US HB139 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 3 2017 - 25% progression, died in committee
Action: 2017-01-23 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Pending: House Subcommittee on Regulatory Reform, Commercial And Antitrust Law Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017 This bill amends federal bankruptcy law to: (1) heighten criteria with respect to a municipality's eligibility for municipal bankruptcy, and (2) revise provisions related to judicial procedure and review in municipality bankruptcy cases. In addition, the bill expands protections for employees and retirees in cases of municipal bankruptcy. Specifically, if a municipal bankruptcy plan modifies a collective bargaining agreement or retiree benefit, the covered employees' authorized representative must agree to the plan as a condition of the plan's confirmation by the court. In general, the authorized representative shall be the labor organization that is signatory to the collective bargaining agreement. However, the bill establishes procedures for the court's appointment of a different representative under specified circumstances.

Tracking Information

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Title

Protecting Employees and Retirees in Municipal Bankruptcies Act of 2017

Sponsors


History

DateChamberAction
2017-01-23HouseReferred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
2017-01-03HouseReferred to the House Committee on the Judiciary.
2017-01-03HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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