In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
--------
Question: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Preserving Marginal Lands and
Protecting Farming Act of 2013''.

SEC. 2. MAXIMUM ENROLLMENT.

Section 1231(d) of the Food Security Act of 1985 (16 U.S.C.
3831(d)) is amended to read as follows:
''(d) Maximum Enrollment.--The Secretary may maintain in the
conservation reserve at any 1 time, not more than--
''(1) during fiscal year 2013, 29,000,000 acres;
''(2) during fiscal year 2014, 26,000,000 acres; and
''(3) during each of fiscal years 2015 through 2018,
24,000,000 acres.''.

SEC. 3. INELIGIBLE LAND.

Section 1231 of the Food Security Act of 1985 (16 U.S.C. 3831) is
amended by adding at the end the following new subsection:
''(j) Ineligible Land.--Notwithstanding any other provision of this
section, after the date of enactment of this subsection, the Secretary
may not enroll land in the conservation reserve that is classified as
class I or class II land under the land capability classification
system published in the National Soil Survey Handbook of the Natural
Resources Conservation Service, unless such land is enrolled as a
buffer, filterstrip, or strip adjacent to a riparian area.''.

SEC. 4. CONTRACT REQUIREMENTS.

(a) Early Termination by Owner or Operator.--Section 1235(e) of the
Food Security Act of 1985 (16 U.S.C. 3835(e)) is amended--
(1) in paragraph (1)(A)--
(A) by striking ''The Secretary'' and inserting
''During fiscal year 2014, the Secretary''; and
(B) by striking ''before January 1, 1995,'';
(2) in paragraph (2), by striking subparagraph (C) and
inserting the following:
''(C) Land devoted to hardwood trees.
''(D) Wildlife habitat, duck nesting habitat,
pollinator habitat, upland bird habitat buffer,
wildlife food plots, State acres for wildlife
enhancement, shallow water areas for wildlife, and rare
and declining habitat.
''(E) Farmable wetland and restored wetland.
''(F) Land that contains diversions, erosion
control structures, flood control structures, contour
grass strips, living snow fences, salinity reducing
vegetation, cross wind trap strips, and sediment
retention structures.
''(G) Land located within a federally-designated
wellhead protection area.
''(H) Land that is covered by an easement under the
conservation reserve program.
''(I) Land located within an average width,
according to the applicable Natural Resources
Conservation Service field office technical guide, of a
perennial stream or permanent water body.''; and
(3) in paragraph (3), by striking ''60 days after the date
on which the owner or operator submits the notice required
under paragraph (1)(C)'' and inserting ''upon approval by the
Secretary''.
(b) Transition Option for Certain Farmers or Ranchers.--Section
1235(f) of the Food Security Act of 1985 (16 U.S.C. 3835(f)) is
amended--
(1) in paragraph (1)--
(A) in the matter preceding subparagraph (A), by
striking ''Duties'' and all that follows through ''a
beginning farmer'' and inserting ''Transition to
covered farmer or rancher.--In the case of a contract
modification approved in order to facilitate the
transfer of land subject to a contract from a retired
farmer or rancher to a beginning farmer'';
(B) in subparagraph (A)(i), by inserting '',
including preparing to plant an agricultural crop''
after ''improvements'';
(C) in subparagraph (D), by striking ''the farmer
or rancher'' and inserting ''the covered farmer or
rancher''; and
(D) in subparagraph (E), by striking ''section
1001A(b)(3)(B)'' and inserting ''section 1001(a)''; and
(2) in paragraph (2), by striking ''requirement of section
1231(h)(4)(B)'' and inserting ''option pursuant to section
1231(h)''.
(c) Final Year Contract.--Section 1235 of the Food Security Act of
1985 (16 U.S.C. 3835) is amended by adding at the end the following new
subsection:
''(g) Final Year of Contract.--The Secretary shall not consider an
owner or operator to be in violation of a term or condition of the
conservation reserve contract if--
''(1) during the year prior to expiration of the contract,
the land is enrolled in the conservation stewardship program;
and
''(2) the activity required under the conservation
stewardship program pursuant to such enrollment is consistent
with this subchapter.''.

