arrow_back Back to App

Extending COVID-19 Bankruptcy Relief for Small Businesses

This Act amends the CARES Act to extend the sunset provision for the definition of a small business debtor. Specifically, it replaces references to '1 year' with '2 years' in sections related to bankruptcy relief. The legislation is cited as the 'COVID-19 Bankruptcy Relief Extension Act of 2021'.
Key points
Deadline Extension: The sunset period for the small business debtor definition in the CARES Act is extended from 1 year to 2 years.
Code Modification: References in Title 11 of the United States Code are updated to cite the 'COVID-19 Bankruptcy Relief Extension Act of 2021'.
article Official text account_balance Process page
VOTING RESULTS
2021-03-17
97%
For 399
Against 14
Abstain 0
Full voting results open_in_new
Became Law
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_1651
Sponsor: Rep. Nadler, Jerrold [D-NY-10]
Process start date: 2021-03-08
Voting date: 2021-03-17
Meeting no: 1
Voting no: 88