H. R. 1651, One Hundred Seventeenth Congress of the United States of America
Summary
H.R. 1651 is an act to amend the CARES Act to extend the sunset for the definition of a small business debtor. It may be cited as the COVID-19 Bankruptcy Relief Extension Act of 2021. Section 1113 of the CARES Act is amended by striking 1 year and inserting 2 years. A further provision modifies references in section 1329 of title 11, United States Code, and in the CARES Act to the new act. Section 3 says the budgetary effects are determined by reference to the latest statement titled Budgetary Effects of PAYGO Legislation.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
- Issuer
- Congressional materials
- Document type
- Bills Bills 117Hr1651Enr Bills 117Hr1651Enr
- Case
- Bills Bills 117Hr1651Enr Bills 117Hr1651Enr
Cite this document
“H. R. 1651, One Hundred Seventeenth Congress of the United States of America.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-117hr1651enr-bills-117hr1651enr/
, SHA-256 b5e3dee70f073d46d0f3a8db6249c366431c8aa61faf1943c512a9f91f9303d4.Full text
H. R. 1651
One Hundred Seventeenth Congress
of the
United States of America
AT T H E F I R S T S E S S I O N
Begun and held at the City of Washington on Sunday,
the third day of January, two thousand and twenty-one
An Act
To amend the CARES Act to extend the sunset for the definition of a small
business debtor, and for other purposes.
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘COVID–19 Bankruptcy Relief
Extension Act of 2021’’.
SEC. 2. EXTENSIONS.
(a) IN GENERAL.—Section 1113 of the CARES Act (Public Law
116–136) is amended—
(1) in subsection (a)(5) (11 U.S.C. 1182 note), by striking
‘‘1 year’’ and inserting ‘‘2 years’’; and
(2) in subsection (b)(2)(B) (11 U.S.C. 101 note), by striking
‘‘1 year’’ and inserting ‘‘2 years’’.
(b) MODIFICATION OF PLAN AFTER CONFIRMATION.—
(1) Section 1329(d)(1) of title 11, United States Code, is
amended, in the matter preceding subparagraph (A), by striking
‘‘this subsection’’ and inserting ‘‘the COVID–19 Bankruptcy
Relief Extension Act of 2021’’.
(2) Section 1113(b)(1)(D)(ii) of the CARES Act (11 U.S.C.
1329 note) is amended by striking ‘‘this Act’’ and inserting
‘‘the COVID–19 Bankruptcy Relief Extension Act of 2021’’.
SEC. 3. DETERMINATION OF BUDGETARY EFFECTS.
The budgetary effects of this Act, for the purpose of complying
with the Statutory Pay-As-You-Go Act of 2010, shall be determined
by reference to the latest statement titled ‘‘Budgetary Effects of
PAYGO Legislation’’ for this Act, submitted for printing in the
Congressional Record by the Chairman of the House Budget Com-
mittee, provided that such statement has been submitted prior
to the vote on passage.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.
File and source
- File
- BILLS_bills-117hr1651enr_bills-117hr1651enr.pdf
- Size
- 109,681 bytes
- SHA-256
- b5e3dee70f073d46d0f3a8db6249c366431c8aa61faf1943c512a9f91f9303d4
- Original
- www.govinfo.gov