PRIORITY FOR INDEPENDENT SALES REPRESENTATIVES.

SEC. 207. PRIORITY FOR INDEPENDENT SALES REPRESENTATIVES. Section 507(a)(3) of title 11, United States Code, is amended to read as follows: 108 STAT. 4124 “(3) Third, allowed unsecured claims, but only to the extent of $4,000 for each individual or corporation, as the case may be, earned within 90 days before the date of the filing of the petition or the date of the cessation of the debtor’s business, whichever occurs first, for— “(A) wages, salaries, or commissions, including vacation, severance, and sick leave pay earned by an individual; or “(B) sales commissions earned by an individual or by a corporation with only 1 employee, acting as an independent contractor in the sale of goods or services for the debtor in the ordinary course of the debtor’s business if, and only if, during the 12 months preceding that date, at least 75 percent of the amount that the individual or corporation earned by acting as an independent contractor in the sale of goods or services was earned from the debtor;”.