S.2370: Small Business Reorganization Efficiency and Clarity Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced April 26, 2012
  • Latest Major Action May 24, 2012

Bill Summary

Small Business Reorganization Efficiency and Clarity Act - (Sec. 2) Amends federal bankruptcy law to extend from 45 to 90 days the time within which the bankruptcy court must confirm a small business bankruptcy plan under chapter 11 (Reorganization). (Sec. 3) Modifies small business debtor reporting requirements to repeal the requirement for periodic filing of financial and other reports containing such other matters as are in the best...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.2370.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.2370.

Bill Actions

Date Description
Read twice and referred to the Committee on the Judiciary.
Committee on the Judiciary. Ordered to be reported without amendment favorably.
Committee on the Judiciary. Reported by Senator Leahy without amendment. Without written report.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 416.
April 26, 2012

Introduced in the Senate by Sheldon Whitehouse (D-R.I.)

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