HR 242
117th Congress
House
Finance and Financial Sector
Bankruptcy
Housing finance and home ownership
Property tax
Protecting Homeowners in Bankruptcy Act of 2021
Introduced: January 11, 2021
Introduced by:
Dean, Madeleine
Democratic
· Pennsylvania
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 4, 2021
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Jan 11, 2021
Referred to the House Committee on the Judiciary.
Jan 11, 2021
Introduced in House
Plain-English summary
Protecting Homeowners in Bankruptcy Act of 2021
This bill increases the homestead exemption an individual debtor can claim in a bankruptcy to $100,000. The homestead exemption allows a debtor to exempt from property of the estate the debtor's interest in property used as the debtor's residence or interest in a burial plot for the debtor.
What's happening now
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Committees of jurisdiction
2
Cosponsors
1