National Guard and Reservists Debt Relief Extension Act of 2023
United States118th CongressS-3328Senate
Updated: Nov 15, 2023
Summary
National Guard and Reservists Debt Relief Extension Act of 2023 This bill 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. Currently, the exemption expires on December 19, 2023.
Bill texts
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Timeline
Latest companion bill action
HR-3315: National Guard and Reservists Debt Relief Extension Act of 2023Presented to President.
Read twice and referred to the Committee on the Judiciary. (text: CR S5549-5550)
Senate
Introduced in Senate
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