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S. 2161

A bill to exclude certain farmout agreements from property of the estate.

Amends Federal bankruptcy provisions to exclude property interests in, or contract rights to, hydrocarbons and other minerals produced with hydrocarbons from a debtor's estate to the extent that such debtor has contractually transferred such interests or rights.

Subcommittee on Courts and Administrative Practice. Hearings held.

Sen. Bentsen, Lloyd M. [D-TX](D-TX)Sponsor
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  1. Committee

    Subcommittee on Courts and Administrative Practice. Hearings held.

    Administrative Oversight and the Courts Subcommittee
  2. Committee

    Referred to Subcommittee on Courts and Administrative Practice.

    Administrative Oversight and the Courts Subcommittee
  3. IntroReferral

    Read twice and referred to the Committee on Judiciary.

    Judiciary Committee
  4. IntroReferral10000

    Introduced in Senate

A bill to exclude certain farmout agreements from property of the estate. — Informed