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S. 1588

A bill to amend title 11 of the United States Code to make clear that the actual and necessary expenses incurred by official creditors' and equity security holders' committees in a case under chapter 11 may be paid as administrative expenses.

Amends Federal bankruptcy law to provide that the actual and necessary expenses incurred by creditors or equity securities holders in certain bankruptcy cases may be paid as administrative expenses.

Referred to Subcommittee on Courts and Administrative Practice.

Sen. DeConcini, Dennis [D-AZ](D-AZ)Sponsor
1committees3actions3subjects
  1. Committee

    Referred to Subcommittee on Courts and Administrative Practice.

    Administrative Oversight and the Courts Subcommittee
  2. IntroReferral

    Read twice and referred to the Committee on Judiciary.

    Judiciary Committee
  3. IntroReferral10000

    Introduced in Senate