US SB1486 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 15 2019 - 25% progression, died in committee
Action: 2019-05-15 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2889)
Pending: Senate Health, Education, Labor, And Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Includes as allowable administrative expenses in bankruptcy the unfunded vested benefits in a defined pension plan and certain pension withdrawal liabilities. Claims for administrative expenses are entitled to priority in bankruptcy proceedings.

Tracking Information

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Title

Prioritizing Our Workers Act

Sponsors


History

DateChamberAction
2019-05-15SenateRead twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2889)

Same As/Similar To

HB2619 (Same As) 2019-06-26 - Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Subjects


US Congress State Sources


Bill Comments

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