Text: H.R.5827 — 111th Congress (2009-2010)

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Received in Senate (07/29/2010)


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[Congressional Bills 111th Congress]
[From the U.S. Government Printing Office]
[H.R. 5827 Received in Senate (RDS)]

111th CONGRESS
  2d Session
                                H. R. 5827


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 29, 2010

                                Received

                             August 5, 2010

                          Read the first time

_______________________________________________________________________

                                 AN ACT


 
To amend title 11 of the United States Code to include firearms in the 
    types of property allowable under the alternative provision for 
                  exempting property from the estate.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Protecting Gun Owners in Bankruptcy 
Act of 2010''.

SEC. 2. EXEMPTIONS.

    Section 522 of title 11, the United States Code, is amended--
            (1) in subsection (d) by adding at the end the following:
            ``(13) The debtor's aggregate interest, not to exceed 
        $3,000 in value, in a single rifle, shotgun, or pistol, or any 
        combination thereof.'', and
            (2) in subsection (f)(4)(A)--
                    (A) in clause (xiv) by striking ``and'' at the end,
                    (B) in clause (xv) by striking the period at the 
                end and inserting ``; and'', and
                    (C) by adding at the end the following:
            ``(xvi) The debtor's aggregate interest, not to exceed 
        $3,000 in value, in a single rifle, shotgun, or pistol, or any 
        combination thereof.''.

SEC. 3. EFFECTIVE DATE; APPLICATION OF AMENDMENTS.

    (a) Effective Date.--Except as provided in subsection (b), this Act 
and the amendments made by this Act shall take effect on the date of 
the enactment of this Act.
    (b) Application of Amendments.--The amendments made by this Act 
shall apply only with respect to cases commenced under title 11 of the 
United States Code on or after the date of the enactment of this Act.

            Passed the House of Representatives July 28, 2010.

            Attest:

                                            LORRAINE C. MILLER,

                                                                 Clerk.