Bankruptcy
US Congress 113th Congress
FACT Act [S.2319]
[Consumer Protection ]
[Law Enforcement ]
[Public Safety ]
Furthering Asbestos Claim Transparency Act of 2014 or FACT Act - Amends federal bankruptcy law concerning a trust formed under a reorganization plan following the discharge in bankruptcy of a debtor corporation in order to assume the debtor's liability with respect to claims seeking recovery for personal injury, wrongful death, or property damage allegedly caused by the presence of, or exposure to, asbestos or asbestos-containing products. Requires such a trust to file with the bankruptcy court quarterly reports, available on the public docket,
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Sponsored by: Sen. Jeff Flake
Read Twice And Referred To The Committee On The Judiciary. on 05/12/2014
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Financial Takeover Repeal Act of 2013 [S.20]
[Finance ]
[Consumer Protection ]
Financial Takeover Repeal Act of 2013 - Repeals the Dodd-Frank Wall Street Reform and Consumer Protection Act. Revives or restores the provisions of law amended by such Act as if it had not been enacted.
Sponsored by: Sen. Mike Lee
Read Twice And Referred To The Committee On Finance. on 02/27/2013
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US Congress 113th Congress
USA Retirement Funds Act [S.1979]
[Finance ]
[Labor, Jobs, Employment ]
[Pensions ]
[Retirement ]
USA Retirement Funds Act - Requires each employer (except certain small employers, governments, and churches) that does not maintain a qualifying plan or arrangement meeting specified criteria for any part of a calendar year to make available to each qualifying employee for the calendar year an automatic USA Retirement Fund arrangement. Defines an "automatic USA Retirement Fund arrangement" as one that covers each qualifying employee of the covered employer for the calendar year and under which a qualifying employee: (1) may elect to contribute
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Sponsored by: Sen. Brian Schatz
Read Twice And Referred To The Committee On Health, Education, Labor, And Pensions. on 01/30/2014
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Taxpayer Protection and Responsible Resolution Act [S.1861]
[Finance ]
[Taxes ]
[Budget and Spending ]
Taxpayer Protection and Responsible Resolution Act - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal Title II (Orderly Liquidation Authority), governing the bankruptcy of financial institutions. Makes conforming amendments to the Federal Deposit Insurance Act and the Federal Reserve Act. Amends federal bankruptcy law to add "Chapter 14 - Liquidation, Reorganization, or Recapitalization of A Covered Financial Corporation," setting forth requirements and prohibitions regarding: (1) commencement of a case concerning
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Sponsored by: Sen. Mike Lee
Read Twice And Referred To The Committee On The Judiciary. on 12/19/2013
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Economic Freedom Zones Act of 2013 [S.1852]
[Economic Development ]
[Taxes ]
[Labor, Jobs, Employment ]
[Environmental ]
[Education ]
[Immigration ]
[Poverty ]
[Budget and Spending ]
[Small Business ]
[Real Estate ]
[Construction ]
[Funding ]
[Grants ]
[Human Services ]
[Pensions ]
[Community Development ]
Economic Freedom Zones Act of 2013 - Prohibits federal assistance (e.g., loans, loan guarantees, or purchases) from being provided to: (1) a state, municipality, zip code, or rural area (eligible entity) other than an entity that is designated an Economic Free Zone by this Act; (2) a municipality that is a debtor in a bankruptcy proceeding; or (3) a state or municipality that is insolvent. Sets forth requirements for the designation of an eligible entity as an Economic Freedom Zone, including bankruptcy eligibility, insolvency, or pervasive poverty,
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Sponsored by: Sen. Rand Paul
Read Twice And Referred To The Committee On Finance. on 12/18/2013
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Restoring Main Street Investor Protection and Confidence Act [S.1725]
[Finance ]
[Consumer Protection ]
[Law Enforcement ]
[Investments ]
Restoring Main Street Investor Protection and Confidence Act - Amends the Securities Investor Protection Act of 1970 to revise the definition of "net equity." Bases the determination of net equity, the positions, options, and contracts of a customer reported to the customer as held by the debtor, and any indebtedness of the customer to the debtor, upon: (1) the information contained in the last statement issued by the debtor to the customer before the filing date; and (2) any additional written confirmations of the customer's positions, options,
