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117TH CONGRESS
1ST SESSION
S. 473
To amend the CARES Act to extend the sunset for the definition of a
small business debtor, and for other purposes.
IN THE SENATE OF THE UNITED STATES
FEBRUARY 25, 2021
Mr. DURBIN (for himself and Mr. GRASSLEY) introduced the following bill;
which was read twice and referred to the Committee on the Judiciary
A BILL
To amend the CARES Act to extend the sunset for the
definition of a small business debtor, and for other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘COVID–19 Bank-
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ruptcy Relief Extension Act of 2021’’.
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SEC. 2. EXTENSIONS.
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(a) IN GENERAL.—Section 1113 of the CARES Act
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(Public Law 116–136) is amended—
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(1) in subsection (a)(5) (11 U.S.C. 1182 note),
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by striking ‘‘1 year’’ and inserting ‘‘2 years’’; and
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•S 473 IS
(2) in subsection (b)(2)(B) (11 U.S.C. 101
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note), by striking ‘‘1 year’’ and inserting ‘‘2 years’’.
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(b) MODIFICATION
OF PLAN AFTER CONFIRMA-
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TION.—
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(1) Section 1329(d)(1) of title 11, United
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States Code, is amended, in the matter preceding
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subparagraph (A), by striking ‘‘this subsection’’ and
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inserting ‘‘the COVID–19 Bankruptcy Relief Exten-
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sion Act of 2021’’.
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(2) Section 1113(b)(1)(D)(ii) of the CARES
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Act (11 U.S.C. 1329 note) is amended by striking
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‘‘this Act’’ and inserting ‘‘the COVID–19 Bank-
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ruptcy Relief Extension Act of 2021’’.
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(c) BANKRUPTCY RELIEF.—Section 1001 of division
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FF of the Consolidated Appropriations Act, 2021 (Public
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Law 116–260) is amended by striking ‘‘the date that is
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1 year after the date of enactment of this Act’’ each place
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the term appears and inserting ‘‘March 27, 2022’’.
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