LawLinter
Back to search
S 1863 - 100

A bill to amend the bankruptcy law to provide for special revenue bonds, and for other purposes.

Became Public Law No: 100-597.

Bill Text Stats

Bill text analysis is not available for this record yet.

Affected Sectors

How to read this

Sectors are deterministic matches from official Congress.gov data and cached bill text. They are source-derived signals, not conclusions about intent or economic effect.

Evidence matches count official fields, normalized subjects, cached text snippets, or extracted entities that matched the sector rules.

Impact is a bill-level rollup used for sorting and filtering. It is not an economic impact estimate.

Confidence is the strongest individual match score behind that sector.

Evidence snippets show why a sector matched and can repeat when Congress.gov repeats the same phrase across official fields.

Finance and banking
2 evidence matches
Impact 99% Confidence 90%

Finance and Financial Sector

A bill to amend the bankruptcy law to provide for special revenue bonds, and for other purposes. Became Public Law No: 100-597. Finance and Financial Sector

CBO Cost Estimates

Official Congressional Budget Office cost estimate links associated with this bill through Congress.gov records.

How to read this

CBO estimates are official source documents with their own assumptions, scope, and publication dates. They can score a bill, a version of a bill, or a broader legislative package.

LawLinter stores the source link from Congress.gov and does not replace the CBO document. Use these cards as pointers for source review, not as independent fiscal advice.

CBO context shows source-attributed Congressional Budget Office cost estimates linked from official Congress.gov bill records. It is research context only; read the official CBO source document for assumptions, scope, and dates.

No CBO cost estimate is currently linked for this bill.

Campaign Finance Context

Related FEC/OpenFEC campaign-finance records for lawmakers and candidates tied to this bill through source-attributed legislative relationships. These are not donations to the bill itself.

How to read this

Amounts shown here are campaign-finance totals for sponsor or cosponsor-linked candidates and their committees in the displayed FEC cycle.

They are not donations to this bill, spending on this bill, or proof that money influenced or caused sponsorship, cosponsorship, votes, or legislative outcomes.

If multiple linked lawmakers have FEC records, this section can show multiple candidate cards and separate sponsor/cosponsor rollups.

Campaign-finance context uses source-attributed FEC/OpenFEC records that are related or relevant to the displayed bill, lawmaker, candidate, committee, or legislative relationship through deterministic links. It is research context only, not proof of influence, causation, endorsement, or that money caused a sponsorship, vote, or legislative outcome.

No FEC/OpenFEC campaign-finance context is currently linked for this bill.

Lobbying Context

Related LDA.gov filings where public lobbying activity descriptions reference this bill. These records are source-attributed research context, not evidence of influence or causation.

How to read this

LDA filings are public lobbying disclosure records. LawLinter links them here only when the filing activity text contains an exact-looking reference to this bill.

A filing can mention many issues, clients, agencies, or bills. A match should be treated as a pointer for review, not as a conclusion about why legislation changed or how any lawmaker acted.

Lobbying context uses source-attributed LDA.gov records that appear related to this bill through bill references in public lobbying activity descriptions. It is research context only, not proof of influence, causation, endorsement, lobbying effectiveness, or legislative intent.

No LDA.gov lobbying disclosure context is currently linked for this bill.

Summary

36 Passed House amended Apr 3, 2004

(Measure passed House, amended) Amends Federal bankruptcy provisions relating to the adjustment of debts of a municipality to revise rules relating to the treatment of special revenue bonds. Treats as an administrative expense any claim against a debtor municipality if the debtor provides adequate protection of the interest of the holder of a claim secured by a lien on property of the debtor and if the creditor has a claim from a stay of action against such property. Specifies that the filing of a bankruptcy petition does not operate as a stay of application of pledged special revenues to payment of indebtedness secured by such revenues. Specifies that the transfer of property of the debtor to or for the benefit of any holder of a bond or note, on account of such bond or note, may not be avoided. Provides that the holder of a claim payable solely from special revenues of a debtor municipality under applicable nonbankruptcy law shall not be treated as having recourse against the debtor as an unsecured creditor. Provides that special revenues acquired by the debtor after the commencement of the case shall remain subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case. Specifies that any such lien on special revenues derived from a project or system shall be subject to the necessary operating expenses of such project or system. Specifies that a lease to a municipality shall not be treated as an executory contract or unexpired lease by reason of its being subject to termination in the event the debtor fails to appropriate rent.

