To amend title 11 of the United States Code to include firearms in the types of property allowable under the alternative provision for exempting property from the estate.
Current Legislation
House - Introduced Bills
June 10, 2010
Description:
Provides a number of provisions governing liability in response to the BP oil spill, including amending the Bankruptcy Code to prohibit a trustee in bankruptcy from selling or leasing, except in the ordinary course of business, any property of the estate of a debtor that is liable for a claim arising from an incident under the Oil Pollution Act of 1990, to a purchaser (together with any affiliate) in an aggregate dollar amount exceeding a specified amount under the Clayton Act unless: (1) the purchaser (and affiliate) agree as a condition of the sale to pay the amount of allowed unsecured claims arising from the incident not paid by the debtor\; or (2) all classes of unsecured claims approve the sale of such assets.
April 15, 2010
Description:
To amend title 11 of the United States Code to modify the dischargeability of debts for certain educational payments and loans.
April 15, 2010
Description:
To amend the Securities Investor Protection Act of 1970 to provide insurance coverage for certain indirect investors caught in Ponzi schemes, and for other purposes.
March 25, 2010
Description:
To provide for improvements to the administration of bankruptcy in cases under chapter 7 of title 11 of the United States Code.
March 18, 2010
Description:
Establishes requirements and disclosures for covered bonds.
March 2, 2010
Description:
To clarify the situations in which a corporation may be treated as a person under Federal law.
February 24, 2010
Description:
Amends the Bankruptcy Code to provide further protections for employees and retirees in business bankruptcy cases.
February 3, 2010
Description:
To require the Inspector General of the Federal Housing Finance Agency to submit quarterly reports to the Congress during the conservatorship of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation.
January 26, 2010
Description:
To authorize the appointment of additional bankruptcy judges, and for other purposes.
December 10, 2009
Description:
To amend the Employee Retirement Income Security Act of 1974 and title 11, United States Code, to provide necessary reforms for employee pension benefit plans.
December 2, 2009
Description:
To provide for financial regulatory reform, to protect consumers and investors, to enhance Federal understanding of insurance issues, to regulate the over-the-counter derivatives markets, and for other purposes.
November 3, 2009
Description:
To improve financial stability, and for other purposes. (Also referred to as the 'Credit Risk Retention Act of 2009,' 'Payment, Clearing, and Settlement Supervision Act of 2009,' and 'Resolution Authority for Large, Interconnected Financial Companies Act of 2009.'
October 29, 2009
Description:
To amend the Bank Holding Company Act of 1956 to require the Board of Governors of the Federal Reserve System to take prompt corrective action to resolve problems of bank holding companies.
October 21, 2009
Description:
To amend the Securities Exchange Act of 1934 to enhance oversight of nationally recognized statistical rating organizations, and for other purposes.
October 15, 2009
Description:
To provide the Securities and Exchange Commission with additional authorities to protect investors from violations of the securities laws, and for other purposes.
October 15, 2009
Description:
To amend the Investment Advisers Act of 1940 to require advisers of certain unregistered investment companies to register with and provide information to the Securities and Exchange Commission, and for other purposes.
September 24, 2009
Description:
To amend the Credit Card Accountability Responsibility and Disclosure Act of 2009 to establish an earlier effective date for various consumer protections, and for other purposes.
July 23, 2009
Description:
Amends the Judicial Code to prescribe the venue for cases involving non-bank financial institutions. Amends federal bankruptcy law to prescribe procedures for the adjustment of the debts of a non-bank financial institution.
July 21, 2009
Description:
To amend the Securities Exchange Act of 1934 to provide shareholders with an advisory vote on executive compensation and to prevent perverse incentives in the compensation practices of financial institutions.
July 9, 2009
Description:
To require the Secretary of Agriculture to use section 32 of the Act of August 24, 1935, to provide compensation to certain poultry producers whose poultry production contracts were terminated or not renewed because of the closure of poultry processing plants and other cost cutting measures undertaken by a poultry processing company in bankruptcy protection.