Answer: Preserving Marginal Lands and Protecting Farming Act of 2013 - Amends the Food Security Act of 1985 to set the maximum number of acres that may be enrolled at any one time in the conservation reserve program (CRP) at: (1) 29 million acres for FY2013, (2) 26 million acres for FY2014, and (3) 26 million acres for each of FY2015 through FY2018. Prohibits the enrollment of land in the conservation reserve that is classified as class I or class II land under the National Soil Survey Handbook's land capability classification system unless such land is enrolled as a buffer, filterstrip, or strip adjacent to a riparian area. Directs the Secretary of Agriculture (USDA), during FY2014, to permit a participant that entered into a CRP contract to terminate the contract at any time if the contract has been in effect for at least five years. Revises the types of land that are not subject to early contract termination.

Question: SECTION 1. EXPENSES FOR HOUSEHOLD AND ELDER CARE SERVICES NECESSARY FOR
GAINFUL EMPLOYMENT.

(a) In General.--Subpart A of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 is amended by adding at the end
the following new section:

''SEC. 25E. EXPENSES FOR HOUSEHOLD AND ELDER CARE SERVICES NECESSARY
FOR GAINFUL EMPLOYMENT.

''(a) Allowance of Credit.--
''(1) In general.--In the case of an individual for which
there are 1 or more qualifying individuals (as defined in
subsection (b)(1)) with respect to such individual, there shall
be allowed as a credit against the tax imposed by this chapter
for the taxable year an amount equal to the applicable
percentage of the employment-related expenses (as defined in
subsection (b)(2)) paid by such individual during the taxable
year.
''(2) Applicable percentage defined.--For purposes of
paragraph (1), the term 'applicable percentage' means 35
percent reduced (but not below 20 percent) by 1 percentage
point for each $2,000 (or fraction thereof) by which the
taxpayer's adjusted gross income for the taxable year exceeds
$15,000.
''(b) Definitions of Qualifying Individual and Employment-Related
Expenses.--For purposes of this section--
''(1) Qualifying individual.--The term 'qualifying
individual' means an individual who--
''(A) has attained age 50, and
''(B) is one of the following:
''(i) An individual who bears a
relationship to the taxpayer described in
subparagraph (C) or (D) of section 152(d)(2)
(relating to fathers, mothers, and ancestors).
''(ii) An individual would be a dependent
of the taxpayer (as defined in section 152,
determined without regard to subsections (b)(1)
and (b)(2)) as a qualifying relative described
in section 152(d)(1) if--
''(I) in lieu of subparagraphs (B)
and (C) thereof the following applied
with respect to the individual:
''(aa) the taxpayer has
provided over one-half of the
individual's support for the
calendar year in which such
taxable year begins and each of
the preceding 4 taxable years,
and
''(bb) the individual's
modified adjusted gross income
for the calendar year in which
such taxable year begins is
less than the exemption amount
(as defined in section 151(d)),
''(II) the individual is physically
or mentally incapable of caring for
himself or herself, and
''(III) who has the same principal
place of abode as the taxpayer for more
than one-half of such taxable year.
''(iii) The spouse of the taxpayer who is
physically or mentally incapable of caring for
himself or herself.
''(2) Modified adjusted gross income.--The term 'modified
adjusted gross income' means adjusted gross income determined
without regard to section 86.
''(3) Employment-related expenses.--
''(A) In general.--The term 'employment-related
expenses' means amounts paid for the following
expenses, but only if such expenses are incurred to
enable the taxpayer to be gainfully employed for any
period for which there are 1 or more qualifying
individuals with respect to the taxpayer:
''(i) expenses for household services, and
''(ii) expenses for the care of a
qualifying individual, including expenses for
respite care and hospice care.
''(B) Exception.--Employment-related expenses
described in subparagraph (A) which are incurred for
services outside the taxpayer's household shall be
taken into account only if incurred for the care of--
''(i) a qualifying individual described in
paragraph (1)(A), or
''(ii) a qualifying individual (not
described in paragraph (1)(A)) who regularly
spends at least 8 hours each day in the
taxpayer's household.
''(C) Dependent care centers.--Employment-related
expenses described in subparagraph (A) which are
incurred for services provided outside the taxpayer's
household by a dependent care center (as defined in
subparagraph (D)) shall be taken into account only if--
''(i) such center complies with all
applicable laws and regulations of a State or
unit of local government, and
''(ii) the requirements of subparagraph (B)
