Summary: H.R.4246 — 114th Congress (2015-2016)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Public Law No: 114-107 (12/18/2015)

(This measure has not been amended since it was introduced. The expanded summary of the House passed version is repeated here.)

National Guard and Reservist Debt Relief Extension Act of 2015

(Sec. 2) This bill amends the National Guard and Reservists Debt Relief Act of 2008 to exempt for an additional four-year period qualifying Armed Forces reserve component and National Guard members (who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for at least 90 days, and remain eligible for an exemption during the 540-day period following such active duty or homeland defense activity service) from the application of the means-test presumption of abuse under chapter 7 (Liquidation) of the Bankruptcy Code.