H.R.3808: Safeguarding Assets For Employees in Bankruptcy Act of 2004

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about law
  • Introduced Feb. 11, 2004
  • Latest Major Action March 1, 2004

Bill Summary

Safeguarding Assets For Employees in Bankruptcy Act of 2004 - Amends Federal bankruptcy law to: (1) increase from $4,000 to $20,000 the dollar amount of specified unsecured claims related to employment benefits in the third and fourth priority tier; and (2) place in fifth order of priority the allowed unsecured claims of employees arising under the Worker Adjustment and Retraining Notification Act.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Commercial and Administrative Law.
Feb. 11, 2004

Introduced in the House by Luis V. Gutiérrez (D-Ill.)

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