Floor Amendments to
S. 420, PASSED AND DEFEATED (March 2001)
Title Description Vote Result
|
Priority for Small
Business Creditors. Amendment #13 (Leahy) |
Provides small
business creditors (those with fewer than 25 employees) would receive a
priority over other non-priority creditors |
Defeated 58-41-1 (March 7) |
|
To exempt those
with medical debts from the provisions of the bill. Amendment
#14 (Wellstone) |
The bill’s terms
do not apply if a count determines that the filing resulted from medical
debts |
Defeated 34-65-1 (March 7) |
|
Predatory
Lending. Amendment #17 (Durbin) |
Provides for
claim disallowance where a lender has violated the Truth in Lending Act |
Defeated 50-49-1 (March 8) |
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Involuntary
Cases. Amendment #15 (Baucus) |
|
|
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Family Fishermen. Amendment #16 (Collins) |
Permits chapter
12 provisions to apply to fishermen |
|
|
Study on
Reaffirmation. Amendment #18 (Reed) |
Calls for GAO
report to Congress within 1 year on the extent of reaffirmation practices |
|
|
(Leahy) |
Provides
bankruptcy relief for battered women who receive no support from their spouse |
Passed 56-43-1 (March 15) |
|
Definition of “current
monthly income.” Amendment #20 (Leahy) |
Would measure
debtor’s monthly income based on the 6-month period ending on the last day of
the calendar month before the filing |
|
|
Predatory
Lending. Amendment #25 (Schumer) |
Would prevent a
predatory lender from avoiding debts in bankruptcy |
Passed 55-44-1 |
|
(Kerry) |
Would strike the
entire small business title of the bill and replace it with a study of the
causes of small business bankruptcies and ways to improve the law based on
that study |
Defeated 55-41-1 (March 8) |
|
Credit Limit to
Minors. Amendment #27 (Feinstein) |
Limits the credit
that companies could extend to customers under age 21 without a parent’s
permission |
Defeated 55-42-1 (March 13) |
|
Home Heating
Assistance. Amendment #28 (Bingaman)
(non-germane) |
Increases funding
for LIHEAP program (Low Income Heating and Energy Assistance Program) |
Passed by Voice Vote |
|
Social Security and
Medicare Lockbox Act of 2001.
Amendment #29 (Conrad)
(non-germane) |
Creates a
“lockbox” for Medicare and Social Security trust fund surpluses; prohibits
surpluses from being used for other purposes. |
Defeated 53-47 (March 13) |
|
Republican Response to
Social Security and Medicare Lockbox Act of 2001. Amendment #32 (Sessions)
(non-germane) |
|
Defeated 52-48 (March 13) |
|
Employee Benefit Plan.
Amendment #35 (Wellstone) |
Clarifies the
duties of a debtor who is the plan administrator of an employee benefit plan |
|
|
(Wellstone) |
Prevents claims
in bankruptcy on high-cost credit transactions in which the annual interest
rate exceeds 100 percent |
Defeated 59-40-1 (March 14) |
|
Trade Adjustment Assistance.
Amendment #37 (Wellstone) |
Provides that
imports of semi-finished steel slabs be considered to be articles like or
directly competitive with taconite pellets for purposes of determining the
eligibility of certain workers for trade adjustment assistance under the
Trade Act of 1974 |
|
|
Amendment
#38 (Kennedy) |
Allows debtor's
monthly expenses to include an allowance to purchase a health insurance policy
for the debtor, dependents and spouse |
|
|
(Kennedy) |
Eliminates the $1
million cap on the amount of IRA retirement money that would be protected
from creditors in bankruptcy court |
Defeated 61-37-1 (March 13) |
|
Home Energy Costs and
Means Test. (Carnahan) |
To ensure that
expenses associated with home energy costs are included in debtor’s expenses |
|
|
Identity Disclosure of
Minor Children. (Leahy) |
Protects the
identity of minor children in bankruptcy proceedings |
Passed 99-0-1 (March 15) |
|
(Boxer) |
Raises to $750
the threshold for luxury good classifications |
Passed by Voice Vote (March 15) |
|
(Feingold) |
Strips language
allowing disgruntled U.S. investors in Lloyd's of London to ignore court
rulings to make good on losses related to asbestos and pollution cases as
well as earthquakes and hurricanes |
|
|
Homestead Exemption. Amendment #68 (Kohl) |
Makes it harder
for wealthy debtors to shield assets by purchasing expensive homes in states
that bar creditors from seizing the homes in bankruptcy auctions |
Passed by Voice Vote (March 15) Tabling Motion Defeated 39-60-1 |
|
(Wellstone) |
|
|
|
(Wellstone) |
Fixes means test
by looking at present and future income, not income over the past 6 months |
Defeated 77-22-1 (March 15) |
|
(Wellstone) |
Strikes 5-year
waiting period between chapter 13 filings |
Defeated 63-36-1 (March 15) |
|
(Wellstone) |
|
|
|
(Wellstone) |
Exempts any debtor who files bankruptcy because of job loss due to foreign trade |
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|
(Wellstone) |
|
|
|
(Dodd) |
Prevents
marketing of credit cards to those under 21 unless consumer provides parent
or guardian co-signature, independent means of financial support, or agrees
to complete a course in financial management |
Defeated 58-41-1 (March 13) |
|
(Wyden) |
Makes
nondischargeable energy debts away from power transfers from Pacific
northwest states to California power users |
Defeated 67-30-1 (March 14) |
|
Consumer Bankruptcy
Reform Act of 1998 Substitute. Amendment #93 (Durbin) |
Substitute bill
for the Consumer Section which would strike Title II and replace with a bill
that passed the Senate in 1998 |
Defeated 64-35-1 (March 14) |
|
(Smith) |
Modification of
Wyden amendment |
|
|
Manager’s
Amendment (Hatch/Leahy) |
Makes technical
corrections and other changes to S. 420 |
|
|
Amendment #105 (Leahy) |
|
Passed by Voice Vote (March 15) |