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- S.2820
S.2820: A bill to increase the priority dollar amount for unsecured claims, and for other purposes.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about law
- Introduced July 30, 2002
- Latest Major Action July 30, 2002
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
Amends Federal bankruptcy law to increase from $4,650 to $13,500 the maximum amount of a claim to recover employee wages and benefits that has priority ranking among unsecured creditor claims.Authorizes the bankruptcy court to avoid any transfer of compensation paid to an employee, officer, or member of the board of directors of a debtor in the 90 days preceding the bankruptcy petition date if the court finds that the compensation is either...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on the Judiciary.
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| July 30, 2002 |
Introduced in the Senate by Jean Carnahan (D-Mo.) |