BANKRUPTCY

Amendments

Laws: amend (H.R. 975), H1999, H2046, H2051, H2053, H2055, H2097 [19MR]

Articles and editorials

Why This Tax Loophole for Losers Should End, S8567 [25JN]

Bills and resolutions

Agriculture: extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (see S. 1323), S8439 [24JN] (see S. 1920), S15407 [21NO] (see H.R. 2302), H4875 [3JN] (see H.R. 2465), H5365 [12JN] (see H.R. 3540, 3542), H11700 [20NO]

———permanently reenact chapter 12 of the bankruptcy code relative to family farmers (see S. 2004), S16120 [9DE]

California: provide an additional bankruptcy judge for the eastern district (see H.R. 2158), H4367 [20MY]

Claims: establish a priority for the payment of claims for duties paid to the U.S. by licensed customs brokers and sureties on behalf of a debtor (see S. 1772), S12969 [21OC] (see S. 1891), S15187 [19NO] (see H.R. 3003), H7948 [4SE]

Courts: appointment of additional bankruptcy judges (see S. 1061), S6255 [14MY] (see H.R. 1112), H1678 [6MR] (see H.R. 1428), H2310 [25MR]

Federal courts: improve operation and administration (see H.R. 1302), H1952 [18MR]

Financial institutions: revise banking and bankruptcy insolvency laws relative to termination and netting of financial contracts (see H.R. 2120), H4203 [15MY]

Government regulations: amend laws relative to dismissal of certain involuntary cases (see S. 1128), S6978 [22MY] (see H.R. 1529), H2585 [1AP]

Income: include bonuses and other extraordinary or excessive compensation of corporate officers and violators of securities and accounting laws in bankruptcy estates (see S. 832), S5059 [9AP]

———increase amount of claims for income given priority in bankruptcy and provide cash payments to retirees to compensate for lost health benefits resulting from the bankruptcy of their former employer (see S. 1970), S15975 [25NO]

Laws: amend (see H.R. 975), H1461 [27FE]

———amend (H.R. 975), consideration (see H. Res. 147), H1952 [18MR]

Pensions: provide for avoidance of certain transfers, and alternate prosecution of certain actions, relative to certain retirement benefits (see S. 1343), S8725 [26JN] (see H.R. 2609), H6261 [26JN]

Small business: amend laws relative to venue in certain preference proceedings commenced by the trustee against small businesses (see H.R. 3581), H12307 [21NO]

———protect family farmers and family fishermen (see H.R. 343), H169 [27JA]

Taxation: clarify treatment of certain tax attributes for companies whose debt is cancelled in a bankruptcy proceeding (see S. 1331), S8559 [25JN]

———make the additional tax on early distributions from certain pension plans inapplicable in the case of hardship of certain employees due to facility closures or employers in bankruptcy (see H.R. 2545), H5662 [19JN]

———treatment of tax attributes in connection with a discharge of indebtedness in a bankruptcy case of a company having asbestos-related claims against it (see H.R. 2503), H5551 [18JN]

U.S. Airways, Inc.: pension plan restructuring (see S. 119), S132 [9JA]

Factsheets

U.S. Airways, Inc., Pension Plan Restructuring (S. 119), S118 [9JA]

Lists

Amendments rejected during consideration of H. Res. 147, consideration of H.R. 975, Bankruptcy Abuse Prevention and Consumer Protection Act, H1983 [19MR]

Motions

Laws: amend (H.R. 975), H2097 [19MR]

Remarks in House

Abortion: nondischargeability of debts incurred as a result of abortion clinic protests, E534 [20MR]

Agriculture: extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (H.R. 2465), H5673-H5675 [23JN]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (H.R. 3542), E2366 [21NO]

Business and industry: prevent corporate abuse and provide greater protection for employees, H1983, H1985 [19MR]

California: provide an additional bankruptcy judge for the eastern district (H.R. 2158), E1005 [21MY]

Claims: prevent creditors from employing involuntary bankruptcy actions relative to certain liability claims, E551 [21MR]

Consumers: provide protection for military personnel and unemployed individuals, H1988 [19MR]

Corporations: require filing of claims in the district where their principal place of business is located, H1994, H2053-H2055 [19MR]

Credit: discourage predatory lending practices, H1982 [19MR]

Families and domestic relations: treatment of alimony and child support payments, H2097, H2098 [19MR]

Government regulations: amend laws relative to dismissal of certain involuntary cases (H.R. 1529), H5103 [10JN]