are met.
''(D) Dependent care center defined.--For purposes
of this paragraph, the term 'dependent care center'
means any facility which--
''(i) provides care for more than six
individuals (other than individuals who reside
at the facility), and
''(ii) receives a fee, payment, or grant
for providing services for any of the
individuals (regardless of whether such
facility is operated for profit).
''(c) Dollar Limit on Amount Creditable.--The amount of the
employment-related expenses incurred during any taxable year which may
be taken into account under subsection (a) shall not exceed--
''(1) $3,000 if there is 1 qualifying individual with
respect to the taxpayer for such taxable year, or
''(2) $6,000 if there are 2 or more qualifying individuals
with respect to the taxpayer for such taxable year.
The amount determined under paragraph (1) or (2) (whichever is
applicable) shall be reduced by the aggregate amount excludable from
gross income under section 129 for the taxable year.
''(d) Earned Income Limitation.--Except as otherwise provided in
this subsection, the amount of the employment-related expenses incurred
during any taxable year which may be taken into account under
subsection (a) shall not exceed--
''(1) in the case of an individual who is not married at
the close of such year, such individual's earned income for
such year, or
''(2) in the case of an individual who is married at the
close of such year, the lesser of such individual's earned
income or the earned income of his spouse for such year.
''(e) Special Rules.--For purposes of this section--
''(1) Place of abode.--An individual shall not be treated
as having the same principal place of abode of the taxpayer if
at any time during the taxable year of the taxpayer the
relationship between the individual and the taxpayer is in
violation of local law.
''(2) Married couples must file joint return.--If the
taxpayer is married at the close of the taxable year, the
credit shall be allowed under subsection (a) only if the
taxpayer and his spouse file a joint return for the taxable
year.
''(3) Marital status.--An individual legally separated from
his spouse under a decree of divorce or of separate maintenance
shall not be considered as married.
''(4) Certain married individuals living apart.--If--
''(A) an individual who is married and who files a
separate return--
''(i) maintains as his home a household
which constitutes for more than one-half of the
taxable year the principal place of abode of a
qualifying individual, and
''(ii) furnishes over half of the cost of
maintaining such household during the taxable
year, and
''(B) during the last 6 months of such taxable year
such individual's spouse is not a member of such
household, such individual shall not be considered as
married.
''(5) Payments to related individuals.--No credit shall be
allowed under subsection (a) for any amount paid by the
taxpayer to an individual--
''(A) with respect to whom, for the taxable year, a
deduction under section 151(c) (relating to deduction
for personal exemptions for dependents) is allowable
either to the taxpayer or his spouse, or
''(B) who is a child of the taxpayer (within the
meaning of section 152(f)(1)) who has not attained the
age of 19 at the close of the taxable year. For
purposes of this paragraph, the term 'taxable year'
means the taxable year of the taxpayer in which the
service is performed.
''(6) Identifying information required with respect to
service provider.--No credit shall be allowed under subsection
(a) for any amount paid to any person unless--
''(A) the name, address, and taxpayer
identification number of such person are included on
the return claiming the credit, or
''(B) if such person is an organization described
in section 501(c)(3) and exempt from tax under section
501(a), the name and address of such person are
included on the return claiming the credit.
In the case of a failure to provide the information required
under the preceding sentence, the preceding sentence shall not
apply if it is shown that the taxpayer exercised due diligence
in attempting to provide the information so required.
''(7) Identifying information required with respect to
qualifying individuals.--No credit shall be allowed under this
section with respect to any qualifying individual unless the
TIN of such individual is included on the return claiming the
credit.
''(f) Regulations.--The Secretary shall prescribe such regulations
as may be necessary to carry out the purposes of this section.''.
(b) Clerical Amendment.--The table of sections for subpart A of
part IV of subchapter A of chapter 1 of the Internal Revenue Code of
1986 is amended by adding at the end the following new item:

''Sec. 25E. Expenses for household and elder care services necessary
for gainful employment.''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.