July 8, 2009
Description:
To establish the Consumer Financial Protection Agency, and for other purposes.
June 26, 2009
Description:
To use amounts made available under the Troubled Assets Relief Program of the Secretary of the Treasury for relief for homeowners and neighborhoods.
June 10, 2009
Description:
To require a report to the Congress from the Presidential Task Force on the Auto Industry regarding closings of vehicle dealerships in connection with the bankruptcies of Chrysler Corporation and General Motors Corporation, and to suspend imposition of withdrawal liability to multiemployer plans in connection with the closing of such dealerships (and to suspend the requirement for payment of existing withdrawal liability in connection with such closings) until 60 days after submission of such report.
June 8, 2009
Description:
To restore the economic rights of automobile dealers, and for other purposes.
June 8, 2009
Description:
To restore the economic rights of automobile dealers, and for other purposes.
May 14, 2009
Description:
To amend the Internal Revenue Code of 1986 to exclude from gross income discharges of personal indebtedness outside of bankruptcy.
April 30, 2009
Description:
To amend the Truth in Lending Act to require creditors to report the terms and conditions of all business, marketing, promotional agreements and college affinity card agreements with institutions of higher education and alumni organizations, and for other purposes.
April 21, 2009
Description:
To amend the Truth in Lending Act to prevent certain unfair practices by credit card issuers, and for other purposes.
April 2, 2009
Description:
To amend title 11, and for other purposes.
April 2, 2009
Description:
To amend the Truth in Lending Act to provide safeguards for credit card holders whose accounts were, or are about to be, terminated for inactivity, and for other purposes.
March 30, 2009
Description:
To amend title 18, United States Code, with respect to money laundering.
March 26, 2009
Description:
To amend title 18, United States Code, to enhance the investigation and prosecution of mortgage fraud and financial institution fraud, and for other purposes.
March 26, 2009
Description:
To amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to provide certain minimum standards for consumer mortgage loans, and for other purposes.
March 19, 2009
Description:
To amend the Emergency Economic Stabilization Act of 2008 to limit the annual percentage rate of interest that may be charged by recipients of financial assistance under such Act with respect to consumer credit card accounts, and for other purposes.
March 17, 2009
Description:
To authorize the Attorney General to limit or recover excessive compensation paid or payable by entities that have received Federal financial assistance on or after September 1, 2008.
March 12, 2009
Description:
To amend the Fair Credit Reporting Act with respect to requirements relating to information contained in consumer reports, and for other purposes.
March 12, 2009
Description:
To extend the protections of the Truth in Lending Act to overdraft protection programs and services provided by depository institutions, to require customer consent before a depository institution may initiate overdraft protection services and fees, to enhance the information made available to consumers relating to overdraft protection services and fees, to prohibit systematic manipulation in the posting of checks and other debits to a depository account for the purpose of generating overdraft protection fees, and for other purposes.
March 5, 2009
Description:
To prevent mortgage foreclosures and enhance mortgage credit availability.
March 5, 2009
Description:
To amend the Internal Revenue Code of 1986 to suspend the 180-day period for completion of a like-kind exchange in the case of the bankruptcy of a qualified intermediary or an exchange accommodation titleholder.
February 21, 2009
Description:
To amend chapter 1 of title 9 of United States Code with respect to arbitration.
February 4, 2009
Description:
To amend title 11 of the United States Code to provide protection for medical debt homeowners, to restore bankruptcy protections for individuals experiencing economic distress as caregivers to ill or disabled family members, and to exempt from means testing debtors whose financial problems were caused by serious medical problems.
January 27, 2009
Description:
To amend title I of the Employee Retirement Income Security Act of 1974 to require in the annual report of each defined benefit pension plan disclosure of plan investments in hedge funds.
January 14, 2009
Description:
To amend the Truth in Lending Act to permit deferrals on certain home mortgage foreclosures for a limited period to allow homeowners to take remedial action, to require home mortgage servicers to provide advance notice of any upcoming reset of the mortgage interest rate, and for other purposes.
