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- H.R.2096
H.R.2096: SACKLER Act
About This Bill
- Introduced March 19, 2021
- Latest Major Action Oct. 19, 2021
Bill Sponsor
Bill Cosponsors
63 (All Democrats)
Bill Version
- Introduced in House - March 19, 2021
Bill Summary
Stop shielding Assets from Corporate Known Liability by Eliminating non-debtor Releases Act or the SACKLER Act This bill prohibits a bankruptcy court from releasing claims against non-debtors brought by states, tribes, municipalities, or the federal government. However, the bankruptcy court may issue a stay not exceeding 90 days regarding such a claim. Complex bankruptcies may involve creditor claims against non-debtors associated with the...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Oct. 19, 2021 |
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
|
March 19, 2021 |
Referred to the House Committee on the Judiciary.
|
March 19, 2021 |
Introduced in the House by Carolyn B. Maloney (D-N.Y.) |