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Bankruptcy Reform Act of 2001

Introduced: March 1, 2001 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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 Everywhere this bill has been 20 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 17, 2001
See also H.R. 333.
Mar 20, 2001
Held at the desk.
Mar 20, 2001
Received in the House.
Mar 20, 2001
Message on Senate action sent to the House.
Mar 15, 2001
Passed Senate with amendments by Yea-Nay Vote. 83 - 15. Record Vote Number: 36. (text as passed Senate: 3/19/2001 CR S2480-2530)
Mar 15, 2001
Passed/agreed to in Senate: Passed Senate with amendments by Yea-Nay Vote. 83 - 15. Record Vote Number: 36.(text as passed Senate: 3/19/2001 CR S2480-2530)
Mar 15, 2001
Considered by Senate. (consideration: CR S2324-2339, S2343-2379)
Mar 14, 2001
Cloture invoked in Senate by Yea-Nay Vote. 80 - 19. Record Vote Number: 29.
Mar 14, 2001
Considered by Senate. (consideration: CR S2273-2297, S2299-2300)
Mar 13, 2001
Considered by Senate. (consideration: CR S2172-2180, S2184-2214)
Mar 12, 2001
Cloture motion on the bill presented in Senate.
Mar 12, 2001
Considered by Senate. (consideration: CR S2142-2159)
Mar 9, 2001
Considered by Senate. (consideration: CR S2105-2013)
Mar 8, 2001
Considered by Senate. (consideration: CR S2018-2054)
Mar 7, 2001
Considered by Senate. (consideration: CR S1925-1962)
Mar 5, 2001
Measure laid before Senate by unanimous consent.
Mar 1, 2001
Placed on Senate Legislative Calendar under General Orders. Calendar No. 16.
Mar 1, 2001
Committee on the Judiciary. Original measure reported to Senate by Senator Grassley. Without written report.
Mar 1, 2001
Introduced in Senate
Feb 28, 2001
Committee on the Judiciary ordered to be reported an original measure.
 Plain-English summary Congressional Research Service
Bankruptcy Reform Act of 2001 - Amends Federal bankruptcy law governing: (1) conversion of bankruptcy petitions; (2) abusive creditor practices; (3) debt reaffirmation and credit counseling; (4) domestic support obligations; (5) personal injury claims resulting from drug or alcohol-impaired operation of a motor vehicle or vessel; (6) Federal criminal law enforcement regarding abusive reaffirmations of debt; (7) fraudulent bankruptcy schedules; (8) education and retirement benefits; (9) privacy protection of debtor's nonpublic personal information; and (10) nondischargeability of debts resulting from civil restitution or damages for debtor's willful or malicious injury that caused personal injury or death of an individual, or violations of laws relating to the provision of lawful goods and services.

Prescribes guidelines regarding: (1) discouragement of bankruptcy abuse; (2) general and small business bankruptcy; (3) bankruptcy data dissemination and bankruptcy tax provisions; (4) incorporation into the bankruptcy code of the Model Law on Cross-Border Insolvency; and (5) financial contracts and transfers entered into with an insolvent insured depository institution before its conservatorship or receivership (including securities broker/commodity broker liquidation).

Reenacts Chapter 12, Adjustment of Debts of a Family Farmer with Regular Annual Income. Prescribes guidelines for insolvent health care businesses and attendant patients' rights.

Mandates appointments and extensions for certain additional temporary bankruptcy judgeships.

Prescribes additional consumer credit disclosures.

What's happening now July 17, 2001

See also H.R. 333.

 Committees of jurisdiction 1