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- S.2996
S.2996: Bankruptcy Abuse Reform Act of 2002
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about government operations and politics
- Introduced Sept. 24, 2002
- Latest Major Action Sept. 24, 2002
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Bankruptcy Abuse Reform Act of 2002--Amends the Federal bankruptcy code to prohibit a debtor from exempting from the estate in bankruptcy any amount of interest that exceeds in the aggregate $125,000 in value in: (1) real or personal property used as a residence; (2) a cooperative that owns property used as a residence by the debtor or debtor's dependent; or (3) a burial plot for the debtor or debtor's dependent.States that this limitation on...
(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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| Sept. 24, 2002 |
Introduced in the Senate by Herb Kohl (D-Wis.) |