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HR 139 115th Congress House Finance and Financial Sector Bankruptcy Federal appellate courts Government employee pay, benefits, personnel management Jurisdiction and venue Labor-management relations Specialized courts State and local finance

Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017

Introduced: January 3, 2017 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 23, 2017
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Jan 3, 2017
Referred to the House Committee on the Judiciary.
Jan 3, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017

This bill amends federal bankruptcy law to: (1) heighten criteria with respect to a municipality's eligibility for municipal bankruptcy, and (2) revise provisions related to judicial procedure and review in municipality bankruptcy cases.

In addition, the bill expands protections for employees and retirees in cases of municipal bankruptcy. Specifically, if a municipal bankruptcy plan modifies a collective bargaining agreement or retiree benefit, the covered employees' authorized representative must agree to the plan as a condition of the plan's confirmation by the court.

In general, the authorized representative shall be the labor organization that is signatory to the collective bargaining agreement. However, the bill establishes procedures for the court's appointment of a different representative under specified circumstances.

What's happening now January 23, 2017

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2