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HR 1488 100th Congress House Finance and Financial Sector Bankruptcy Business and commerce Corporate reorganizations Corporations and Stocks Employee benefit plans Health Health insurance Insurance Labor and Employment Retirement Survivors' benefits Trusts and trustees Workers' compensation

A bill to extend the period during which certain payments are required to be made for the benefit of retired former employees…

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A bill to extend the period during which certain payments are required to be made for the benefit of retired former employees; and to amend title 11 of the United States Code to prevent the rejection of contracts, whether executory or not, that provide hospitalization and health benefits to current or former employees of the debtor.

Introduced: March 9, 1987 See on congress.gov
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This bill died when the 100th Congress ended
It never became law before the 100th Congress (1987–1988) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 12, 1987
Referred to Subcommittee on Monopolies and Commercial Law.
Mar 9, 1987
Referred to House Committee on The Judiciary.
Mar 9, 1987
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriation Act, 1987 to require the bankruptcy trustee in any reorganization case to pay, until the adjournment sine die of the second session of the 100th Congress (current law sets the deadline at May 15, 1987), health, disability, or death benefits to retired former employees under a program established or maintained by the debtor prior to filing a bankruptcy petition.

Prohibits such a trustee from rejecting any executory or other contract that provides for hospitalization or health benefits for current or former employees of the debtor.

What's happening now March 12, 1987

Referred to Subcommittee on Monopolies and Commercial Law.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Kaptur, Marcy
Ohio · Mar 17, 1987
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APA
U.S. Congress. (2026). H.R. 1488: A bill to extend the period during which certain payments are required to be made for the benefit of retired former employees; and to amend title 11 of the United States Code to prevent the rejection of contracts, whether executory or not, that provide hospitalization and health benefits to current or former employees of the debtor.. 100th Congress. Open America. https://openamerica.io/bill/100-HR-1488/
MLA
"H.R. 1488: A bill to extend the period during which certain payments are required to be made for the benefit of retired former employees; and to amend title 11 of the United States Code to prevent the rejection of contracts, whether executory or not, that provide hospitalization and health benefits to current or former employees of the debtor.." 100th Congress, 2026, Open America, https://openamerica.io/bill/100-HR-1488/.
Bluebook (legal)
H.R. 1488, 100th Cong. (2026), https://openamerica.io/bill/100-HR-1488/.
Markdown link
[H.R. 1488: A bill to extend the period during which certain payments are required to be made for the benefit of retired former employees; and to amend title 11 of the United States Code to prevent the rejection of contracts, whether executory or not, that provide hospitalization and health benefits to current or former employees of the debtor.](https://openamerica.io/bill/100-HR-1488/)
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