US SB1963 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on October 16 2017 - 25% progression, died in committee
Action: 2017-10-16 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 16 2017 - 25% progression, died in committee
Action: 2017-10-16 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prioritizing Our Workers Act This bill amends the federal bankruptcy code to include as allowable administrative expenses in bankruptcy the unfunded vested benefits in a defined pension plan and certain pension obligations under the Employee Retirement Income Security Act of 1974 (ERISA). Claims for administrative expenses are entitled to priority in bankruptcy proceedings.
Title
Prioritizing Our Workers Act
Sponsors
| Sen. Joe Manchin [D-WV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-10-16 | Senate | Read twice and referred to the Committee on the Judiciary. |
Same As/Similar To
HB3969 (Same As) 2017-10-16 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/115th-congress/senate-bill/1963/all-info |
| Text | https://www.congress.gov/115/bills/s1963/BILLS-115s1963is.pdf |