January 13, 2009
Description:
To reform the Troubled Assets Relief Program of the Secretary of the Treasury by establishing the Family Foreclosure Rescue Corporation modeled on the successful Home Owner's Loan Corporation, and to purchase and insure home mortgage loans for the purposes of providing relief to homeowners, restoring stability to the financial system, preventing further harm to the economy, and protecting taxpayers.
January 9, 2009
Description:
To reform the Troubled Assets Relief Program of the Secretary of the Treasury and ensure accountability under such Program.
January 8, 2009
Description:
To amend title 11, United States Code, to establish a priority for the payment of claims for duties paid to the United States by licensed customs brokers and sureties on behalf of a debtor.
January 7, 2009
Description:
To amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes.
January 6, 2009
Description:
To amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes.
January 6, 2009
Description:
To establish a systematic mortgage modification program at the Federal Deposit Insurance Corporation, and for other purposes.
January 6, 2009
Description:
To establish a systematic mortgage modification program at the Federal Deposit Insurance Corporation, and for other purposes.
Senate - Introduced Bills
September 23, 2010
Description:
Makes technical corrections to federal bankruptcy law, relating to amendments made by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, with respect to: (1) the power of the court\; (2) waiver of sovereign immunity\; (3) public access to papers\; (4) who may be a debtor\; (5) penalties for fraudulent or negligent preparation of bankruptcy petitions\; (6) debtor reporting requirements\; (7) automatic stay\; (8) case administration\; (9) determination of tax liability\; (10) priorities of creditors and claims\; (11) debtor's duties\; (12) exceptions to a discharge\; (13) restrictions on debt relief agencies\; (14) property of the estate\; (15) abandonment of property of the estate\; (16) treatment of certain liens\; and (17) conversion or dismissal.
Makes technical corrections to the federal criminal code relating to bankruptcy fraud.
Makes technical corrections to the federal judicial code relating to appeals and to bankruptcy statistics.
July 27, 2010
Description:
To amend chapter 11 of title 11, United States Code, to address reorganization of small businesses.
April 29, 2010
Description:
Financial regulatory overhaul package providing a number of new requirements, disclosures and regulatory oversight.
April 15, 2010
Description:
To amend title 11, United States Code, with respect to certain exceptions to discharge in bankruptcy.
March 23, 2010
Description:
To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 to allow time for pensions to fund benefit obligations in light of economic circumstances in the financial markets of 2008, and for other purposes.
February 24, 2010
Description:
Amends the Bankruptcy Code to provide further protections for employees and retirees in business bankruptcy cases.
October 26, 2009
Description:
A bill to establish a moratorium on credit card interest rate increases, and for other purposes.
October 19, 2009
Description:
A bill to amend the Truth in Lending Act, to establish fair and transparent practices related to the marketing and provision of overdraft coverage programs at depository institutions, and for other purposes.
September 30, 2009
Description:
A bill to require certain mortgagees to make loan modifications, to establish a grant program for State and local government mediation programs, to create databases on foreclosures, and for other purposes.
August 6, 2009
Description:
To amend title 11 of the United States Code, to provide protection for medical debt homeowners, to restore bankruptcy protections for individuals experiencing economic distress as caregivers to ill, injured, or disabled family members, and to exempt from means testing debtors whose financial problems were caused by serious medical problems, and for other purposes.
June 18, 2009
Description:
To restore the economic rights of automobile dealers, and for other purposes.
June 11, 2009
Description:
To address reimbursement of certain costs to automobile dealers.
June 9, 2009
Description:
A bill to amend the antitrust laws to ensure competitive market-based fees and terms for merchants' access to electronic payment systems.
June 4, 2009
Description:
To amend the antitrust laws to ensure competitive market-based rates and terms for merchants' access to electronic payment systems.
May 22, 2009
Description:
H.R. 627, which was signed into law on May 22, 2009, becoming P.L. 111-24. To amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes.