Laws: amend (H.R. 975), H1960, H1961, H1991-H2100 [19MR], H2256 [20MR], E534 [20MR], E551 [21MR], E623 [31MR]

———amend (H.R. 975), consideration (H. Res. 147), H1981-H1988 [19MR]

———amend (H.R. 975), corrections in engrossment, H2100 [19MR]

———amend (H.R. 975), motion to recommit, H2097, H2098 [19MR]

———increase cap on wage and benefit claims, strengthen fraud provisions, and require reinstatement of retiree benefits modified within a certain period preceding filing, H2052 [19MR]

———treatment of financial contracts such as derivative transactions to include banks and credit unions, H2051 [19MR]

Pensions: provide for avoidance of certain transfers, and alternate prosecution of certain actions, relative to certain retirement benefits (H.R. 2609), E1377 [27JN]

Real estate: limit homestead property exemption, H1984 [19MR]

Small business: amend laws relative to venue in certain preference proceedings commenced by the trustee against small businesses (H.R. 3581), E2440 [23NO]

Taxation: treatment of tax attributes in connection with a discharge of indebtedness in a bankruptcy case of a company having asbestos-related claims against it (H.R. 2503), E1298 [18JN]

WorldCom, Inc.: reorganization under bankruptcy protection, H4263 [20MY], H5063, H5064 [9JN]

Remarks in Senate

Agriculture: extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (H.R. 2465), S10604, S10847 [31JY], S10897 [1AU]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1323), S8442, S8478 [24JN], S8598 [25JN]

———extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers (S. 1920), S16062, S16063 [25NO]

Courts: appointment of additional bankruptcy judges (S. 1061), S6261, S6262 [14MY]

Government regulations: amend laws relative to dismissal of certain involuntary cases (S. 1128), S7018, S7019 [22MY]

Income: include bonuses and other extraordinary or excessive compensation of corporate officers and violators of securities and accounting laws in bankruptcy estates (S. 832), S5068 [9AP]

———increase amount of claims for income given priority in bankruptcy and provide cash payments to retirees to compensate for lost health benefits resulting from the bankruptcy of their former employer (S. 1970), S16014 [25NO]

IRS: clarify treatment of net operating loss in calculating taxes, S6442, S6443 [15MY]

Laws: amend (H.R. 975), S4223 [20MR], S4228, S4229 [21MR]

Taxation: clarify treatment of certain tax attributes for companies whose debt is cancelled in a bankruptcy proceeding (S. 1331), S8567 [25JN]

U.S. Airways, Inc.: pension plan restructuring, S1342-S1346 [22JA]

———pension plan restructuring (S. 119), S117-S120 [9JA]

Reports filed

Bankruptcy Abuse Prevention and Consumer Protection Act: Committee on the Judiciary (House) (H.R. 975) (H. Rept. 108-40), H1952 [18MR]

Consideration of H.R. 975, Bankruptcy Abuse Prevention and Consumer Protection Act: Committee on Rules (House) (H. Res. 147) (H. Rept. 108-42), H1952 [18MR]

Financial Contracts Bankruptcy Reform Act: Committee on Financial Services (House) (H.R. 2120) (H. Rept. 108-277), H8400 [18SE]

Involuntary Bankruptcy Improvement Act: Committee on the Judiciary (House) (H.R. 1529) (H. Rept. 108-110), H4254 [19MY]

Testimonies

U.S. Airways, Inc., Pension Plan Restructuring: James J. Keightley, Pension Benefit Guaranty Corp., and William Kilberg, S1343 [22JA]

Texts of

H. Res. 147, consideration of H.R. 975, Bankruptcy Abuse Prevention and Consumer Protection Act, H1981 [19MR]

H.R. 975, Bankruptcy Abuse Prevention and Consumer Protection Act, H1999-H2046 [19MR]

H.R. 1529, Involuntary Bankruptcy Improvement Act, H5103 [10JN]

H.R. 2465, Family Farmer Bankruptcy Relief Act, H5673 [23JN]

S. 1061, Bankruptcy Judgeship Act, S6261 [14MY]

S. 1128, Involuntary Bankruptcy Improvement Act, S7019 [22MY]

S. 1323, Family Farmer Bankruptcy Relief Act, S8442 [24JN]

S. 1331, clarify treatment of certain tax attributes for companies whose debt is cancelled in a bankruptcy proceeding, S8567 [25JN]

S. 1920, extend reenactment period for chapter 12 of the bankruptcy code relative to family farmers, S16063 [25NO]