Answer: Amends the Internal Revenue Code to allow a new tax credit for employment-related expenses necessary to care for a dependent of a taxpayer who has attained age 50, including expenses for household services and for the care of the dependent, including respite care and hospice care. Limits the amount of such credit to $3,000 for the care of one dependent and $6,000 for the care of two or more dependents of the taxpayer in a taxable year.

Question: SECTION 1. SHORT TITLE.

This Act may be cited as the ''Bankruptcy Technical Corrections Act
of 1996''.

SEC. 2. DEFINITIONS.

Section 101 of title 11, United States Code, is amended--
(1) by striking ''In this title--'' and inserting ''In this
title:'';
(2) in paragraph (51B)--
(A) by inserting ''family farms or'' after ''other
than''; and
(B) by striking all after ''thereto'' and inserting
a semicolon;
(3) by reordering the paragraphs so that the terms defined
in the section are in alphabetical order and redesignating the
paragraphs accordingly;
(4) in paragraph (37)(B) (defining insured depository
institution), as redesignated by paragraph (3) of this section,
by striking ''paragraphs (21B) and (33)(A)'' and inserting
''paragraphs (23) and (35)(A)'';
(5) in each paragraph, by inserting a heading, the text of
which is comprised of the term defined in the paragraph;
(6) by inserting ''The term'' after each paragraph heading;
and
(7) by striking the semicolon at the end of each paragraph
and ''; and'' at the end of paragraphs (35) and (38) and
inserting a period.

SEC. 3. ADJUSTMENT OF DOLLAR AMOUNTS.

Section 104 of title 11, United States Code, is amended by
inserting ''522(f)(3),'' after ''522(d),'' each place it appears.

SEC. 4. COMPENSATION TO OFFICERS.

Section 330(a) of title 11, United States Code, is amended--
(1) in paragraph (1), by inserting '', or the debtor's
attorney'' after ''1103''; and
(2) in paragraph (3), by striking ''(3)(A) In'' and
inserting ''(3) In''.

SEC. 5. EFFECT OF CONVERSION.

Section 348(f)(2) of title 11, United States Code, is amended by
inserting ''of the estate'' after ''property'' the first place it
appears.

SEC. 6. EXECUTORY CONTRACTS AND UNEXPIRED LEASES.

Section 365 of title 11, United States Code, is amended--
(1) in subsection (c)--
(A) in paragraph (2), by adding ''or'' at the end;
(B) in paragraph (3), by striking ''or'' at the end
and inserting a period; and
(C) by striking paragraph (4);
(2) in subsection (d), by striking paragraphs (5) through
(9); and
(3) in subsection (f)(1), by striking ''; except that'' and
all that follows through the end of the paragraph and inserting
a period.

SEC. 7. ALLOWANCE OF ADMINISTRATIVE EXPENSES.

Section 503(b)(4) of title 11, United States Code, is amended by
inserting ''subparagraph (A), (B), (C), (D), or (E) of'' before
''paragraph (3)''.

SEC. 8. PRIORITIES.

Section 507(a)(7) of title 11, United States Code, is amended by
inserting ''unsecured'' after ''allowed''.

SEC. 9. EXEMPTIONS.

Section 522 of title 11, United States Code, is amended--
(1) in subsection (f)(1)(A)--
(A) in the matter preceding clause (i), by striking
''; or'' at the end; and
(B) in clause (ii), by striking the period at the
end and inserting ''; or''; and
(2) in subsection (g)(2), by striking ''subsection (f)(2)''
and inserting ''subsection (f)(1)(B)''.

