legislation: 99-hr-5687

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

This data as json

bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
99-hr-5687 99 hr 5687 A bill to amend title 11 of the United States Code to give priority to certain unsecured claims of retired former employees of the debtor. Finance and Financial Sector 1986-10-09 1986-10-15 Referred to Subcommittee on Monopolies and Commercial Law. House Rep. Seiberling, John F. [D-OH-14] OH D S000230 0 Amends Federal bankruptcy provisions to give fifth priority to unsecured claims of retired former employees for up to specified amounts of payments to any employee health insurance plan, employee pension plan, or employee life insurance plan arising from services rendered before the earlier of the date the bankruptcy petition is filed or the date of cessation of the debtor's business. Provides that an entity that is subrogated to the rights of a holder of an unsecured claim of a governmental unit is not subrogated to the priority right of the holder of such claim. Gives second priority in the distribution of property in which the estate has an interest and which is subject to a tax lien that is not avoidable to such unsecured claims of retired former employees and to unsecured claims of individuals arising from security deposits. Prohibits a court from confirming a reorganization plan which does not provide for cash or deferred cash payments of the allowed amounts of such claims. 2021-06-30T19:49:51Z  

Links from other tables