S. 1381: Protecting Employees and Retirees in Business Bankruptcies Act of 2025

S. 1381 is a federal bill in the 119th Congress. When a company files for bankruptcy today, employees often lose unpaid wages and severance while top executives receive large bonuses. This bill changes that by doubling the priority limit for unpaid wages and benefits from 10,000 dollars to 20,000 dollars… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.