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H.R. 1651 (117th Congress) — To amend the CARES Act to extend the sunset for the definition of a small business debtor

Summary

House bill 1651 of the 117th Congress, 1st Session, introduced in the House of Representatives on March 8, 2021, by Nadler and Cline and referred to the Committee on the Judiciary. It is a bill to amend the CARES Act to extend the sunset for the definition of a small business debtor, and for other purposes. Section 1 gives the short title COVID–19 Bankruptcy Relief Extension Act of 2021. Section 2 amends section 1113 of the CARES Act by striking 1 year and inserting 2 years, and amends section 1001 of division FF of the Consolidated Appropriations Act, 2021 by inserting March 27, 2022, in place of a date that is 1 year after enactment.

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Issuer
Congressional materials
Document type
Bills Bills 117Hr1651Ih Bills 117Hr1651Ih
Case
Bills Bills 117Hr1651Ih Bills 117Hr1651Ih

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“H.R. 1651 (117th Congress) — To amend the CARES Act to extend the sunset for the definition of a small business debtor.” Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-117hr1651ih-bills-117hr1651ih/, SHA-256 f47530acb8fbea16433827ef941a0d1e973e7f80cdc1fcd926c884212ca4d7d3.

Full text

                                                                                                                                                                        I




                                                                     117TH CONGRESS
                                                                        1ST SESSION
                                                                                                          H. R. 1651
                                                                            To amend the CARES Act to extend the sunset for the definition of a
                                                                                      small business debtor, and for other purposes.




                                                                                   IN THE HOUSE OF REPRESENTATIVES
                                                                                                   MARCH 8, 2021
                                                                      Mr. NADLER (for himself and Mr. CLINE) introduced the following bill; which
                                                                                   was referred to the Committee on the Judiciary




                                                                                                               A BILL
                                                                         To amend the CARES Act to extend the sunset for the
                                                                      definition of a small business debtor, and for other purposes.

                                                                       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. SHORT TITLE.

                                                                       4              This Act may be cited as the ‘‘COVID–19 Bank-
                                                                       5 ruptcy Relief Extension Act of 2021’’.
                                                                       6     SEC. 2. EXTENSIONS.

                                                                       7              (a) IN GENERAL.—Section 1113 of the CARES Act
                                                                       8 (Public Law 116–136) is amended—
                                                                       9                        (1) in subsection (a)(5) (11 U.S.C. 1182 note),



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                                                                     10               by striking ‘‘1 year’’ and inserting ‘‘2 years’’; and



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                                                                                                                                2
                                                                       1                        (2) in subsection (b)(2)(B) (11 U.S.C. 101
                                                                       2              note), by striking ‘‘1 year’’ and inserting ‘‘2 years’’.
                                                                       3              (b) MODIFICATION                          OF    PLAN AFTER CONFIRMA-
                                                                       4     TION.—

                                                                       5                        (1) Section 1329(d)(1) of title 11, United
                                                                       6              States Code, is amended, in the matter preceding
                                                                       7              subparagraph (A), by striking ‘‘this subsection’’ and
                                                                       8              inserting ‘‘the COVID–19 Bankruptcy Relief Exten-
                                                                       9              sion Act of 2021’’.
                                                                     10                         (2) Section 1113(b)(1)(D)(ii) of the CARES
                                                                     11               Act (11 U.S.C. 1329 note) is amended by striking
                                                                     12               ‘‘this Act’’ and inserting ‘‘the COVID–19 Bank-
                                                                     13               ruptcy Relief Extension Act of 2021’’.
                                                                     14               (c) BANKRUPTCY RELIEF.—Section 1001 of division
                                                                     15 FF of the Consolidated Appropriations Act, 2021 (Public
                                                                     16 Law 116–260) is amended by striking ‘‘the date that is
                                                                     17 1 year after the date of enactment of this Act’’ each place
                                                                     18 the term appears and inserting ‘‘March 27, 2022’’.
                                                                                                                                Æ




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