SEC. 10. EXCEPTIONS TO DISCHARGE.

Section 523(a)(3) of title 11, United States Code, is amended by
striking ''or (6)'' each place it appears and inserting ''(6), or
(15)'';

SEC. 11. PROTECTION AGAINST DISCRIMINATORY TREATMENT.

Section 525(c) of title 11, United States Code, is amended--
(1) in paragraph (1), by inserting ''student'' before
''grant'' the second place it appears; and
(2) in paragraph (2), by striking ''the program operated
under part B, D, or E of'' and inserting ''any program operated
under''.

SEC. 12. PROPERTY OF THE ESTATE.

Section 541(b)(4)(B)(ii) of title 11, United States Code (as added
by section 208(b) of the Bankruptcy Reform Act of 1994), is amended by
inserting ''365 or'' before ''542''.

SEC. 13. LIMITATIONS ON AVOIDING POWERS.

Subsection (g) of section 546 of title 11, United States Code, as
added by section 222(a) of the Bankruptcy Reform Act of 1994 (108 Stat.
4129), is redesignated as subsection (h).

SEC. 14. LIABILITY OF TRANSFEREE OF AVOIDED TRANSFER.

(a) In General.--Section 550(c) of title 11, United States Code, is
amended--
(1) in paragraph (1), by striking ''avoided under section
547(b)'' and inserting ''avoidable under section 547''; and
(2) in the matter following paragraph (2), by striking
''recover under subsection (a) from a transferee that is not an
insider'' and inserting ''avoid under section 547 such
transfer, to the extent that such transfer was made for the
benefit of a transferee that was not an insider at the time of
such transfer, or recover under subsection (a) from a
transferee that was not an insider at the time of such
transfer''.
(b) Conforming Amendment.--Section 547(b) of title 11, United
States Code, is amended by inserting ''or in section 550(c) of this
title'' after ''subsection (c) of this section''.

SEC. 15. SETOFF.

Section 553(b)(1) is amended by striking ''362(b)(14)'' and
inserting ''362(b)(17)''.

SEC. 16. DISPOSITION OF PROPERTY OF THE ESTATE.

Section 726(b) is amended by striking ''1009,''.

SEC. 17. GENERAL PROVISIONS.

Section 901(a) of title 11, United States Code, is amended by
inserting ''1123(d),'' after ''1123(b),''.

SEC. 18. PAYMENTS.

Section 1226(b)(2) is amended--
(1) by striking ''1202(c) of this title'' and inserting
''586(b) of title 28''; and
(2) by striking ''1202(d) of this title'' and inserting
''586(e)(1)(B) of title 28''.

SEC. 19. DISCHARGE.

Section 1228 of title 11, United States Code, is amended by
striking ''1222(b)(10)'' each place it appears and inserting
''1222(b)(9)''.

SEC. 20. CONTENTS OF PLAN.

Section 1322 of title 11, United States Code, is amended--
(1) in subsection (b), by striking ''(c)'' and inserting
''(d)''; and
(2) in subsection (e), by striking the comma after
''default'' the second place it appears.

SEC. 21. DISCHARGE.

Section 1328(a) of title 11, United States Code, is amended by
striking all after ''except any debt--'' and inserting the following:
''(1) provided for under section 1322(b)(5) of this title;
''(2) of the kind specified in paragraph (5), (8), or (9)
of section 523(a) of this title; or
''(3) for restitution, or a criminal fine, included in a
sentence on the debtor's conviction of a crime.''.

SEC. 22. BANKRUPTCY REVIEW COMMISSION.

Section 604 of the Bankruptcy Reform Act of 1994 (108 Stat. 4147)
is amended--
(1) by striking subsection (g); and
(2) by redesignating subsection (h) as subsection (g).

SEC. 23. APPOINTMENT OF TRUSTEE.

