H. R. 5827
IN THE HOUSE OF REPRESENTATIVES
July 22, 2010
Mr. Boccieri (for himself, Mr. Hunter, Ms. Markey of Colorado, Mr. Owens, Mr. Rahall, Mr. Space, Mr. Murphy of New York, Mr. Kissell, Mr. Holden, Mr. Conaway, Mr. Burton of Indiana, Mrs. Kirkpatrick of Arizona, Mr. Young of Alaska, Mr. LaTourette, Mr. Simpson, Mr. Minnick, Mr. Boucher, Mr. Walz, Mr. Wamp, Mr. Johnson of Illinois, Mr. Thornberry, and Mr. Peterson) introduced the following bill; which was referred to the Committee on the Judiciary
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.
This Act may be cited as the
Protecting Gun Owners in Bankruptcy
Act of 2010.
Section 522 of title 11, the United States Code, is amended—
in subsection (d) by adding at the end the following:
A single rifle, shotgun, or pistol of any value or any combination of rifle, shotgun, or pistol in aggregate value not to exceed $1,500.
in subsection (f)(4)(A)—
in clause (xiv) by
and at the end,
in clause (xv) by
striking the period at the end and inserting
; and, and
by adding at the end the following:
a single rifle, shotgun, or pistol of any value or any combination of rifle, shotgun, or pistol in aggregate value not to exceed $1,500.
Effective date; application of amendments
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.
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.