HR 3969
115th Congress
House
Finance and Financial Sector
Bankruptcy
Employee benefits and pensions
Prioritizing Our Workers Act
Introduced: October 5, 2017
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 16, 2017
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Oct 5, 2017
Referred to the House Committee on the Judiciary.
Oct 5, 2017
Introduced in House
Plain-English summary
Prioritizing Our Workers Act
This bill amends the federal bankruptcy code to include as allowable administrative expenses in bankruptcy the unfunded vested benefits in a defined pension plan and certain pension obligations under the Employee Retirement Income Security Act of 1974 (ERISA). Claims for administrative expenses are entitled to priority in bankruptcy proceedings.
What's happening now
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Committees of jurisdiction
2