House Bill 5939
117th Congress(2021-2022)
Small Business Reorganization Technical Corrections Act
Introduced
Introduced in House on Nov 9, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5939
Congress
117
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
Small Business Reorganization Technical Corrections Act
This bill modifies provisions related to small business reorganization bankruptcies. Specifically, it provides that a small business debtor includes a debtor that is an affiliate of certain publicly traded companies. Additionally, it authorizes the bankruptcy trustee to operate the business of the debtor if the debtor ceases to be a debtor in possession.
November 9, 2021
11/01/2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
11/09/2021
Referred to the House Committee on the Judiciary.
11/09/2021
Introduced in House
Public Record
Record Updated
Dec 30, 2022 8:03:37 AM