SENATE 1486116th CongressRead twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2889)
Prioritizing Our Workers Act
- Last Action
- 5/15/2019
CRS Summary
As of 2019-05-15 (00)
Prioritizing Our Workers Act
This bill includes as allowable administrative expenses in bankruptcy the unfunded vested benefits in a defined pension plan and certain pension withdrawal liabilities. Claims for administrative expenses are entitled to priority in bankruptcy proceedings.
Subjects
- Bankruptcy
- Employee benefits and pensions
Sourced from Congress.gov (public domain).
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