LEXIS-NEXIS® Congressional Universe-Document

LEXIS-NEXIS® Congressional

2000 CIS H 521129

TITLE: Bankruptcy Reform Act of 1999 (Part III)

CIS-NO: 2000-H521-129
SOURCE: Committee on the Judiciary. House
DOC-TYPE: Hearing Retrieve the full text of testimony
DATE: Mar. 18, 1999
LENGTH: iv+217 p.
CONG-SESS: 106-1
ITEM-NO: 1020-A; 1020-B
SUDOC: Y4.J89/1:106/10/PT.3
CIS DOCUMENT ON DEMAND: 1-800-227-2477 (Full Text Reproductions)

SUMMARY:
Committee Serial No. 10. Continuation of hearings before the Subcom on Commercial and Administrative Law to consider H.R. 833, the Bankruptcy Reform Act of 1999, to amend the Federal Deposit Insurance Act and other acts to revise laws governing individual and corporate bankruptcy.

Supplementary material (p. 132-136, 198-200, 205-217) includes submitted statements and correspondence.

CONTENT-NOTATION: Bankruptcy laws applicable to individual and corporate debtors, revision

BILLS: 106 H.R. 833

DESCRIPTORS:
    BANKRUPTCY; CONSUMERS; PERSONAL DEBT; CORPORATIONS; BANKRUPTCY REFORM ACT; FEDERAL DEPOSIT INSURANCE ACT

00-H521-129 TESTIMONY NO: 1     Mar. 18, 1999 p. 2-13

WITNESSES (and witness notations):
   LEACH, JIM (Rep, R-Iowa)
   ROUKEMA, MARGE (Rep, R-NJ)

STATEMENTS AND DISCUSSION:
   Views on bankruptcy reform issues.

CONTENT NOTATION:
   Bankruptcy laws applicable to individual and corporate debtors, revision

00-H521-129 TESTIMONY NO: 2     Mar. 18, 1999 p. 14-47

WITNESSES (and witness notations):
   STRAUSS, PHILIP L. (Assistant District Attorney, Family Support Bureau, Office of the District Attorney, San Francisco, Calif.; representing California District Attorneys' Association and California Family Support Council)
   ENTMACHER, JOAN (Vice President and Director, Family Economic Center, National Women's Law Center)
   SAPERSTEIN, STEPHANIE M. (Assistant Attorney General, Office of the Utah Attorney General; representing National Association of Attorneys General)
   GROSS, KAREN (Professor, Law, New York Law School)

STATEMENTS AND DISCUSSION:
   Implications of H.R. 833 for collection of child support when a support debtor files for bankruptcy; implications of bill for single mothers who file for bankruptcy or who are owed child support by someone who files for bankruptcy; review of H.R. 833 provisions impacting women and children, focusing on areas of concern.

CONTENT NOTATION:
   Bankruptcy laws applicable to individual and corporate debtors, revision

TESTIMONY DESCRIPTORS:
   CALIFORNIA DISTRICT ATTORNEYS' ASSOCIATION; WOMEN; FAMILIES; CHILD SUPPORT; CHILDREN

00-H521-129 TESTIMONY NO: 3     Mar. 18, 1999 p. 51-132, 136-139

WITNESSES (and witness notations):
   CARLSON, THOMAS (U.S. Bankruptcy Judge, Northern District of California)
   SCHORLING, WILLIAM H. (Chair, Business Bankruptcy Committee, Business Law Section, ABA)
   BAIRD, H. ELIZABETH (Assistant General Counsel, Bank of America Corp)
   TATELBAUM, CHARLES M. (attorney, representing National Association of Credit Management)
   MILLER, JUDITH G. (Co-Chair, Legislative Committee, Bankruptcy and Insolvency Section, Commercial Law League)
   SILVERS, DAMON A. (Associate General Counsel, AFL-CIO)
   GLOVER, JERE W. (Chief Counsel, Office of Advocacy, SBA)
   BERGMEYER, HARLEY D. (Chairman, President, and CEO, Saline State Bank, Wilbur, Nebr.; representing American Bankers Association)

STATEMENTS AND DISCUSSION:
   Views on H.R. 833 provisions impacting small business (related amendments, p. 56-67; graphs and chart, p. 116-122); recommendations to improve bill; analysis of and recommendations regarding H.R. 833 commercial bankruptcy provisions.
   Feared adverse impact of H.R. 833 on individuals and businesses in need of bankruptcy relief; implication of bill for agricultural banking and family farmers.

CONTENT NOTATION:
   Bankruptcy laws applicable to individual and corporate debtors, revision

TESTIMONY DESCRIPTORS:
   AMERICAN BAR ASSOCIATION; SMALL BUSINESS ADMINISTRATION; GOVERNMENT AND BUSINESS; STATISTICAL DATA: INDUSTRY AND COMMERCE; FARMS AND FARMERS; AGRICULTURAL CREDIT; BANKS AND BANKING; SMALL BUSINESS

00-H521-129 TESTIMONY NO: 4     Mar. 18, 1999 p. 141-197, 200-204

WITNESSES (and witness notations):
   VALDES, RAY (Tax Collector, Seminole County, Fla.; representing National Association of County Treasurers and Finance Officers, National Association of County Officials, and National League of Cities)
   HARRIS, DON (Special Assistant to the Attorney General, New Mexico; representing States' Association of Bankruptcy Attorneys)
   ASOFSKY, PAUL H. (Chair, Task Force on the Tax Recommendations of the National Bankruptcy Review Commission, ABA Section of Taxation)
   BROZMAN, TINA (Chief U.S. Bankruptcy Judge, Southern District of New York)
   IRELAND, OLIVER (Associate General Counsel, Federal Reserve Board)
   PICKER, RANDAL C. (Professor, Commercial Law, University of Chicago; representing National Bankruptcy Conference)
   GROSSHANDLER, SETH
   PEIFFER, JOSEPH (both attorneys)

STATEMENTS AND DISCUSSION:
   Perspectives on H.R. 833 tax provisions; need to revise bill to address municipal finance concerns; opinions on various H.R. 833 provisions, including provisions governing treatment of financial market transactions in bankruptcy cases; recommendations to revise H.R. 833 to address financial market risk concerns.

INSERTION:
   -- Valdes, R., "Local Governments Recommendations for Reform of the U.S. Bankruptcy Code" final revision, Aug. 3, 1998 (p. 147-158).

CONTENT NOTATION:
   Bankruptcy laws applicable to individual and corporate debtors, revision

TESTIMONY DESCRIPTORS:
   AMERICAN BAR ASSOCIATION SECTION OF TAXATION; TAXATION; FINANCE; LOCAL GOVERNMENT; FEDERAL RESERVE BOARD; MUNICIPAL FINANCE

LOAD-DATE: July 6, 2001