H.R. 4193: Bankruptcy Venue Reform Act of 2021

117th Congress · introduced 2021-06-28 · Law · Latest: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

federal

Follow this bill, step by step

Where it came from: introduced 2021-06-28 · official record
Who proposed it: Rep. Lofgren, Zoe [D-CA-19] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. Not final yet: this can still change. We check for updates every day.
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

Bankruptcy Venue Reform Act of 2021

Plain summary

Bankruptcy Venue Reform Act of 2021 This bill limits where a non-individual debtor (e.g., a corporate debtor) may file for bankruptcy. Specifically, these debtors must file in the district court for the district in which the principal place of business or principal assets of the debtor are located. Such a debtor may also file in a district where there is a pending bankruptcy case concerning an affiliate that has a certain level of control or ownership of the debtor (e.g., if the affiliate is a controlling shareholder of the debtor), if that pending case is in a proper venue under this bill. Under current law, these debtors may also file where they are domiciled (i.e., incorporated) or where there is a bankruptcy case pending concerning an affiliate, general partner, or partnership. For certain debtors who are issuers of securities, their principal place of business is defined in the bill as the address of the entity's principal executive office as provided in specified Securities and Exchange Commission filings.

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

Bankruptcy Venue Reform Act of 2021

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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

Officials and money

Sponsor: Rep. Lofgren, Zoe [D-CA-19] · 16 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Joe Neguse (D-CO), Mike Thompson (D-CA), Ashley Hinson (R-IA), Lance Gooden (R-TX), Ted Lieu (D-CA), Kathy Castor (D-FL), Greg Stanton (D-AZ), Jared Huffman (D-CA)

Sponsor's campaign money: Rep. Lofgren, Zoe [D-CA-19] reported raising $2.0 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

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 (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr4193.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr4193 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117