National Guard and Reservists Debt Relief Extension Act of 2023

United States118th CongressHR-3315House of Representatives
Updated: Dec 19, 2023

Summary

National Guard and Reservists Debt Relief Extension Act of 2023 This act extends for an additional four years the exemption from the presumption of abuse means test under Chapter 7 (liquidation) bankruptcy for qualifying members of an Armed Forces reserve component or the National Guard. Specifically, members who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for not less than 90 days qualify for this exemption. The exemption expires on December 19, 2023.

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Timeline

Latest companion bill action

S-3328: National Guard and Reservists Debt Relief Extension Act of 2023

Introduced in Senate

  1. Message on Senate action sent to the House.

    Senate

  2. Became Public Law No: 118-24.

  3. Presented to President.

    House of Representatives

  4. Signed by President.