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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'.
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97%
VOTING RESULTS
2021-03-17
For 399
Against 14
Abstain 0
Full voting results open_in_new
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Status:
Became Law
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Additional Information
COVID-19 Bankruptcy Relief Extension Act of 2021
Print number: 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