Bankruptcy Venue Reform Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Bankruptcy Venue Reform Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Criminal Justice, Government Operations.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HE8848B81D02C4A278C4FBCEC1E81399D: 1. Short title This Act may be cited as the Bankruptcy Venue Reform Act.
- Section H6A7EB1C375B04B8CAE4502535898DEE1: 2. Findings and purpose Congress finds that— bankruptcy law provides a number of venue options for filing bankruptcy under chapter 11 of title 11, United...
- Section H31A8F787FFDA45C69EFE97BA3508B41B: 3. Venue of cases under title 11 Title 28, United States Code, is amended— by striking section 1408 and inserting the following: 1408.Venue of cases under...
- Section H96273574D10C4B478820232D4EE83121: 1408. Venue of cases under title 11 Except as provided in paragraph (2), for the purposes of this section, if an entity is subject to the reporting...
- Section H477F1CB44CC54D31AF0C557FD663D63A: 1412. Change of venue Notwithstanding that a case or proceeding under title 11, or arising in or related to a case under title 11, is filed in the correct...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Bankruptcy Venue Reform Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Criminal Justice, Government Operations
Primary Purpose
This bill, Bankruptcy Venue Reform Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Zoe Lofgren
D-CA | Primary Sponsor
Legislative Progress
In CommitteeReferred to the House Committee on the Judiciary.
Introduced in House
Ms. Lofgren (for herself and Mr. Cline) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology