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H.R. 2533: Chapter 11 Bankruptcy Venue Reform Act of 2011

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H.R. 2533: Chapter 11 Bankruptcy Venue Reform Act of 2011

112th Congress · introduced 2011-07-14 · Finance and Financial Sector · Latest: Subcommittee Hearings Held.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2011-07-14 · official record
  2. Who proposed it: Rep. Smith, Lamar [R-TX-21] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Subcommittee Hearings Held. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Chapter 11 Bankruptcy Venue Reform Act of 2011

Plain summary

Chapter 11 Bankruptcy Venue Reform Act of 2011 - Amends the federal judicial code to require chapter 11 (Reorganization) bankruptcy cases filed by corporations to be commenced in the district court for the district in which: (1) the corporation's principal place of business or principal assets in the United States have been located for one year immediately preceding such commencement, or for a longer portion of such one-year period than such corporation's U.S. principal place of business or principal assets were located in any other district; or (2) an affiliate of such corporation has a liquidation case pending, if the affiliate owns, controls, or holds with power to vote over 50% of the outstanding voting securities of such corporation. Applies such venue requirements only to cases commenced on or after enactment of this Act.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Chapter 11 Bankruptcy Venue Reform Act of 2011

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Smith, Lamar [R-TX-21] · 3 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Steve Cohen (D-TN)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong112-hr2533 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112