S 2267 · 115th Congress · Finance and Financial Sector

Pension Priority Act

Introduced 2017-12-21· Sponsored by Sen. Franken, Al [D-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on the Judiciary.(2017-12-21)

Plain Language Summary

[AI summary unavailable — showing source text] Pension Priority Act This bill amends the federal bankruptcy code to add a new category of unsecured priority claims in bankruptcy proceedings. Specifically, it gives eighth priority to certain claims related to an employer pension plan.…

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