Congress finds trustee pay has not risen since 1994
To amend titles 11 and 28, United States Code, to modify the compensation payable to trustees serving in cases under chapter 7 of title 11, United States Code, to extend the term of certain temporary offices of bankruptcy judges, and for other purposes, section 2, Sec. 2.
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Congress finds trustee pay has not risen since 1994
The document says “should”Who acts: CongressHow: statuteSec. 2 in the PDF
What the document says
“Despite the essential role of chapter 7 bankruptcy trustees, since 1994 the amount of compensation paid to these trustees has not been increased.”
The first claim in the seventh finding. Congress states that the amount paid to chapter 7 trustees has not been increased since 1994.
What the document actually says
“Despite the essential role of chapter 7 bankruptcy trustees, since 1994 the amount of compensation paid to these trustees has not been increased.”
That sentence, in plain words
Congress says the pay for these workers has not gone up. It has been the same since 1994.
What this is about
That is more than thirty years. Prices have gone up in that time. The pay has not.
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