H.R. 5939 · 117th Congress

Small Business Reorganization Technical Corrections Act

Stage
In committee
Sponsor
Joe Neguse
Introduced
2021-11-09
Latest action
2022-11-01 · Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Summary

Small Business Reorganization Technical Corrections Act

This bill modifies provisions related to small business reorganization bankruptcies. Specifically, it provides that a small business debtor includes a debtor that is an affiliate of certain publicly traded companies. Additionally, it authorizes the bankruptcy trustee to operate the business of the debtor if the debtor ceases to be a debtor in possession.