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S. 5078 — Temporary Relief From Troubled Debt Restructurings (December 21, 2020)

Summary

Senate bill 5078 of the 116th Congress, 2d Session, introduced in the Senate of the United States on December 21, 2020, by Cassidy with Kennedy, Menendez and Tester and referred to the Committee on Banking, Housing, and Urban Affairs. Its printed purpose is to amend the CARES Act to extend the temporary relief from troubled debt restructurings. Section 1 amends section 4013(a)(1) of the CARES Act by striking December 31, 2020 and inserting January 1, 2022.

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Issuer
Congressional materials
Document type
Bills Bills 116S5078Is Bills 116S5078Is
Case
Bills Bills 116S5078Is Bills 116S5078Is

Cite this document

“S. 5078 — Temporary Relief From Troubled Debt Restructurings (December 21, 2020).” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-116s5078is-bills-116s5078is/, SHA-256 d0e0bbddfd934365c62c8128cce74c624ec7e7f6924d06a3872b6e9635875add.

Full text

                                                                                                                                                                          II




                                                                       116TH CONGRESS
                                                                          2D SESSION
                                                                                                              S. 5078
                                                                             To amend the CARES Act to extend the temporary relief from troubled
                                                                                                  debt restructurings.




                                                                                   IN THE SENATE OF THE UNITED STATES
                                                                                                  DECEMBER 21, 2020
                                                                       Mr. CASSIDY (for himself, Mr. KENNEDY, Mr. MENENDEZ, and Mr. TESTER)
                                                                           introduced the following bill; which was read twice and referred to the
                                                                           Committee on Banking, Housing, and Urban Affairs




                                                                                                                 A BILL
                                                                           To amend the CARES Act to extend the temporary relief
                                                                                     from troubled debt restructurings.

                                                                         1              Be it enacted by the Senate and House of Representa-
                                                                         2 tives of the United States of America in Congress assembled,
                                                                         3     SECTION 1. TEMPORARY RELIEF FROM TROUBLED DEBT

                                                                         4                             RESTRUCTURINGS.

                                                                         5              Section 4013(a)(1) of the CARES Act (15 U.S.C.
                                                                         6 9051(a)(1)) is amended by striking ‘‘December 31, 2020’’
                                                                         7 and inserting ‘‘January 1, 2022’’.
                                                                                                                                  Æ



kjohnson on DSK79L0C42PROD with BILLS



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