H.R. 339 (103rd): Secured Credit Availability Amendments of 1993

Introduced:
Jan 05, 1993 (103rd Congress, 1993–1994)
Sponsor:
Rep. William Sarpalius [D-TX13]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on January 5, 1993, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 05, 1993
Cosponsors
2 cosponsors (1R, 1D) (show)
Committees

House Judiciary

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend title 11 of the United States Code with respect to avoiding certain liens that impair exempt property.

Summary

No summaries available.

Text

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Last updated Jan 05, 1993.
2 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

1/5/1993--Introduced.
Secured Credit Availability Amendments of 1993 - Amends Federal bankruptcy law to preclude a debtor from avoiding a lien on certain property that would otherwise be exempt if: (1) the lien is a nonpossessory, nonpurchase-money security interest in specified trade-related property; and (2) State law prohibits the debtor from avoiding a lien on such otherwise exempt property.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)

  • Title 11: BANKRUPTCY
  • Chapter 5: CREDITORS, THE DEBTOR, AND THE ESTATE
  • Subchapter II: DEBTOR'S DUTIES AND BENEFITS
  • Section 522: Exemptions