H.R. 318 — To amend title 11 of the United States Code to establish a priority for the payment of claims for retiree health benefits in liquidation cases under chapters 7 and 11.

Summary

Amends Federal bankruptcy law to establish a payment priority for retiree health benefit claims, with an aggregate limitation of $10,000 multiplied by the relevant number of former employees.

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Legislative Actions

1995-01-04
Introduced in House
1995-01-04
Introduced in House
1995-01-04
Referred to the House Committee on the Judiciary.
1995-01-25
Referred to the Subcommittee on Commercial and Administrative Law.

To amend title 11 of the United States Code to establish a priority for the payment of claims for retiree health benefits in liquidation cases under chapters 7 and 11.

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