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Sponsored by: Sen. Robert P. Casey
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 11/19/2013
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Patent Transparency and Improvements Act of 2013 [S.1720]
[Technology and Innovation ]
[Consumer Protection ]
[Small Business ]
[Cybersecurity ]
[Artificial Intelligence ]
[Data Privacy ]
Patent Transparency and Improvements Act of 2013 - Directs a court to require a patentee who has filed a civil action for patent infringement to disclose to the court and to all adverse parties any persons, associations, corporations (including parent corporations), or other entities known by the patentee to have: (1) a financial interest in the subject matter in controversy or in a party to the proceeding, or (2) any other interest that could be substantially affected by the outcome of the proceeding. Requires any assignment of all substantial
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Sponsored by: Sen. Mike Lee
Committee On The Judiciary. Hearings Held. on 12/17/2013
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Family Friendly and Workplace Flexibility Act of 2013 [S.1626]
[Family-Related Legislation ]
[Labor, Jobs, Employment ]
[Budget and Spending ]
[Small Business ]
[Funding ]
[Human Services ]
[Poverty ]
[Public Safety ]
Family Friendly and Workplace Flexibility Act of 2013 - Amends the Fair Labor Standards Act of 1938 to authorize private employers to provide compensatory time off to private employees at a rate of at least 1 1/2 hours per hour of employment for which overtime compensation is required. Authorizes an employer to provide compensatory time only in accordance with an applicable collective bargaining agreement or, in the absence of such an agreement, an agreement between the employer and employee. Prohibits an employee from accruing more than 160 hours
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Sponsored by: Sen. Johnny Isakson
Sponsor Introductory Remarks On Measure. (cr S7803) on 11/05/2013
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Enhanced Security Clearance Act of 2014 [S.1618]
[National Security ]
[Cybersecurity ]
[Law Enforcement ]
[Technology and Innovation ]
[Military ]
[Data Privacy ]
Enhanced Security Clearance Act of 2014 - Requires the Director of National Intelligence to develop and implement a plan to eliminate the backlog of overdue periodic reinvestigations of individuals determined eligible for access to classified information or eligible to hold a sensitive position (covered individuals). Requires such plan to: (1) use a risk-based approach to identify high-risk populations and prioritize reinvestigations that are due or overdue to be conducted, and (2) use random automated record checks of covered individuals that shall
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Sponsored by: Sen. Susan M. Collins
Committee On Homeland Security And Governmental Affairs. Reported By Senator Carper With An Amendment In The Nature Of A Substitute And An Amendment To The Title. With Written Report No. 113-283. on 12/02/2014
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Family Farmer Bankruptcy Clarification Act of 2013 [S.1427]
[Agriculture ]
[Finance ]
[Small Business ]
[Family-Related Legislation ]
Family Farmer Bankruptcy Clarification Act of 2013 - Amends chapter 12 of federal bankruptcy law (Debt Adjustment of a Family Farmer or Fisherman with Regular Annual Income) with respect to discharge of governmental claims based upon the disposition of property used in a farming operation. Treats any unsecured claim of a governmental unit against the debtor or debtor's estate as an unsecured debt (hence, not entitled to priority payment), if it results from the sale, transfer, exchange, or other disposition of any property used in the debtor's farming
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Sponsored by: Sen. Chuck Grassley
Senate Committee On Finance Discharged By Unanimous Consent. (consideration: Cr S6335) on 09/10/2013
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Commerce, Justice, Science, and Related Agencies Appropriations Act, 2014 [S.1329]
[Science ]
[Finance ]
[Technology and Innovation ]
[Trade ]
[Budget and Spending ]
[Law Enforcement ]
[National Security ]
