National Guard and Reservists Debt Relief Extension Act of 2023 became law 218 days after introduction, with cosponsors from both parties
IntroducedMay 15, 2023
ReportedNov 2, 2023
Passed one chamberDec 11, 2023
Passed bothDec 14, 2023
LawDec 19, 2023
What it changes · CRS summary
Written by the Congressional Research Service [2]. 81 words.
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.
Context
- Committees
- House Judiciary Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 7 of 323 bills enacted since 2013
- Text versions
- 6, from enrolled bill to public law · 347 words
- Subjects
- BankruptcyConsumer creditHomeland securityMilitary personnel and dependentsNational Guard and reserves
- Latest action
- Dec 19, 2023: Became Public Law No: 118-24.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 118th S. 3328 National Guard and Reservists Debt Relief Extension Act of 2023 D · Introduced
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]