Skip to main content
S 2059 104th Congress Senate

Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996

Official title: A bill to amend title 11, United States Code, with respect to executory contracts and unexpired leases, and for other purposes.

Introduced: September 9, 1996 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
Finance and Financial Sector BankruptcyCommerceContractsDebtor and creditor
More subjectsShow fewer subjects
LawLeasesTrusts and trustees
Sign in to write a letter Sign in to watch
This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 9, 1996
Read twice and referred to the Committee on Judiciary.
Sep 9, 1996
Introduced in Senate
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action September 9, 1996

Read twice and referred to the Committee on Judiciary.

 Plain-English summary Congressional Research Service

Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996 - Amends Federal bankruptcy law to declare that the trustee in bankruptcy may assume a debtor's executory contract or an unexpired lease of personal property without satisfying any penalty rate or penalty provision relating to a default arising from the debtor's failure to perform nonmonetary obligations under the contract or lease.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2059: Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996. 104th Congress. Open America. https://openamerica.io/bill/104-S-2059/
MLA
"S. 2059: Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-S-2059/.
Bluebook (legal)
S. 2059, 104th Cong. (2026), https://openamerica.io/bill/104-S-2059/.
Markdown link
[S. 2059: Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996](https://openamerica.io/bill/104-S-2059/)
Report a problem