H. R. 1651, 117th Congress — In the Senate of the United States, March 18, 2021, To Amend the CARES Act
Summary
H.R. 1651, the COVID–19 Bankruptcy Relief Extension Act of 2021, is an Act to amend the CARES Act to extend the sunset for the definition of a small business debtor. The text is marked as received in the Senate of the United States March 18, 2021, and states it passed the House of Representatives March 17, 2021. Section 2 amends section 1113 of the CARES Act by striking ‘‘1 year’’ and inserting ‘‘2 years’’ in subsections (a)(5) and (b)(2)(B), and amends section 1001 of division FF of the Consolidated Appropriations Act, 2021, to insert ‘‘March 27, 2022’’ in place of a date one year after enactment. Section 3 addresses the determination of budgetary effects.
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Cite this document
“H. R. 1651, 117th Congress — In the Senate of the United States, March 18, 2021, To Amend the CARES Act.”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/bills-bills-117hr1651rds-bills-117hr1651rds/
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II
117TH CONGRESS
1ST SESSION
H. R. 1651
IN THE SENATE OF THE UNITED STATES
MARCH 18, 2021
Received
AN ACT
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,
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1 SECTION 1. SHORT TITLE.
2 This Act may be cited as the ‘‘COVID–19 Bank-
3 ruptcy Relief Extension Act of 2021’’.
4 SEC. 2. EXTENSIONS.
5 (a) IN GENERAL.—Section 1113 of the CARES Act
6 (Public Law 116–136) is amended—
7 (1) in subsection (a)(5) (11 U.S.C. 1182 note),
8 by striking ‘‘1 year’’ and inserting ‘‘2 years’’; and
9 (2) in subsection (b)(2)(B) (11 U.S.C. 101
10 note), by striking ‘‘1 year’’ and inserting ‘‘2 years’’.
11 (b) MODIFICATION OF PLAN AFTER CONFIRMA-
12 TION.—
13 (1) Section 1329(d)(1) of title 11, United
14 States Code, is amended, in the matter preceding
15 subparagraph (A), by striking ‘‘this subsection’’ and
16 inserting ‘‘the COVID–19 Bankruptcy Relief Exten-
17 sion Act of 2021’’.
18 (2) Section 1113(b)(1)(D)(ii) of the CARES
19 Act (11 U.S.C. 1329 note) is amended by striking
20 ‘‘this Act’’ and inserting ‘‘the COVID–19 Bank-
21 ruptcy Relief Extension Act of 2021’’.
22 (c) BANKRUPTCY RELIEF.—Section 1001 of division
23 FF of the Consolidated Appropriations Act, 2021 (Public
24 Law 116–260) is amended by striking ‘‘the date that is
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25 1 year after the date of enactment of this Act’’ each place
26 the term appears and inserting ‘‘March 27, 2022’’.
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1 SEC. 3. DETERMINATION OF BUDGETARY EFFECTS.
2 The budgetary effects of this Act, for the purpose of
3 complying with the Statutory Pay-As-You-Go Act of 2010,
4 shall be determined by reference to the latest statement
5 titled ‘‘Budgetary Effects of PAYGO Legislation’’ for this
6 Act, submitted for printing in the Congressional Record
7 by the Chairman of the House Budget Committee, pro-
8 vided that such statement has been submitted prior to the
9 vote on passage.
Passed the House of Representatives March 17,
2021.
Attest: CHERYL L. JOHNSON,
Clerk.
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