00 Introduced in Senate Apr 3, 2004

Amends Federal bankruptcy provisions relating to the adjustment of debts of a municipality to revise rules relating to the treatment of special revenue bonds. Treats as an administrative expense any claim against a debtor municipality if the debtor provides adequate protection of the interest of the holder of a claim secured by a lien on property of the debtor and if the creditor has a claim from a stay of action against such property. Specifies that the filing of a bankruptcy petition does not operate as a stay of application of pledged special revenues to payment of indebtedness secured by such revenues. Provides that the holder of a claim payable solely from special revenues of a debtor municipality under applicable nonbankruptcy law shall not be treated as having recourse against the debtor as an unsecured creditor. Specifies that the transfer of property of the debtor to or for the benefit of any holder of a bond or note, on account of such bond or note, may not be avoided. Provides that special revenues acquired by the debtor after the commencement of the case shall remain subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case. Specifies that any such lien on special revenues derived from a project or system shall be subject to the necessary operating expenses of such project or system. Specifies that a lease to a municipality shall not be treated as an executory contract or unexpired lease by reason of its being subject to termination in the event the debtor fails to appropriate rent.

Sponsors

Timeline

Nov 3, 1988

Signed by President.

Nov 3, 1988

Signed by President.

Nov 3, 1988

Became Public Law No: 100-597.

Nov 3, 1988

Became Public Law No: 100-597.

Oct 27, 1988

Measure Signed in Senate.

Oct 27, 1988

Presented to President.

Oct 27, 1988

Presented to President.

Oct 20, 1988

Message on House action received in Senate and held at desk: House amendment to Senate bill.

Oct 20, 1988

Resolving differences -- Senate actions: Senate agreed to the House amendment by Voice Vote.

Oct 20, 1988

Senate agreed to the House amendment by Voice Vote.

Oct 19, 1988

Called up by House Under Suspension of Rules.

Oct 19, 1988

Passed/agreed to in House: Passed House (Amended) by Voice Vote.

Oct 19, 1988

Passed House (Amended) by Voice Vote.

Sep 27, 1988

Referred to Subcommittee on Monopolies and Commercial Law.

Sep 23, 1988

Message on Senate action sent to the House.

Sep 23, 1988

Referred to House Committee on The Judiciary.

Sep 20, 1988

Star Print ordered Senate report 100-506.

Sep 20, 1988

Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote.

Sep 20, 1988

Passed Senate with an amendment by Voice Vote.

Sep 14, 1988

Committee on Judiciary. Reported to Senate by Senator Biden with an amendment. With written report No. 100-506.

Sep 14, 1988

Committee on Judiciary. Reported to Senate by Senator Biden with an amendment. With written report No. 100-506.

Sep 14, 1988

Placed on Senate Legislative Calendar under General Orders. Calendar No. 930.

Aug 10, 1988

Committee on Judiciary. Ordered to be reported with an amendment favorably.

Aug 9, 1988

Subcommittee on Courts and Administrative Practice. Approved for full committee consideration with an amendment favorably.

Jun 10, 1988

Subcommittee on Courts and Administrative Practice. Hearings held.

Nov 23, 1987

Referred to Subcommittee on Courts and Administrative Practice.

Nov 12, 1987

Introduced in Senate

Nov 12, 1987

Read twice and referred to the Committee on Judiciary.

House Votes

No House roll call votes have been linked to this bill yet.

Amendments

No amendment records are currently available for this bill.
Compiled bill record. Bill pages combine Congress.gov source payloads, normalized relationships, cached text analysis, vote links, and deterministic sector/signal extraction. This is not an official government record or legal advice; use the official source link when accuracy matters.
DisclaimerReport issue