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Aircraft Equipment Settlement Leases Act of 1993

Became Public Law No: 103-7.

Official summary

Version 35 · Passed Senate amended · Mar 11, 1993

Aircraft Equipment Settlement Leases Act of 1993 - Treats certain pension liability settlement leases involving aircraft equipment (or vessels) as leases for purposes of the Federal bankruptcy code if any agreements settling such liability: (1) involve at least one party who was a debtor under the code; (2) were, are, or will be made with the Pension Benefit Guaranty Corporation under the Employee Retirement Income Security Act of 1974 (ERISA); and (3) stipulate that the leases shall be so treated.

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Who introduced it

Sen. Jeffords, James M. [R-VT] · R–VT

Committees

  • Health, Education, Labor, and Pensions Committee
1 cosponsorship records, including any withdrawals

Actions

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  1. Became Public Law No: 103-7.

  2. Became Public Law No: 103-7.

  3. Signed by President.

  4. Signed by President.

  5. Presented to President.

  6. Presented to President.

  7. A similar measure H.R. 1140 was laid on the table without objection.

  8. Motion to reconsider laid on the table Agreed to without objection.

  9. On passage Passed without objection.

  10. Passed/agreed to in House: On passage Passed without objection.

  11. Mr. Brooks asked unanimous consent to take from the Speaker's table and consider.

  12. Considered by unanimous consent. (consideration: CR H1255)

  13. Message on Senate action sent to the House.

  14. Held at the desk.

  15. Received in the House.

  16. Passed Senate with an amendment by Voice Vote.

  17. Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.

  18. Measure laid before Senate by unanimous consent. (consideration: CR S2775)

  19. Senate Committee on Labor and Human Resources discharged by Unanimous Consent.

  20. Senate Committee on Labor and Human Resources discharged by Unanimous Consent.

  21. Read twice and referred to the Committee on Labor and Human Resources.

  22. Sponsor introductory remarks on measure. (CR S1897)

  23. Introduced in Senate

Bill text & related measures

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Related bills identified by Congress.gov

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Source last updated: Apr 21, 2025. Consult Congress.gov for the current record.

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Objective

Analyze S.400 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

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Institutions and government scope

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Individual rights and government power

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