PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S7581)
Congressional Research Service
Version 00 · Introduced in Senate · Jul 30, 2002
Amends Federal bankruptcy law to increase from $4,650 to $13,500 the maximum amount of a claim to recover employee wages and benefits that has priority ranking among unsecured creditor claims.Authorizes the bankruptcy court to avoid any transfer of compensation paid to an employee, officer, or member of the board of directors of a debtor in the 90 days preceding the bankruptcy petition date if the court finds that the compensation is either out of the ordinary course of business, or that it constitutes unjust enrichment.
People & committees
Sen. Carnahan, Jean [D-MO] · D–MO
Legislative record
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Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S7581)
Sponsor introductory remarks on measure. (CR S7581)
Introduced in Senate
Primary sources
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Source last updated: Aug 10, 2026. Consult Congress.gov for the current record.
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