HOUSE 1651117th CongressBecame Public Law No: 117-5.

COVID-19 Bankruptcy Relief Extension Act of 2021

Last Action: 3/27/2021

Actions

2021-03-27Became Public Law No: 117-5.
2021-03-27Became Public Law No: 117-5.
2021-03-27Signed by President.
2021-03-27Signed by President.
2021-03-26Presented to President.
2021-03-26Presented to President.
2021-03-26Motion to reconsider laid on the table Agreed to without objection.
2021-03-26On motion that the House agree to the Senate amendment Agreed to without objection. (text: CR H1687)
2021-03-26Resolving differences -- House actions: On motion that the House agree to the Senate amendment Agreed to without objection.(text: CR H1687)
2021-03-26Without objection, the Chair laid before the House H.R. 1651 along with the Senate amendment thereto. (consideration: CR H1687)
2021-03-25Message on Senate action sent to the House.
2021-03-24Passed Senate with an amendment by Unanimous Consent.
2021-03-24Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
2021-03-24Measure laid before Senate by unanimous consent. (consideration: CR S1779)
2021-03-18Received in the Senate, read twice.

Showing 15 of 20 actions. Full history on Congress.gov.

CRS Summary

As of 2021-03-27 (49)

COVID-19 Bankruptcy Relief Extension Act of 2021

This bill extends existing provisions that provide relief to debtors in bankruptcy, including those related to the COVID-19 (i.e., coronavirus disease 2019) pandemic.

These provisions (1) exclude certain COVID-19 aid payments from income for the purposes of bankruptcy, and (2) increase the debt eligibility threshold for businesses qualifying for certain types of Chapter 11 reorganization bankruptcy. Currently, these provisions expire March 27, 2021. The bill extends these provisions for one year.

The bill also allows for modification of a Chapter 13 repayment plan for plans confirmed before the date of enactment of this bill if the debtor is experiencing material financial hardship due to COVID-19. Currently, such a modification is only available for plans confirmed before March 27, 2020.

Cosponsors (2)

Ben Cline (R-VA)
Van Taylor (R-TX)

Subjects

Bankruptcy
Cardiovascular and respiratory health
Debt collection
Emergency medical services and trauma care
Infectious and parasitic diseases
Small business

Became law: Pub. L. 117-5

Read on Congress.gov

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