United States · Bill · HR
H.R. 11960 (93rd)
A bill to amend section 64 of the Bankruptcy Act to increase the maximum amount of wages and commissions accorded a priority over other debts of a bankrupt, and to clarify the definitions of wages accorded such priority.
Introduced
13 December 1973
Last action
—
Status
Referred to House Committee on the Judiciary.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Provides, under the Bankruptcy Act, that wages and commissions, including life insurance premiums, pension fund payments, income tax deductions, and social security deductions, not to exceed $3,000 shall have priority over other debts of a bankrupt.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 13 December 1973
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/11960
- Open data entity: https://api.congress.gov/v3/bill/93/hr/11960