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Bankruptcy Technical Corrections Act of 2010

Floor Speech

By: Judy Chu
By: Judy Chu
Date: Dec. 16, 2010
Location: Washington, DC
Issues: Finance and Banking Legal

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Ms. CHU. I yield myself such time as I may consume.

Mr. Speaker, on November 19, the Senate passed an amended version of H.R. 6198, the Bankruptcy Technical Corrections Act of 2010. H.R. 6198 makes a series of purely technical corrections in response to certain drafting errors resulting from the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.

The Senate amendment simply removes from the bill a provision that corrected a misnumbered paragraph.

It is our understanding that some believe that this provision, which corrects a clear error in bankruptcy law, may possibly cause confusion with respect to other laws that currently contain cross-references to the incorrectly numbered paragraph. While some might question the need for the Senate amendment, we are willing to accommodate the concern.

Accordingly, I urge my colleagues to concur in the Senate amendment to H.R. 6198.

I reserve the balance of my time.

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