Summary: H.R.3969 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.3969. Bill summaries are authored by CRS.

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Introduced in House (10/05/2017)

Prioritizing Our Workers Act

This bill amends the federal bankruptcy code to include as allowable administrative expenses in bankruptcy the unfunded vested benefits in a defined pension plan and certain pension obligations under the Employee Retirement Income Security Act of 1974 (ERISA). Claims for administrative expenses are entitled to priority in bankruptcy proceedings.