S 3328
118th Congress
Senate
Finance and Financial Sector
Bankruptcy
Consumer credit
Homeland security
Military personnel and dependents
National Guard and reserves
National Guard and Reservists Debt Relief Extension Act of 2023
Introduced: November 15, 2023
Introduced by:
Durbin, Richard J.
Democratic
· Illinois
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 15, 2023
Read twice and referred to the Committee on the Judiciary. (text: CR S5549-5550)
Nov 15, 2023
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on the Judiciary. (text: CR S5549-5550)
Committees of jurisdiction
1