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S. 1486

Prioritizing Our Workers Act

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.

Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2889)

Sen. Manchin, Joe, III [D-WV](D-WV)Sponsor
1committees2actions1related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (Sponsor introductory remarks on measure: CR S2889)

    Health, Education, Labor, and Pensions Committee
  2. IntroReferral10000

    Introduced in Senate

Prioritizing Our Workers Act — Informed