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United States · Bill · S

S. 420 (107th)

Bankruptcy Reform Act of 2001

openUnited States· United States Congress· EN

Introduced

1 March 2001

Last action

17 July 2001 · Floor

Status

See also H.R. 333.

Sponsors

Sen. Grassley, Chuck [R-IA], Sen. Torricelli, Robert G. [D-NJ], Sen. Biden, Joseph R., Jr. [D-DE], Sen. Hatch, Orrin G. [R-UT], Sen. Sessions, Jeff [R-AL], Sen. Carper, Thomas R. [D-DE], Sen. Johnson, Tim [D-SD], Sen. Nelson, Ben [D-NE]

Subjects

Healthcare, Taxation, Education

Source updated

10 August 2026

Healthcare · Taxation · Education

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Summary

Bankruptcy Reform Act of 2001 - Amends Federal bankruptcy law governing: (1) conversion of bankruptcy petitions; (2) abusive creditor practices; (3) debt reaffirmation and credit counseling; (4) domestic support obligations; (5) personal injury claims resulting from drug or alcohol-impaired operation of a motor vehicle or vessel; (6) Federal criminal law enforcement regarding abusive reaffirmations of debt; (7) fraudulent bankruptcy schedules; (8) education and retirement benefits; (9) privacy protection of debtor's nonpublic personal information; and (10) nondischargeability of debts resulting from civil restitution or damages for debtor's willful or malicious injury that caused personal injury or death of an individual, or violations of laws relating to the provision of lawful goods and services. Prescribes guidelines regarding: (1) discouragement of bankruptcy abuse; (2) general and small business bankruptcy; (3) bankruptcy data dissemination and bankruptcy tax provisions; (4) incorporation into the bankruptcy code of the Model Law on Cross-Border Insolvency; and (5) financial contracts and transfers entered into with an insolvent insured depository institution before its conservatorship or receivership (including securities broker/commodity broker liquidation). Reenacts Chapter 12, Adjustment of Debts of a Family Farmer with Regular Annual Income. Prescribes guidelines for insolvent health care businesses and attendant patients' rights. Mandates appointments and extensions for certain additional temporary bankruptcy judgeships. Prescribes additional consumer credit disclosures.

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

Timeline

  1. 28 February 2001

    Reported

    Committee on the Judiciary ordered to be reported an original measure.

    Source: Committee

  2. 1 March 2001

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 16.

    Source: Calendars

  3. 1 March 2001

    Reported

    Committee on the Judiciary. Original measure reported to Senate by Senator Grassley. Without written report.

    Source: Committee

  4. 1 March 2001

    Reported

    Committee on the Judiciary. Original measure reported to Senate by Senator Grassley. Without written report.

    Source: Committee

  5. 1 March 2001

    Introduced

    Introduced in Senate

    Source: IntroReferral

  6. 5 March 2001

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

  7. 7 March 2001

    Floor

    Considered by Senate. (consideration: CR S1925-1962)

    Source: Floor

  8. 8 March 2001

    Floor

    Considered by Senate. (consideration: CR S2018-2054)

    Source: Floor

  9. 9 March 2001

    Floor

    Considered by Senate. (consideration: CR S2105-2013)

    Source: Floor

  10. 12 March 2001

    Floor

    Considered by Senate. (consideration: CR S2142-2159)

    Source: Floor

  11. 13 March 2001

    Floor

    Considered by Senate. (consideration: CR S2172-2180, S2184-2214)

    Source: Floor

  12. 14 March 2001

    Floor

    Considered by Senate. (consideration: CR S2273-2297, S2299-2300)

    Source: Floor

  13. 15 March 2001

    Vote

    Passed/agreed to in Senate: Passed Senate with amendments by Yea-Nay Vote. 83 - 15. Record Vote Number: 36.(text as passed Senate: 3/19/2001 CR S2480-2530)

    Source: Floor

  14. 15 March 2001

    Floor

    Considered by Senate. (consideration: CR S2324-2339, S2343-2379)

    Source: Floor

  15. 20 March 2001

    Floor

    Held at the desk.

    Source: Floor

  16. 20 March 2001

    Floor

    Received in the House.

    Source: Floor

  17. 20 March 2001

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  18. 17 July 2001

    Floor

    See also H.R. 333.

    Source: Floor

Votes

15 March 2001 · Bill Passed · On Passage of the Bill S. 420 · Bill Passed · Official source

Yes 83 · No 15 · Abstain — · Absent/not voting 1

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

7 official files

Engrossed in Senate (text)

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  • Engrossed in Senate (text)

    Engrossed in Senate · EN · 15 March 2001

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  • Engrossed in Senate (PDF)

    Engrossed in Senate · EN · 15 March 2001

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  • Passed Senate amended

    summary · EN · 15 March 2001

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 1 March 2001

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  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 1 March 2001

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  • Reported to Senate without amendment

    summary · EN · 1 March 2001

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  • Introduced in Senate

    summary · EN · 1 March 2001

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Sponsors

Related records

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Sources

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