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United States · Bill · HR

H.R. 2096 (117th)

SACKLER Act

referredUnited States· United States Congress· EN

Introduced

19 March 2021

Last action

19 October 2021 · Referred

Status

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Sponsors

Rep. Maloney, Carolyn B. [D-NY-12], Rep. DeSaulnier, Mark [D-CA-10], Rep. Clark, Katherine M. [D-MA-5], Rep. Kuster, Ann M. [D-NH-2], Rep. Ocasio-Cortez, Alexandria [D-NY-14], Rep. Pressley, Ayanna [D-MA-7], Rep. Tlaib, Rashida [D-MI-12], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Lynch, Stephen F. [D-MA-8], Rep. McGovern, James P. [D-MA-2], Rep. DeLauro, Rosa L. [D-CT-3], Rep. Torres, Ritchie [D-NY-15], Rep. Bush, Cori [D-MO-1], Rep. Connolly, Gerald E. [D-VA-11], Sen. Welch, Peter [D-VT], Rep. Cooper, Jim [D-TN-5], Rep. Crist, Charlie [D-FL-13], Rep. Hayes, Jahana [D-CT-5], Rep. Gomez, Jimmy [D-CA-34], Rep. Khanna, Ro [D-CA-17], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Pocan, Mark [D-WI-2], Rep. Carson, André [D-IN-7], Rep. Bowman, Jamaal [D-NY-16], Rep. Speier, Jackie [D-CA-14], Rep. Trone, David J. [D-MD-6], Rep. Porter, Katie [D-CA-47], Rep. Tonko, Paul [D-NY-20], Rep. Davis, Danny K. [D-IL-7], Rep. Raskin, Jamie [D-MD-8], Rep. Doggett, Lloyd [D-TX-37], Rep. Moulton, Seth [D-MA-6], Rep. Pappas, Chris [D-NH-1], Rep. Langevin, James R. [D-RI-2], Rep. Jones, Mondaire [D-NY-17], Rep. Kirkpatrick, Ann [D-AZ-2], Rep. Cicilline, David N. [D-RI-1], Rep. Scanlon, Mary Gay [D-PA-5], Rep. Johnson, Henry C. "Hank" [D-GA-4], Rep. Takano, Mark [D-CA-39], Rep. Lowenthal, Alan S. [D-CA-47], Rep. Sarbanes, John P. [D-MD-3], Rep. Levin, Andy [D-MI-9], Rep. Trahan, Lori [D-MA-3], Rep. Dean, Madeleine [D-PA-4], Rep. Wasserman Schultz, Debbie [D-FL-25], David Scott, Rep. Krishnamoorthi, Raja [D-IL-8]

Subjects

Discovery layer

Source updated

5 December 2025

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Summary

Stop shielding Assets from Corporate Known Liability by Eliminating non-debtor Releases Act or the SACKLER Act This bill prohibits a bankruptcy court from releasing claims against non-debtors brought by states, tribes, municipalities, or the federal government. However, the bankruptcy court may issue a stay not exceeding 90 days regarding such a claim. Complex bankruptcies may involve creditor claims against non-debtors associated with the debtor, such as the debtor's officers, directors, or employees. Currently, in carrying out a bankruptcy plan, certain courts may release non-debtors from liability (there is a circuit split regarding this practice).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 19 March 2021

    Introduced

    Referred to the House Committee on the Judiciary.

    Source: IntroReferral

  2. 19 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 19 March 2021

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 April 2021

    Introduced

    Sponsor introductory remarks on measure. (CR H1879)

    Source: IntroReferral

  5. 19 October 2021

    Referred

    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 19 March 2021

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  • Introduced in House (PDF)

    Introduced in House · EN · 19 March 2021

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  • Introduced in House

    summary · EN · 19 March 2021

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Sponsors

Showing 48 of 65 sponsors and actors.

Related records

Sources

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