Section 1104(b) of title 11, United States Code, is amended--
(1) by inserting ''(1)'' after ''(b)''; and
(2) by adding at the end the following new paragraph:
''(2)(A) If an eligible, disinterested trustee is elected at a
meeting of creditors under paragraph (1), the United States trustee
shall file a report certifying that election. Upon the filing of a
report under the preceding sentence--
''(i) the trustee elected under paragraph (1) shall be
considered to have been selected and appointed for purposes of
this section; and
''(ii) the service of any trustee appointed under
subsection (d) shall terminate.
''(B) In the case of any dispute arising out of an election under
subparagraph (A), the court shall resolve the dispute.''.

SEC. 24. EXTENSIONS.

Section 302(d)(3) of the Bankruptcy, Judges, United States
Trustees, and Family Farmer Bankruptcy Act of 1986 (28 U.S.C. 581 note)
is amended--
(1) in subparagraph (A), in the matter following clause
(ii), by striking ''October 1, 2002'' and inserting ''October
1, 2012''; and
(2) in subparagraph (F)--
(A) in clause (i)--
(i) in subclause (II), by striking
''October 1, 2002'' and inserting ''October 1,
2012''; and
(ii) in the matter following subclause
(II), by striking ''October 1, 2003'' and
inserting ''October 1, 2013''; and
(B) in clause (ii), in the matter following
subclause (II), by striking ''October 1, 2003'' and
inserting ''October 1, 2013''.

SEC. 25. KNOWING DISREGARD OF BANKRUPTCY LAW OR RULE.

Section 156(a) of title 18, United States Code, is amended by
striking ''case under this title'' and inserting ''case under title
11''.

SEC. 26. BANKRUPTCY CASES AND PROCEEDINGS.

Section 1334(d) of title 28, United States Code, is amended--
(1) by striking ''made under this subsection'' and
inserting ''made under subsection (c)''; and
(2) by striking ''This subsection'' and inserting
''Subsection (c)''.

SEC. 27. ENFORCEMENT OF CHILD SUPPORT.

Section 362(b)(1) of title 11, United States Code, is amended by
inserting before the semicolon the following: ''(including the criminal
enforcement of a judicial order requiring the payment of child
support)''.

SEC. 28. LIMITATION.

Section 522 of title 11, United States Code, as amended by section
9, is further amended--
(1) in subsection (b)(2)(A), by inserting ''subject to
subsection (n),'' before ''any property''; and
(2) by adding at the end the following new subsection:
''(n) As a result of electing under subsection (b)(2)(A) to exempt
property under State or local law, a debtor may not exempt an aggregate
interest of more than $500,000 in value in--
''(1) real or personal property that the debtor or a
dependent of the debtor uses as a residence;
''(2) a cooperative that owns property that the debtor or a
dependent of the debtor uses as a residence; or
''(3) a burial plot for the debtor or a dependent of the
debtor.''.

SEC. 29. STANDING TRUSTEES.

(a) Section 330 of title 11 of the United States Code is amended by
adding to the end thereof the following:
''(e) Upon the request of a trustee appointed under section 586(b)
of title 28, and after all available administrative remedies have been
exhausted, the district court in the district in which the trustee
resides shall have the exclusive authority, notwithstanding section
326(b) of this title, to review the determination of the actual,
necessary expenses of the standing trustee. In reviewing the
determination, the district court shall accord substantial deference to
the determination made by the Attorney General, and may reverse the
determination only if the Attorney General has abused his or her
discretion.''.
(b) Section 324 of title 11, United States Code, is amended by
adding to the end thereof the following:
''(c)(1) Notwithstanding any provision of section 586 of title 28,
in the event the United States Trustee ceases assigning cases to a
trustee appointed under section 586(b) of title 28, the trustee, after
exhausting all available administrative remedies, may seek judicial
review of the decision in the district court in the district in which
the trustee resides. The district court shall accord substantial
deference to the determination made by the United States Trustee, and
may reverse the determination only if the United States Trustee has
abused his or her discretion.
''(2) Notwithstanding any other provision of law, the district
court may order interim relief under this paragraph only if the court
concludes, viewing all facts most favorably to the United States
Trustee, that there was no basis for the United States Trustee's
decision to cease assigning cases to the trustee. The denial of a
request for interim relief shall be final and shall not be subject to
further review.''.

