3.0.0 5113 2023-01-13T04:48:45Z 2023-01-13T04:48:45Z House H HR 2006-04-06 109 hsju00 Judiciary Committee House Standing Referred to 2006-04-06T14:00:20Z Fairness and Accountability in Reorganizations Act of 2006 109 2556 S 2006-04-06 Read twice and referred to the Committee on the Judiciary. Identical bill CRS 2006-04-06 Referred to the House Committee on the Judiciary. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2006-04-06 Sponsor introductory remarks on measure. (CR E545) IntroReferral B00100 9 Library of Congress 2006-04-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-04-06 Introduced in House IntroReferral 1000 9 Library of Congress C000714 Rep. Conyers, John, Jr. [D-MI-14] JOHN CONYERS D MI 14 N K000172 Rep. Kildee, Dale E. [D-MI-5] DALE KILDEE D MI E. 5 2006-04-25 False C000191 Rep. Carson, Julia [D-IN-7] JULIA CARSON D IN 7 2006-04-25 False V000108 Rep. Visclosky, Peter J. [D-IN-1] PETER VISCLOSKY D IN J. 1 2006-04-25 False K000009 Rep. Kaptur, Marcy [D-OH-9] MARCY KAPTUR D OH 9 2006-04-25 False B000944 Rep. Brown, Sherrod [D-OH-13] Sherrod Brown D OH 13 2006-04-25 False G000551 Rep. Grijalva, Raúl M. [D-AZ-7] Raúl Grijalva D AZ M. 7 2006-04-25 False K000336 Rep. Kucinich, Dennis J. [D-OH-10] DENNIS KUCINICH D OH J. 10 2006-04-25 False S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2006-04-25 False P000149 Rep. Payne, Donald M. [D-NJ-10] DONALD PAYNE D NJ M. 10 2006-04-25 False F000030 Rep. Farr, Sam [D-CA-17] SAM FARR D CA 17 2006-04-25 False D000210 Rep. Delahunt, William D. [D-MA-10] William Delahunt D MA D. 10 2006-04-25 False S001004 Rep. Strickland, Ted [D-OH-6] TED STRICKLAND D OH 6 2006-04-25 False L000551 Rep. Lee, Barbara [D-CA-9] BARBARA LEE D CA 9 2006-04-25 False L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2006-04-25 False T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 2006-04-25 False S001156 Rep. Sánchez, Linda T. [D-CA-39] Linda Sánchez D CA T. 39 2006-04-27 False W000738 Rep. Woolsey, Lynn C. [D-CA-6] LYNN WOOLSEY D CA 6 2006-04-27 False L000263 Rep. Levin, Sander M. [D-MI-12] SANDER LEVIN D MI M. 12 2006-04-27 False M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2006-04-27 False D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2006-04-27 False B001242 Rep. Bishop, Timothy H. [D-NY-1] Timothy Bishop D NY H. 1 2006-05-03 False D000355 Rep. Dingell, John D. [D-MI-15] JOHN DINGELL D MI D. 15 2006-05-03 False D000399 Rep. Doggett, Lloyd [D-TX-25] LLOYD DOGGETT D TX 25 2006-05-03 False N000179 Rep. Napolitano, Grace F. [D-CA-38] GRACE NAPOLITANO D CA F. 38 2006-05-03 False S000248 Rep. Serrano, Jose E. [D-NY-16] JOSE SERRANO D NY E. 16 2006-05-03 False S001150 Rep. Schiff, Adam B. [D-CA-29] ADAM SCHIFF D CA B. 29 2006-05-04 False S000810 Rep. Stark, Fortney Pete [D-CA-13] PETE STARK D CA 13 2006-05-09 False M000725 Rep. Miller, George [D-CA-7] GEORGE MILLER D CA 7 2006-05-09 False B001229 Rep. Baird, Brian [D-WA-3] BRIAN BAIRD D WA 3 2006-05-10 False S000185 Rep. Scott, Robert C. "Bobby" [D-VA-3] Robert Scott D VA C. "Bobby" 3 2006-05-11 False V000128 Rep. Van Hollen, Chris [D-MD-8] Chris Van Hollen D MD 8 2006-05-11 False H001038 Rep. Higgins, Brian [D-NY-27] Brian Higgins D NY 27 2006-05-11 False K000180 Rep. Kilpatrick, Carolyn C. [D-MI-13] CAROLYN KILPATRICK D MI CHEEKS 13 2006-05-11 False M001149 Rep. Michaud, Michael H. [D-ME-2] Michael Michaud D ME H. 2 2006-05-11 False C000984 Rep. Cummings, Elijah E. [D-MD-7] ELIJAH CUMMINGS D MD E. 7 2006-05-18 False O000085 Rep. Olver, John W. [D-MA-1] JOHN OLVER D MA W. 1 2006-05-18 False H001032 Rep. Holt, Rush [D-NJ-12] RUSH HOLT D NJ D. 12 2006-05-23 False M000523 Rep. McKinney, Cynthia A. [D-GA-4] CYNTHIA MCKINNEY D GA A. 4 2006-05-23 False M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2006-05-23 False P000034 Rep. Pallone, Frank, Jr. [D-NJ-6] FRANK PALLONE D NJ 6 2006-05-23 False R000577 Rep. Ryan, Tim [D-OH-17] TIM RYAN D OH 17 2006-06-09 False C001060 Rep. Carnahan, Russ [D-MO-3] Russ Carnahan D MO 3 2006-07-24 False T000266 Rep. Tierney, John F. [D-MA-6] JOHN TIERNEY D MA F. 6 2006-09-06 False Finance and Financial Sector Affiliated corporations Bankruptcy Bankruptcy courts Collective bargaining Commerce Consultants Corporate reorganizations Corporation directors Debtor and creditor Evidence (Law) Executive compensation Foreign Trade and International Finance Foreign corporations Fringe benefits Health Labor contracts Law Retiree health benefits Subsidiary corporations Finance and Financial Sector 00 2006-04-06 Introduced in House 2006-04-14T21:09:13Z Fairness and Accountability in Reorganizations Act of 2006 - Revises federal bankruptcy law to add to the conditions for court confirmation of a corporate reorganization plan that the compensation of an insider who will be employed or retained by the reorganized debtor has been approved by, or is subject to the approval of, the court, as reasonable.

Prohibits the payment of a compensation enhancement in order to induce an insider of the debtor to remain with the debtor's business, unless the court finds that any transfers or obligations to or for the insider's benefit are essential to the survival of the business, or to the orderly liquidation and maximization of the value of the debtor's assets.

Revises requirements for collective bargaining agreements and retiree health benefits to instruct the court to take into account the ongoing impact on the debtor of the debtor's relationship with all subsidiaries and affiliates, regardless of whether domestic or foreign, or whether any such subsidiary or affiliate is a debtor entity.

]]> Fairness and Accountability in Reorganizations Act of 2006 Display Title Fairness and Accountability in Reorganizations Act of 2006 Official Title as Introduced To amend title 11, United States Code, with respect to reform of executive compensation in corporate bankruptcies. Introduced in House IH Short Titles as Introduced Fairness and Accountability in Reorganizations Act of 2006 Introduced in House 2006-04-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr5113ih/xml/BILLS-109hr5113ih.xml 2006-04-06 Referred to the House Committee on the Judiciary. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.