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HR 3415 107th Congress House Finance and Financial Sector Bankruptcy Corporate collapse Debtor and creditor Employee benefit plans Employee pensions Labor and Employment Salaries Wages

Employment Contract Protection Act of 2001

Introduced: December 5, 2001 See on congress.gov
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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 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.

What's happening now January 14, 2002

Referred to the Subcommittee on Commercial and Administrative Law.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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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