H.R.3652: Protecting Employees and Retirees in Business Bankruptcies Act of 2007

About This Bill

Bill Cosponsors

74 (74 Democrats, 1 Republican)

Bill Summary

Protecting Employees and Retirees in Business Bankruptcies Act of 2007 - Amends federal bankruptcy law to increase the maximum amount per individual or corporationof unsecured claims ranked in the fourth (wages, salaries, or commissions) and fifth (employee benefit plan contributions) order of priority. Includes within the scope of a claim in bankruptcy certain equity securities held in a defined contribution plan for the benefit of certain...

(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.
Sept. 25, 2007

Introduced in the House by John Conyers Jr. (D-Mich.)

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