3.0.0 4917 2023-01-11T13:26:14Z 2023-01-11T13:26:14Z House H HR 2014-06-19 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. SHEA-PORTER:H.R. 4917.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H5558]]]> hsju00 Judiciary Committee House Standing hsju05 Administrative State, Regulatory Reform, and Antitrust Subcommittee Referred to 2014-07-21T14:40:07Z Referred to 2014-06-19T14:01:45Z Medical Bankruptcy Fairness Act of 2014 113 2471 S 2014-06-12 Read twice and referred to the Committee on the Judiciary. Identical bill CRS 2014-07-21 hsju05 Administrative State, Regulatory Reform, and Antitrust Subcommittee 1 House committee actions Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. Committee 2014-06-19 Referred to the House Committee on the Judiciary. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2014-06-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-06-19 Introduced in House IntroReferral 1000 9 Library of Congress S001170 Rep. Shea-Porter, Carol [D-NH-1] Carol Shea-Porter D NH 1 N C001090 Rep. Cartwright, Matt [D-PA-17] Matt Cartwright D PA 17 2014-07-23 False Finance and Financial Sector Bankruptcy Health care costs and insurance Military operations and strategy Military personnel and dependents Student aid and college costs Finance and Financial Sector 00 2014-06-19 Introduced in House 2014-08-26T21:05:50Z Medical Bankruptcy Fairness Act of 2014 - Amends federal bankruptcy law to cite circumstances under which a medically distressed debtor may elect to exempt from the property of the estate in bankruptcy up to $250,000 of the debtor's aggregate interest in: (1) specified real or personal property that the debtor (or debtor's dependent) uses as a residence, (2) a cooperative that owns the property used as a residence by the debtor or a dependent of the debtor, or (3) a burial plot for the debtor or debtor's dependent.

Applies the same election to certain other property of a medically distressed debtor, including certain retirement funds held in a tax-exempt account.

Declares inapplicable to a medically distressed debtor: (1) certain presumptions that granting relief under Chapter 7 would constitute abuse of Chapter 7, and (2) mandatory court disapproval of a debtor's plan under chapter 13 upon objection by the trustee or the holder of an allowed unsecured claim.

Waives the credit counseling prerequisite for filing for debt relief in the case of a medically distressed debtor.

Permits a medically distressed debtor to discharge in bankruptcy debts for certain educational loans.

Requires a debtor who seeks relief as a medically distressed debtor to attest in writing, and under penalty of perjury, that debtor's medical expenses are genuine, and are not specifically incurred to bring the debtor within the meaning of "medically distressed debtor."

]]> Medical Bankruptcy Fairness Act of 2014 Display Title Medical Bankruptcy Fairness Act of 2014 Official Title as Introduced To amend title 11 of the United States Code to provide bankruptcy protections for medically distressed debtors, and for other purposes. Introduced in House IH Short Titles as Introduced Medical Bankruptcy Fairness Act of 2014 Introduced in House 2014-06-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4917ih/xml/BILLS-113hr4917ih.xml 2014-07-21 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.