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| vol 18, num 2 | March 2021 |
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| Letter from The Committee |
| In this “special” edition of the Legislation Committee newsletter, we have spotlighted two key pieces of legislation introduced at the end of 2020: the Consolidated Appropriations Act and the Bankruptcy Administration Improvement Act. Both have important implications for bankruptcy practitioners, and we hope this newsletter will be valuable to your practice. |
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| H.R. 133, Consolidated Appropriations Act |
| H.R. 133, the Consolidated Appropriations Act of 2021, is a proposed $2.3 trillion spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year. On Dec. 21, 2020, by a vote of 92-6, the Senate approved the House amendment to the Senate amendments, thus formally resolving the two chambers’ differences on the bill. On Dec. 24, 2020, H.R. 133 was formally presented to the President for signature; on Dec. 27, 2020, the President formally signed H.R. 133 into law. |
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| Improvements Rolled Out by the Bankruptcy Administration Improvement Act of 2020 |
| On Jan. 12, 2021, President Donald J. Trump signed the “Bankruptcy Administration Improvement Act of 2020” into law. The bipartisan legislation was introduced in the Senate by Sen. Lindsey Graham (R-S.C.) and cosponsored by Sens. Christopher A. Coons (D-Del.), Marco Rubio (R-Fla.), Benjamin L. Cardin (D-Md.), Marsha Blackburn (R-Tenn.) and Thomas R. Carper (D-Del.). The Bankruptcy Administration Improvement Act of 2020 moved quickly through Congress, with passage in the Senate on Dec. 9, 2020, and passage in the House on Dec. 21, 2020. |
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| Register Today for ASM! |
ABI is pleased to announce the return of the Annual Spring Meeting April 12-22 — this year in a cutting-edge virtual format. Employing the same innovative platform that made last fall’s Insolvency 2020 event such an astounding success, this conference — always one of the most significant annual gatherings of bankruptcy and insolvency professionals in the country — will introduce a number of new and improved online networking features.
This year, the Legislation Committee will be partnering with the Consumer Bankruptcy Committee to host a panel titled "ABI’s Commission on Consumer Bankruptcy vs. the Consumer Bankruptcy Reform Act."
- Moderator: Christopher L. Hawkins, Bradley Arant Boult Cummings LLP; Birmingham, Ala.
- Hon. Rebecca Connelly, U.S. Bankruptcy Court (W.D. Va.); Harrisonburg
- Marcy Ford, Trott Law; Farmington Hills, Mich.
- Henry E. Hildebrand III, Chapter 13 Trustee; Nashville, Tenn.
- Ariane Holtschlag, Factor Law; Chicago
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