H.R. 139 · 115th Congress
Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ConyersSponsor3 cosponsors · 3 D
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017
What it does: CRS summary · Introduced in House · Jan 3, 2017
Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017
This bill amends federal bankruptcy law to: (1) heighten criteria with respect to a municipality's eligibility for municipal bankruptcy, and (2) revise provisions related to judicial procedure and review in municipality bankruptcy cases.
In addition, the bill expands protections for employees and retirees in cases of municipal bankruptcy. Specifically, if a municipal bankruptcy plan modifies a collective bargaining agreement or retiree benefit, the covered employees' authorized representative must agree to the plan as a condition of the plan's confirmation by the court.
In general, the authorized representative shall be the labor organization that is signatory to the collective bargaining agreement. However, the bill establishes procedures for the court's appointment of a different representative under specified circumstances.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017
Latest action (Jan 23, 2017): Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 3, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.