S 1892 · 102th Congress · Finance and Financial Sector

A bill to amend title 11 of the United States Code to establish a priority for the payment of claims for retiree health benefits in liquidation cases under chapters 7 and 11.

Introduced 1991-10-30· Sponsored by Sen. Mack, Connie, III [R-FL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Subcommittee on Courts and Administrative Practice.(1992-01-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Federal bankruptcy law to establish a payment priority for retiree health benefit claims, with an aggregate limitation of $10,000 multiplied by the relevant number of former employees.…

Summarized by Claude AI · Non-partisan · For informational purposes only