COVID-19 Bankruptcy Relief Extension Act of 2021
USA117th CongressHR-1651| House
| Updated: 3/27/2021
Jerrold Nadler
Democratic Representative
New York
Cosponsors (2)
Judiciary Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on the Judiciary.
Mr. Nadler moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H1389-1390)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1651.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H1480-1481)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 399 - 14 (Roll no. 88). (text: 3/16/2021 CR H1389)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Passed Senate with an amendment by Unanimous Consent.
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Measure laid before Senate by unanimous consent. (consideration: CR S1779)
Message on Senate action sent to the House.
Presented to President.
Resolving differences -- House actions: On motion that the House agree to the Senate amendment Agreed to without objection.(text: CR H1687)
Without objection, the Chair laid before the House H.R. 1651 along with the Senate amendment thereto. (consideration: CR H1687)
On motion that the House agree to the Senate amendment Agreed to without objection. (text: CR H1687)
Motion to reconsider laid on the table Agreed to without objection.
Signed by President.
Became Public Law No: 117-5.
Law
BankruptcyCardiovascular and respiratory healthDebt collectionEmergency medical services and trauma careInfectious and parasitic diseasesSmall business
COVID-19 Bankruptcy Relief Extension Act of 2021
USA117th CongressHR-1651| House
| Updated: 3/27/2021
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on the Judiciary.
Mr. Nadler moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H1389-1390)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1651.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H1480-1481)
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 399 - 14 (Roll no. 88). (text: 3/16/2021 CR H1389)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice.
Passed Senate with an amendment by Unanimous Consent.
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Measure laid before Senate by unanimous consent. (consideration: CR S1779)
Message on Senate action sent to the House.
Presented to President.
Resolving differences -- House actions: On motion that the House agree to the Senate amendment Agreed to without objection.(text: CR H1687)
Without objection, the Chair laid before the House H.R. 1651 along with the Senate amendment thereto. (consideration: CR H1687)
On motion that the House agree to the Senate amendment Agreed to without objection. (text: CR H1687)
Motion to reconsider laid on the table Agreed to without objection.
Signed by President.
Became Public Law No: 117-5.
Jerrold Nadler
Democratic Representative
New York
Cosponsors (2)
Judiciary Committee
Law
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
BankruptcyCardiovascular and respiratory healthDebt collectionEmergency medical services and trauma careInfectious and parasitic diseasesSmall business