S.256: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005

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About This Bill

This bill was introduced in the 109th Congress
This bill is primarily about congress
Introduced Feb. 1, 2005
Latest Major Action April 20, 2005

Bill Sponsor

Charles E. Grassley (R-Iowa)

Bill Cosponsors

12 (2 Democrats, 11 Republicans)

Bill Summary

Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 - 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 are 4 statements associated with S.256.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.256.

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Bill Actions

Date	Description
	Read twice and referred to the Committee on the Judiciary.
	Committee on the Judiciary. Hearings held. Hearings printed: S.Hrg. 109-1014.
	Committee on the Judiciary. Ordered to be reported with amendments favorably.
	Committee on the Judiciary. Reported by Senator Hatch for Senator Specter with amendments. Without written report.
	Placed on Senate Legislative Calendar under General Orders. Calendar No. 14.
	Measure laid before Senate by unanimous consent.
	Considered by Senate.
	The committee amendments agreed to by Unanimous Consent.
	Considered by Senate.
	Considered by Senate.
	Considered by Senate.
	Cloture motion on the bill presented in Senate.
	Considered by Senate.
	Considered by Senate.
	Cloture on the bill invoked in Senate by Yea-Nay Vote. 69 - 31. Record Vote Number: 29.
	Considered by Senate.
	Considered by Senate.
	Passed Senate with amendments by Yea-Nay. 74 - 25. Record Vote Number: 44.
	Received in the House.
	Held at the desk.
	Message on Senate action sent to the House.
	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
	Committee Consideration and Mark-up Session Held.
	Ordered to be Reported by the Yeas and Nays: 22 - 13.
	Reported by the Committee on Judiciary. H. Rept. 109-31, Part I.
	Committee on Financial Services discharged.
	Placed on the Union Calendar, Calendar No. 14.
	Rules Committee Resolution H. Res. 211 Reported to House. Rule provides for consideration of S. 256 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. The rule waives all points of order against the bill and against its consideration. Measure will be considered read. Bill is closed to amendments.
	Rule H. Res. 211 passed House.
	Considered under the provisions of rule H. Res. 211.
	Rule provides for consideration of S. 256 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. The rule waives all points of order against the bill and against its consideration. Measure will be considered read. Bill is closed to amendments.
	DEBATE - The House proceeded with one hour of debate on S. 256.
	The previous question was ordered pursuant to the rule.
	Ms. Schakowsky moved to recommit with instructions to Judiciary.
	Floor summary: DEBATE - The House proceeded with ten minutes of debate on the Schakowsky motion to recommit with instructions.
	The previous question on the motion to recommit with instructions was ordered without objection.
	On motion to recommit with instructions Failed by the Yeas and Nays: 200 - 229 (Roll no. 107).
	On passage Passed by the Yeas and Nays: 302 - 126 (Roll no. 108).
	Motion to reconsider laid on the table Agreed to without objection.
	Cleared for White House.
	Presented to President.
	Signed by President.
	Became Public Law No: 109-8.
Feb. 1, 2005	Introduced in the Senate by Charles E. Grassley (R-Iowa)

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