[Cybersecurity ]
[Artificial Intelligence ]
[Telecommunications ]
[Public Safety ]
[Small Business ]
[Energy ]
[Criminal Justice ]
[Aerospace ]
[Human Rights ]
[Elections ]
[Ethics ]
[Funding ]
[Grants ]
[Military ]
[Crime ]
Commerce, Justice, Science, and Related Agencies Appropriations Act, 2014 - Makes appropriations for FY2014 for the Departments of Commerce and Justice, for science-related programs, and related agencies. Sets forth requirements, restrictions, and limitations on the use of funds appropriated by this Act. Title I: Department of Commerce - Department of Commerce Appropriations Act, 2014 - Makes appropriations for the Department of Commerce for FY2014 for: the International Trade Administration; the Bureau of Industry and Security; the Economic Development
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Sponsored by: Sen. Barbara A. Mikulski
Committee On Appropriations. Original Measure Reported To Senate By Senator Mikulski. With Written Report No. 113-78. on 07/18/2013
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21st Century Glass-Steagall Act of 2013 [S.1282]
[Finance ]
[Investments ]
21st Century Glass-Steagall Act of 2013 - Amends the Federal Deposit Insurance Act to prohibit an insured depository institution from: (1) being or becoming an affiliate of any insurance company, securities entity, or swaps entity; (2) being in common ownership or control with any insurance company, securities entity, or swaps entity; or (3) engaging in any activity that would cause the insured depository institution to qualify as an insurance company, securities entity, or swaps entity. Prohibits any individual who is an officer, director, partner,
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Sponsored by: Sen. John McCain
Sponsor Introductory Remarks On Measure. (cr S5670-5671) on 07/11/2013
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Fairness for Struggling Students Act of 2013 [S.114]
[Student Loans ]
Fairness for Struggling Students Act of 2013 - Revises federal bankruptcy law with respect to the exemption from the exception to discharge in bankruptcy for certain educational loans if excepting such debt from discharge would impose an undue hardship on the debtor and debtor's dependents. Limits such exemption to the existing ones for: (1) an educational benefit overpayment or loan made, insured, or guaranteed by a governmental unit or made under any program funded in whole or in part by a governmental unit; and (2) an obligation to repay funds
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Sponsored by: Sen. Jack Reed
Sponsor Introductory Remarks On Measure. (cr S220-221) on 01/23/2013
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US Congress 113th Congress
Family and Retirement Health Investment Act of 2013 [S.1031]
[Healthcare ]
[Medicare and Medicaid ]
[Insurance ]
[Taxes ]
[Veterans ]
[Public Health ]
[Retirement ]
Family and Retirement Health Investment Act of 2013 - Amends the Internal Revenue Code, with respect to health savings accounts (HSAs), to allow: spouses who have both attained age 55 to make increased catch-up contributions to the same HSA; Medicare Part A (hospital insurance benefits) beneficiaries to participate in an HSA; Medicare beneficiaries participating in an Archer medical savings account designated as a Medicare Advantage MSA to contribute to an HSA; veterans eligible for service-connected disability benefits and individuals
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Sponsored by: Sen. Marco Rubio
Read Twice And Referred To The Committee On Finance. on 05/23/2013
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Terminating the Expansion of Too-Big-To-Fail Act of 2013 [S.100]
[Finance ]
[Budget and Spending ]
[Consumer Protection ]
Terminating the Expansion of Too-Big-To-Fail Act of 2013 - Amends the Financial Stability Act of 2010, title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), the Federal Deposit Insurance Act, and the Federal Reserve Act to eliminate all supervision by the Board of Governors of the Federal Reserve System (Board) of domestic and foreign nonbank financial companies, including new or heightened standards and safeguards and minimum leverage capital requirements. Eliminates the duty of the Financial Stability Oversight
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Sponsored by: Sen. David Vitter
Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 01/23/2013
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Furthering Asbestos Claim Transparency (FACT) Act of 2013 [HB-982]
