HR 272 · 103th Congress · Finance and Financial Sector

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 chapter 7 and 11.

Introduced 1993-01-05· Sponsored by Rep. McCollum, Bill [R-FL-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Economic and Commercial Law.(1993-02-10)

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