including, but not limited to, all asbestos-related harm). Declares that this Act: (1) shall not bar an action against a defendant who made an express warranty in writing as to the safety or life expectancy of a specific product which was longer than 18 years (except that this Act shall apply at the expiration of such warranty); and (2) does not supersede or modify any statute or common law that authorizes an action for civil damages, cost recovery, or any other form of relief for remediation of the environment.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Workplace Goods Job Growth and 
Competitiveness Act of 2001''.

SEC. 2. STATUTE OF REPOSE FOR DURABLE GOODS USED IN A TRADE OR 
              BUSINESS.

    (a) In General.--Except as otherwise provided in this Act--
            (1) no civil action may be filed against the manufacturer 
        or seller of a durable good for damage to property arising out 
        of an accident involving that durable good if the accident 
        occurred more than 18 years after the date on which the durable 
        good was delivered to its first purchaser or lessee; and
            (2) no civil action may be filed against the manufacturer 
        or seller of a durable good for damages for death or personal 
        injury arising out of an accident involving that durable good 
        if the accident occurred more than 18 years after the date on 
        which the durable good was delivered to its first purchaser or 
        lessee and if--
                    (A) the claimant has received or is eligible to 
                receive worker compensation; and
                    (B) the injury does not involve a toxic harm 
                (including, but not limited to, any asbestos-related 
                harm).
    (b) Exceptions.--
            (1) In general.--A motor vehicle, vessel, aircraft, or 
        train, that is used primarily to transport passengers for hire 
        shall not be subject to this Act.
            (2) Certain express warranties.--This Act does not bar a 
        civil action against a defendant who made an express warranty 
        in writing as to the safety or life expectancy of a specific 
        product which was longer than 18 years, except that this Act 
        shall apply at the expiration of that warranty.
            (3) Aviation limitations period.--This Act does not affect 
        the limitations period established by the General Aviation 
        Revitalization Act of 1994 (49 U.S.C. 40101 note).
            (4) Actions involving the environment.--Subsection (a)(1) 
        does not supersede or modify any statute or common law that 
        authorizes an action for civil damages, cost recovery, or any 
        other form of relief for remediation of the environment (as 
        defined in section 101(8) of the Comprehensive Environmental 
        Response, Compensation, and Liability Act of 1980 (42 U.S.C. 
        9601(8)).
    (c) Effect on State Law; Preemption.--Subject to subsection (b), 
this Act preempts and supersedes any State law that establishes a 
statute of repose to the extent such law applies to actions covered by 
this Act. Any action not specifically covered by this Act shall be 
governed by applicable State law.
    (d) Transitional Provision Relating to Extension of Repose 
Period.--To the extent that this Act shortens the period during which a 
civil action could be otherwise brought pursuant to another provision 
of law, the claimant may, notwithstanding this Act, bring the action 
not later than 1 year after the date of the enactment of this Act.

SEC. 3. DEFINITIONS.

    In this Act:
            (1) Claimant.--The term ``claimant'' means any person who 
        brings an action covered by this Act and any person on whose 
        behalf such an action is brought. If such an action is brought 
        through or on behalf of an estate, the term includes the 
        claimant's decedent. If such an action is brought through or on 
        behalf of a minor or incompetent, the term includes the 
        claimant's legal guardian.
            (2) Durable good.--The term ``durable good'' means any 
        product, or any component of any such product, which--
                    (A)(i) has a normal life expectancy of 3 or more 
                years; or
                    (ii) is of a character subject to allowance for 
                depreciation under the Internal Revenue Code of 1986; 
                and
                    (B) is--
                            (i) used in a trade or business;
                            (ii) held for the production of income; or
                            (iii) sold or donated to a governmental or 
                        private entity for the production of goods, 
                        training, demonstration, or any other similar 
                        purpose.
            (3) State.--The term ``State'' means any State of the 
        United States, the District of Columbia, the Commonwealth of 
        Puerto Rico, the Northern Mariana Islands, the Virgin Islands, 
        Guam, American Samoa, any other territory or possession of the 
        United States, and any political subdivision of any of the 
        foregoing.

SEC. 4. EFFECTIVE DATE; APPLICATION OF ACT.

    (a) Effective Date.--Except as provided in subsection (b), this Act 
shall take effect on the date of the enactment of this Act without 
regard to whether the damage to property or death or personal injury at 
issue occurred before such date of enactment.
    (b) Application of Act.--This Act shall not apply with respect to 
civil actions commenced before the date of the enactment of this Act.