H.R. 4493 (103rd): Abolition of Bankruptcy Havens Amendments of 1994

May 25, 1994 (103rd Congress, 1993–1994)
Died (Referred to Committee)
David Mann
Representative for Ohio's 1st congressional district
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Last Updated
May 25, 1994
2 pages

This bill was introduced on May 25, 1994, in a previous session of Congress, but was not enacted.

Introduced May 25, 1994
Referred to Committee May 25, 1994
Full Title

To amend title 11 of the United States Code to limit the value of certain real and personal property that the debtor may elect to exempt under State or local law.


No summaries available.

2 cosponsors (2D) (show)

House Judiciary

Regulatory Reform, Commercial, and Antitrust Law

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Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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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.

Abolition of Bankruptcy Havens Amendments of 1994 - Amends Federal bankruptcy law to provide that as a result of electing to exempt property that is exempt under State or local law, an individual debtor may not exempt an aggregate interest of more than $50,000 in real or personal property: (1) used as the debtor's (or a dependents') residence; (2) in a cooperative that owns property used by the debtor (or a dependent) as a residence; or (3) in a burial plot for the debtor (or a dependent).

House Republican Conference Summary

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House Democratic Caucus Summary

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