H.R. 2609 · 108th Congress
Equal Treatment of Pensions and Bankruptcy Act of 2003
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ConyersSponsorNo cosponsors.
Equal Treatment of Pensions and Bankruptcy Act of 2003 - Amends Federal bankruptcy law to authorize the bankruptcy trustee to avoid a transfer of a debtor's interest in property to any trust or similar arrangement to fund supplemental retirement benefits or other deferred compensation for the benefit of an insider or other management employee made on or…
What it does: CRS summary · Introduced in House · Jun 26, 2003
Equal Treatment of Pensions and Bankruptcy Act of 2003 - Amends Federal bankruptcy law to authorize the bankruptcy trustee to avoid a transfer of a debtor's interest in property to any trust or similar arrangement to fund supplemental retirement benefits or other deferred compensation for the benefit of an insider or other management employee made on or within one year before the bankruptcy petition filing date.
Authorizes the bankruptcy court, upon request of a party in interest or a committee of creditors, to allow such party or committee to commence and prosecute specified proceedings if the trustee either consents, or fails to commence such proceedings, and if the court finds that doing so is in the best interest of the estate and for the benefit of the estate.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Equal Treatment of Pensions and Bankruptcy Act of 2003
Latest action (Sep 4, 2003): Referred to the Subcommittee on Commercial and Administrative Law.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 26, 2003
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.