H.R. 3808 · 108th Congress
Safeguarding Assets For Employees in Bankruptcy Act of 2004
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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.
No cosponsors.
Safeguarding Assets For Employees in Bankruptcy Act of 2004 - Amends Federal bankruptcy law to: (1) increase from $4,000 to $20,000 the dollar amount of specified unsecured claims related to employment benefits in the third and fourth priority tier; and (2) place in fifth order of priority the allowed unsecured claims of employees arising under the Worker…
What it does: CRS summary · Introduced in House · Feb 11, 2004
Safeguarding Assets For Employees in Bankruptcy Act of 2004 - Amends Federal bankruptcy law to: (1) increase from $4,000 to $20,000 the dollar amount of specified unsecured claims related to employment benefits in the third and fourth priority tier; and (2) place in fifth order of priority the allowed unsecured claims of employees arising under the Worker Adjustment and Retraining Notification Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Safeguarding Assets For Employees in Bankruptcy Act of 2004
Latest action (Mar 1, 2004): Referred to the Subcommittee on Commercial and Administrative Law.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Feb 11, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.