Bills
H.R.975

H.R.975: Bankruptcy Abuse Prevention and Consumer Protection Act of 2003

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About This Bill

This bill was introduced in the 108th Congress
This bill is primarily about congress
Introduced Feb. 27, 2003
Latest Major Action March 21, 2003
See the five similar bills introduced in other congresses.

Bill Sponsor

F. James Sensenbrenner (R-Wis.)

Bill Cosponsors

89 (14 Democrats, 76 Republicans)

Bill Summary

Bankruptcy Abuse Prevention and Consumer Protection Act of 2003 - Title I: Needs-Based Bankruptcy - (Sec. 101) Amends Federal bankruptcy law to revamp guidelines governing dismissal or conversion of a Chapter 7 liquidation (complete relief in bankruptcy), to one under either Chapter 11 (Reorganization), or Chapter 13 (Adjustment of Debts of an Individual with Regular Income).Permits the bankruptcy court to convert a Chapter 7 case to either...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.975.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.975.

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Bill Actions

Date	Description
	Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
	Referred to House Judiciary
	Referred to House Financial Services
	Referred to the Subcommittee on Commercial and Administrative Law.
	Subcommittee Hearings Held.
	Subcommittee on Commercial and Administrative Law Discharged.
	Committee Consideration and Mark-up Session Held.
	Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 11.
	Reported (Amended) by the Committee on Judiciary. H. Rept. 108-40, Part I.
	House Committee on Financial Services Granted an extension for further consideration ending not later than March 18, 2003.
	Committee on Financial Services discharged.
	Placed on the Union Calendar, Calendar No. 27.
	Rules Committee Resolution H. Res. 147 Reported to House. Rule provides for consideration of H.R. 975 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on the Judiciary now printed in the bill. Measure will be considered read. Specified amendments are in order.
	Rule H. Res. 147 passed House.
	Considered under the provisions of rule H. Res. 147.
	Rule provides for consideration of H.R. 975 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on the Judiciary now printed in the bill. Measure will be considered read. Specified amendments are in order.
	House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 147 and Rule XXIII.
	The Speaker designated the Honorable Ray LaHood to act as Chairman of the Committee.
	GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 975.
	Pursuant to House Report 108-42 the Committee proceeded with 10 minutes of debate on the amendment offered by Mr. Toomey.
	DEBATE - Pursuant to House Report 108-42 the Committee proceeded with 10 minutes of debate on the amendment offered by Mr. Cannon.
	Pursuant to House Report 108-42 the Committee proceeded with 10 minutes of debate on the amendment offered by Mr. Sherman.
	POSTPONED PROCEEDINGS - At the conclusion of the debate the Chair put the question on the amendment and announced that the noes had prevailed. Mr. Sherman objected to the voice vote. The Chair postponed further proceedings on the amendment.
	UNANIMOUS CONSENT REQUEST - Mr. Guiterrez moved that the Committee do now rise and the motion was agreed to. He asked unanimous consent that when the Committee of the Whole resumes its consideration of H.R. 975 that he be permitted to offer amendment Numbered 2 printed in House Report 108-42. Agreed to without objection.
	DEBATE - Pursuant to House Report 108-42 the Committee proceeded with ten minutes of debate on the amendment offered by Mr. Guiterrez.
	DEBATE - Pursuant to House Report 108-42 the Committee proceeded with forty minutes on the amendment offered by Mr. Nadler.
	POSTPONED PROCEEDINGS - At the conclusion of the debate the Chair put the question on the Nadler substitute amendment and announced that the noes had prevailed. Mr. Nadler objected to the voice vote. The Chair postponed further proceedings on the amendment.
	The House rose from the Committee of the Whole House on the state of the Union to report H.R. 975.
	The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
	The previous question was ordered without objection.
	Ms. Jackson-Lee (TX) moved to recommit with instructions to Judiciary.
	Floor summary: DEBATE - The House proceeded with ten minutes of debate on the Jackson-Lee motion to recommit with instructions. The instructions contained in the motion seek to require the Committee on the Judiciary to report the bill back to the House forthwith with an amendment adding a new section which protects alimony and child support payments from competition with new creditor entitlements.
	The previous question on the motion to recommit with instructions was ordered without objection.
	On motion to recommit with instructions Failed by recorded vote: 150 - 276, 1 Present (Roll no. 73).
	On passage Passed by the Yeas and Nays: 315 - 113, 1 Present (Roll no. 74).
	Motion to reconsider laid on the table Agreed to without objection.
	The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 975.
	Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
	Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 50.
Feb. 27, 2003	Introduced in the House by F. James Sensenbrenner (R-Wis.)

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