H.R. 6349 (112th): Bankruptcy Administration Improvement Act of 2012

Introduced:
Aug 02, 2012 (112th Congress, 2011–2013)
Sponsor:
Rep. Dennis Ross [R-FL12]
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 August 2, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Aug 02, 2012
Referred to Committee Aug 02, 2012
Cosponsors
3 cosponsors (2R, 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 to increase the maximum amount that may be paid to trustees for services rendered; to repeal provisions relating the trustee administration of certain employee pension plans; and for other purposes.

Summary

No summaries available.

Text

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Last updated Aug 02, 2012.
4 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.

8/2/2012--Introduced.
Bankruptcy Administration Improvement Act of 2012 - Amends federal bankruptcy law to:
(1) round to the nearest $5 any Consumer Price Index (CPI) increase in the trustee fee for services rendered in a case under chapter 7 (Liquidation);
(2) increase that fee from $15 to $75; and
(3) authorize the court, in determining the amount of reasonable compensation to be awarded to a trustee under chapter 7, to treat such compensation as a commission.
Prohibits the waiver of the trustee fee if an individual debtor is able to pay in installments in chapter 7 cases.
Repeals the requirement that, when a trustee is not serving a chapter 7 case involving an employee benefit plan, the debtor continue to perform the obligations required of the plan administrator if at the time of the commencement of the case the debtor (or a designee entity) served as the administrator.
Repeals the duty of a trustee, in such a circumstance, to continue to perform such administrative obligations.

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.)