RETIREES FIRST Act

# RETIREES FIRST Act Summary **What the Bill Would Do:** The RETIREES FIRST Act (HR 2266) is a proposed law that would prioritize retirees in federal bankruptcy proceedings. While specific details about the bill's provisions are not publicly detailed in the information available, the bill's name suggests it aims to give retirees' claims—likely pensions or retirement benefits—higher priority when federal agencies or programs face financial difficulties and must distribute limited funds. **Who It Affects:** This bill would primarily affect people who have retired and are receiving or expecting to receive federal retirement benefits, as well as potentially state and local government retirees. It could also impact the federal agencies or pension programs involved in bankruptcy situations. **Current Status:** The bill is currently in committee, meaning it has been introduced but has not yet been voted on by the full House of Representatives.

As of now, it has not advanced to a floor vote. For more detailed information about specific provisions, interested parties would need to consult the full legislative text on Congress.gov.