[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4474 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 4474

To amend title 11 of the United States Code to require the performance 
    of the debtor's obligations under an unexpired lease of certain 
personal property until such lease is assumed or rejected under section 
                           365 of such title.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 23, 1994

  Mr. Frank of Massachusetts introduced the following bill; which was 
               referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
To amend title 11 of the United States Code to require the performance 
    of the debtor's obligations under an unexpired lease of certain 
personal property until such lease is assumed or rejected under section 
                           365 of such title.

    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 ``Equipment Leasing, Maintenance, and 
Payment Amendment of 1994''.

SEC. 2. AMENDMENT.

    The first sentence of section 365(d)(3) of title 11, United States 
Code, is amended by inserting ``, and in a case under chapter 11 of 
this title under any unexpired lease of personal property (other than 
personal property relating to residential real property),'' after 
``property''.

SEC. 3. EFFECTIVE DATE; APPLICATION OF AMENDMENT.

    (a) Effective Date.--Except as provided in subsection (b), this Act 
and the amendment made by section 2 shall take effect on the date of 
the enactment of this Act.
    (b) Application of Amendment.--The amendment made by section 2 
shall not apply with respect to cases commenced under title 11 of the 
United States Code before the date of the enactment of this Act.

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