H.R.6117: Protecting Employees and Retirees in Business Bankruptcies Act of 2012

About This Bill

Bill Summary

Protecting Employees and Retirees in Business Bankruptcies Act of 2012 - Amends federal bankruptcy law governing expenses and claims to increase to $20,000: (1) allowed unsecured claims in the fourth order of priority (wages, salaries, or commissions); and (2) the factor multiplied by the number of employees covered with respect to employee benefit plan contributions in the fifth order of priority. Includes within the scope of a claim in...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Courts, Commercial and Administrative Law.
July 12, 2012

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

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