HR 2604 · 105th Congress · Finance and Financial Sector
Religious Liberty and Charitable Donation Protection Act of 1998
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Laid on the table. See S. 1244 for further action. (consideration: CR H4005)(1998-06-03)
Plain Language Summary
[AI summary unavailable — showing source text]
Religious Liberty and Charitable Donation Protection Act of 1997 - Amends Federal bankruptcy law with respect to avoidance by the trustee in bankruptcy of fraudulent transfers and obligations to cite circumstances under which a transfer of a charitable contribution to a qualified religious or charitable unit shall not be considered to be fraudulent. Prohibits the trustee from avoiding such charitable contributions when acting as lien creditors and successor to certain creditor and purchasers. Excludes from "disposable income," for purposes of bankruptcy plan confirmation, up to 15 percent of the gross income of the debtor when it is expended for such charitable contributions. Prohibits the bankruptcy court, when it determines whether to dismiss a case, from taking into consideration whether a debtor makes charitable contributions to any qualified religious or charitable entity.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2604, Religious Liberty and Charitable Donation Protection Act of 1997
May 19, 1998Cost estimate for the bill as ordered reported by the House Committee on the Judiciary on May 14, 1998
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
6 Democrats14 Republicans