May 20, 2009
Description:
S. 896 was signed into law on May 20, 2009, becoming P.L. 111-22. A bill to prevent mortgage foreclosures and enhance mortgage credit availability.
April 29, 2009
Description:
A bill to amend title 9 of the United States Code with respect to arbitration.
April 27, 2009
Description:
A bill to require the establishment of a credit card safety star rating system for the benefit of consumers, and for other purposes.
April 26, 2009
Description:
Provides stronger and new protections for investors in the wake of the Madoff fraud.
April 24, 2009
Description:
A bill to prevent mortgage foreclosures and enhance mortgage credit availability.
April 21, 2009
Description:
To repeal the sunset of certain enhancements of protections of servicemembers relating to mortgages and mortgage foreclosures, to amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to pay mortgage holders unpaid balances on housing loans guaranteed by Department of Veterans Affairs, and for other purposes.
March 10, 2009
Description:
A bill to create a Financial Product Safety Commission, to provide consumers with stronger protections and better information in connection with consumer financial products, and to give providers of consumer financial products more regulatory certainty.
February 26, 2009
Description:
A bill to amend the Truth in Lending Act to establish a national usury rate for consumer credit transactions.
February 12, 2009
Description:
To establish the Temporary Economic Recovery Adjustment Panel to curb excessive executive compensation at firms receiving emergency economic assistance.
February 11, 2009
Description:
A bill to amend the Consumer Credit Protection Act, to ban abusive credit practices, enhance consumer disclosures, protect underage consumers, and for other purposes.
February 9, 2009
Description:
To amend the Truth in Lending Act to prohibit universal defaults on credit card accounts, and for other purposes.
February 6, 2009
Description:
To protect consumers, and especially young consumers, from skyrocketing credit card debt, unfair credit card practices, and deceptive credit offers.
February 5, 2009
Description:
S. 386 was incorporated into P.L. 111-21, which was signed into law on May 20, 2009. A bill to improve enforcement of mortgage fraud, securities fraud, financial institution fraud, and other frauds related to federal assistance and relief programs, for the recovery of funds lost to these frauds, and for other purposes.
February 4, 2009
Description:
To provide rules for the modification or disposition of certain assets by real estate mortgage investment conduits pursuant to division A of the Emergency Economic Stabilization Act of 2008, and for other purposes.
January 29, 2009
Description:
To require hedge funds to register with the Securities and Exchange Commission, and for other purposes.
January 15, 2009
Description:
A bill to amend title 11, United States Code, to disallow certain claims resulting from high cost credit debts, and for other purposes.
January 15, 2009
Description:
A bill to amend the Truth in Lending Act to establish fair and transparent practices relating to the extension of credit under an open end consumer credit plan, and for other purposes.
January 15, 2009
Description:
To amend title 11, United States Code, to disallow certain claims resulting from high cost credit debts, and for other purposes.
January 15, 2009
Description:
A bill to amend the Truth in Lending Act to empower the States to set the maximum annual percentage rates applicable to consumer credit transactions, and for other purposes.
January 14, 2009
Description:
A bill to amend the Truth in Lending Act to permit deferrals on certain home mortgage foreclosures for a limited period to allow homeowners to take remedial action, to require home mortgage servicers to provide advance notice of any upcoming reset of the mortgage interest rate, and for other purposes
January 7, 2009
Description:
A bill to amend the Truth in Lending Act, to prevent credit card issuers from taking unfair advantage of college students and their parents, and for other purposes. (Bill text forthcoming).
January 6, 2009
Description:
To establish a systematic mortgage modification program at the Federal Deposit Insurance Corporation, and for other purposes.
January 6, 2009
Description:
A bill to protect the property and security of homeowners who are subject to foreclosure proceedings, and for other purposes.
January 6, 2009
Description:
A bill to amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes
January 6, 2009
Description:
To amend the Truth in Lending Act to provide for enhanced disclosure under an open end credit plan.