Hurricane Katrina Bankruptcy Relief and Community Protection Act of 2005

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D ConyersSponsor

64 cosponsors · 63 D, 1 I

D McDermott MMD Meehan JM

D Wasserman Schultz JC

31 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Hurricane Katrina Bankruptcy Relief and Community Protection Act of 2005 - Amends federal bankruptcy law governing cases commenced as of October 17, 2005 (the effective date of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005).

What it does: CRS summary · Introduced in House · Sep 8, 2005

Excludes from the accounting of current monthly incomepayments to victims of a natural disaster on account of their status as victims of a natural disaster.

Defines victim of a natural disaster as one: (1) whose financial condition is materially adversely affected by a natural disaster; and (2) whose domicile, residence, or principal place of business (including principal assets) in the United States is located in a natural disaster zone immediately preceding the event that caused the natural disaster.

Permits debtor status for a debtor unable to complete credit counseling because of a natural disaster.

Retains automatic stay protections for a debtor who is a victim of a natural disaster.

Modifies requirements governing the statutory deadline for completion of debtor's duties. Authorizes the court to extend any such time period if: (1) the debtor is a victim of a natural disaster; and (2) the debtor's status as a victim of a natural disaster necessitates such extension of time.

Includes within the permissible monthly expenses of a chapter 7 debtor the actual reasonably necessary expenses incurred as a result of being a victim of a natural disaster.

Modifies requirements governing conversion or dismissal of either a Chapter 7 case, a Chapter 11 Reorganization case, or Chapter 13 case if the debtor is a victim of a natural disaster.

Authorizes the court to grant an extension of time for filing small business bankruptcy documentation if the debtor is unable to meet the deadline because of a natural disaster.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Hurricane Katrina Bankruptcy Relief and Community Protection Act of 2005

Latest action (Oct 17, 2005): Referred to the Subcommittee on Commercial and Administrative Law.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 8, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.