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- S.2589
S.2589: Protecting Employees and Retirees in Business Bankruptcies Act of 2014
About This Bill
- Introduced July 10, 2014
- Latest Major Action July 10, 2014
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Summary
Protecting Employees and Retirees in Business Bankruptcies Act of 2014 - 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 |
---|---|
July 10, 2014 |
Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S4410-4414)
|
July 10, 2014 |
Introduced in the Senate by Richard J. Durbin (D-Ill.) |