HR 3493 · 103th Congress · Finance and Financial Sector

To amend title 11 of the United States Code to increase, for the purpose of giving priority in bankruptcy, the dollar amount of unsecured claims of consumers who made deposits with the debtor.

Introduced 1993-11-10· Sponsored by Rep. Franks, Gary A. [R-CT-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Economic and Commercial Law.(1993-11-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Federal bankruptcy law with respect to the sixth level of claim priority to increase from $900.00 to $2,000.00 the amount of allowed unsecured claims of individual consumers arising from the deposits made before commencement of the case in bankruptcy.…

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