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HR 3415 107th Congress House

Employment Contract Protection Act of 2001

Official title: To amend title 11 of the United States Code to extend the priority provided to claims for compensation and benefits of all employees.

Introduced: December 20, 2001 See on congress.gov
Finance and Financial Sector BankruptcyCorporate collapseDebtor and creditorEmployee benefit plans
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Employee pensionsLabor and EmploymentSalariesWages
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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
Jan 14, 2002
Referred to the Subcommittee on Commercial and Administrative Law.
Dec 5, 2001
Referred to the House Committee on the Judiciary.
Dec 5, 2001
Introduced in House
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 Latest action January 14, 2002

Referred to the Subcommittee on Commercial and Administrative Law.

 Plain-English summary Congressional Research Service
Employment Contract Protection Act of 2001 - Amends the Federal bankruptcy code with respect to priority of claims to revise the third level of priority (allowed unsecured claims) to repeal the limitation of claims to $4,000 of wages, salaries, or commissions earned by an individual or corporation within 90 days before the filing date of debtor's petition in bankruptcy or the debtor's cessation of business (thus allowing any such claim earned before petition filing or business cessation).

Revises the fourth level of priority, allowed unsecured claims for contributions to an employee benefit plan, to: (1) repeal the limitation to claims arising from services rendered within 180 days before petition filing or business cessation, thus allowing any claim for services rendered before such date; and (2) reduce the current deduction from such amount to a deduction of only the aggregate amount paid by the estate in bankruptcy on behalf of such employees to any other employee benefit plan.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 5
All 5 Democratic 2 Independent 1
D
Kaptur, Marcy
Ohio · Jan 23, 2002
 D
Schakowsky, Janice D.
Illinois · Dec 20, 2001
 I
Sanders, Bernard
Vermont · Dec 19, 2001
CHRISTENSEN, DONNA
· Dec 12, 2001
LIPINSKI, WILLIAM
· Dec 12, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3415: Employment Contract Protection Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-3415/
MLA
"H.R. 3415: Employment Contract Protection Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-3415/.
Bluebook (legal)
H.R. 3415, 107th Cong. (2026), https://openamerica.io/bill/107-HR-3415/.
Markdown link
[H.R. 3415: Employment Contract Protection Act of 2001](https://openamerica.io/bill/107-HR-3415/)
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