[Consumer Protection ]
[Healthcare ]
[Law Enforcement ]
[Public Safety ]
Furthering Asbestos Claim Transparency (FACT) Act of 2013 - Amends federal bankruptcy law concerning a trust formed under a reorganization plan following the discharge in bankruptcy of a debtor corporation in order to assume the debtor's liability with respect to claims seeking recovery for personal injury, wrongful death, or property damage allegedly caused by the presence of, or exposure to, asbestos or asbestos-containing products. Requires such a trust to file with the bankruptcy court quarterly reports, available on the public docket, which
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Sponsored by: Rep. Steve Chabot
Received In The Senate And Read Twice And Referred To The Committee On The Judiciary. on 11/14/2013
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Bankruptcy Nondiscrimination Enhancement Act of 2013 [HB-646]
[Labor, Jobs, Employment ]
[Consumer Protection ]
Bankruptcy Nondiscrimination Enhancement Act of 2013 - Amends the federal bankruptcy code to prohibit private employers from denying employment to: (1) an individual who is or has been a debtor under either the bankruptcy code or the Bankruptcy Act, or (2) an individual associated with such debtor or bankrupt. Eliminates from such prohibition the limitation applying it to a denial or termination of employment solely on the basis of debtor status (thus applying the prohibition to any case in which debtor status is not the sole basis for discrimination).
Sponsored by: Rep. Steve Cohen
Referred To The Subcommittee On Regulatory Reform, Commercial And Antitrust Law. on 04/08/2013
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US Congress 113th Congress
Insurance Consumer Protection and Solvency Act of 2013 [HB-605]
[Insurance ]
[Consumer Protection ]
Insurance Consumer Protection and Solvency Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to exclude an insurance company from the definition of a "financial company" for purposes of such Act (thus removing an insurance company from the purview of the Act). Removes from the Federal Deposit Insurance Corporation (FDIC) the authority to place insurance companies into orderly liquidation. Excludes from the definition of "eligible financial company" for purposes of risk-based assessments an insurance company subject
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Sponsored by: Sen. Kyrsten Lee Sinema
Hearings Held By The Subcommittee On Housing And Insurance Prior To Referral. on 05/20/2014
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USA Retirement Funds Act [HB-5828]
[Finance ]
[Labor, Jobs, Employment ]
[Pensions ]
[Retirement ]
USA Retirement Funds Act - Requires each employer (except certain small employers, governments, and churches) that does not maintain a qualifying plan or arrangement meeting specified criteria for any part of a calendar year to make available to each qualifying employee for the calendar year an automatic USA Retirement Fund arrangement. Defines an "automatic USA Retirement Fund arrangement" as one that covers each qualifying employee of the covered employer for the calendar year and under which a qualifying employee: (1) may elect to contribute
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Sponsored by: Rep. Matthew A. Cartwright
Referred To The Committee On Education And The Workforce, And In Addition To The Committee On Ways And Means, For A Period To Be Subsequently Determined By The Speaker, In Each Case For Consideration Of Such Provisions As Fall Within The Jurisdiction Of The Committee Concerned. on 12/10/2014
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Vehicle Safety Improvement Act of 2014 [HB-5654]
[Transportation and Motor Vehicles ]
[Consumer Protection ]
[Public Safety ]
Vehicle Safety Improvement Act of 2014 - Revises and expands requirements relating to public disclosure by the National Highway Traffic Safety Administration (NHTSA) of: (1) defects in motor vehicles or equipment, whether or not such defects are safety-related; and (2) noncompliance with vehicle safety standards. Requires: (1) public disclosure of early warning information submitted by vehicle manufactures unless exempt from disclosure by the Freedom of Information Act (FOIA), (2) public disclosure of summaries of NHTSA inquiries to manufacturers
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Sponsored by: Rep. Janice D. Schakowsky
Referred To The Subcommittee On Commerce, Manufacturing, And Trade. on 09/19/2014