J. Mark Wilcox
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S. representative from Florida. He is remembered as the author of the Wilcox Municipal Bankruptcy Act, which became law in 1934, a bill which initially allowed a city in his district, West Palm Beach, to adjust its bonded indebtedness and avoid bankruptcy.
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About this person
James Mark Wilcox was a U.S. representative from Florida. He is remembered as the author of the Wilcox Municipal Bankruptcy Act, which became law in 1934, a bill which initially allowed a city in his district, West Palm Beach, to adjust its bonded indebtedness and avoid bankruptcy. It was later invoked to help New York City avoid bankruptcy in 1972.
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