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- S.4479
S.4479: A bill to amend title 11, United States Code, to change the treatment of certain rental obligations during bankruptcy.
About This Bill
- Introduced Aug. 6, 2020
- Latest Major Action Aug. 6, 2020
Bill Sponsor
Bill Version
- Introduced in Senate - Aug. 6, 2020
Bill Summary
This bill temporarily revises bankruptcy provisions related to a lease of nonresidential real property. Specifically, if a Chapter 11 small business reorganization bankruptcy debtor is experiencing material financial hardship due to the COVID-19 (i.e., coronavirus disease 2019) pandemic, a court may extend the time the debtor may pay rent on a nonresidential real property from 60 days to 120 days. Additionally, businesses impacted by the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Aug. 6, 2020 |
Read twice and referred to the Committee on the Judiciary.
|
| Aug. 6, 2020 |
Introduced in the Senate by Thom Tillis (R-N.C.) |