Civil Justice Fairness Act
The Civil Justice Fairness Act (S. 672, S. 79) was proposed to limit the amount of monetary compensation awardable in civil case to a maximum of either $250,000 or 300% of the economic damage caused by the defendant; whichever was greater. Opponents of this act argued that federal restrictions of this sort would illegally preempt state authority.
Source: Wikipedia — Civil Justice Fairness Act (CC BY-SA 4.0)