SEC. 30. EFFECTIVE DATE OF AMENDMENTS.

(a) In General.--Except as provided in subsection (b) of this
section, the amendments made by this Act shall apply to all cases
pending on the date of enactment of this Act or commenced on or after
the date of enactment of this Act.
(b) Exception.--The amendment made by section 2(2)(B) of this Act
shall apply to all cases commenced on or after the date of enactment of
this Act.

Passed the Senate August 2, 1996.

Attest:

GARY SISCO,

Secretary.

Answer:
Bankruptcy Technical Corrections Act of 1996 - Makes technical corrections to Federal bankruptcy, criminal, and judiciary law. Redefines single asset real estate to exclude family farms and remove the $4 million ceiling on the amount of noncontingent, liquidated secured debts on such property.
(Sec. 3) Requires triennial adjustment of the $5,000 minimum threshold value of certain implements, professional books, tools of the trade, farm animals, and crops with respect to which a debtor in certain States may not avoid the fixing of a nonpossessory, nonpurchase-money security interest lien.
(Sec. 4) Allows a bankruptcy court to award reasonable compensation to a debtor's attorney.
(Sec. 6) Repeals certain guidelines governing executory contracts and unexpired leases of aircraft terminals and aircraft gates, including the proscription against their assignment by the trustee in bankruptcy.
(Sec. 14) Modifies guidelines relating to the liability of transferees of avoided transfers to prohibit the trustee in bankruptcy from avoiding a transfer made between 90 days and one year before the filing of the relief petition, if the transfer at the time was made for the benefit of a non-insider transferee.
(Sec. 15) Revises set-off recovery rules to exclude from recovery by a trustee setoffs by swap participants.
(Sec. 22) Repeals a provision for temporary continuation on the Bankruptcy Review Commission of certain members who have been or become employees or officers of a government.
(Sec. 23) Requires the U.S. trustee to file a report certifying the election of an eligible, disinterested trustee at a meeting of creditors. Declares that upon such filing: (1) the trustee elected shall be considered to have been selected and appointed; and (2) the service shall terminate of any trustee previously appointed to fill the term of specified ineligible or incapacitated trustees.
(Sec. 24) Amends the Bankruptcy Judges, United States Trustees, and Family Farmer Bankruptcy Act of 1986 to extend until October 1, 2012, and October 1, 2013, respectively, the period during which specified portions of such Act regarding U.S. Trustees in bankruptcy and fees payable to them shall not apply to the judicial districts of Alabama and North Carolina (nor to cases pending in them).
(Sec. 27) Amends Federal bankruptcy law to provide that the filing of certain bankruptcy petitions (including certain petitions under the Securities Investor Protection Act of 1970) does not operate as an automatic stay of a criminal enforcement of a judicial order requiring the payment of child support.
(Sec. 28) Allows a debtor to exempt from his or her estate under State or local law an aggregate interest of no more than $500,000 in: (1) real or personal property used as a residence by either the debtor or a dependent; (2) a cooperative that owns property used as a residence by the debtor or a dependent; or (3) a burial plot for the debtor or a dependent.
(Sec. 29) Confers exclusive authority upon the district court in the district in which a standing trustee in bankruptcy resides to review the Attorney General's determination of the trustee's actual, necessary expenses. Requires such court to accord substantial deference to such determination. Authorizes the court to reverse it only for abuse of discretion by the Attorney General.
Provides that if the U.S. Trustee ceases assigning cases to a trustee, such trustee may seek judicial review of the decision in the district court in the district in which the trustee resides after exhausting all administrative remedies. Requires such court to accord substantial deference to the U.S. Trustee's determination. Authorizes the court to reverse it only for abuse of discretion by such Trustee.
Authorizes the district court to order interim relief only if the court concludes, viewing all facts most favorably to the U.S. Trustee, that there was no basis for the Trustee's decision to cease assigning cases to the complainant trustee. Declares the denial of a request for interim relief is final and not subject to further review.