S. 2059 Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996
S. 2059 Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996
To amend title 11, United States Code, with respect to executory contracts and unexpired leases, and for other purposes.
Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of
1996 (Introduced in Senate)
104th CONGRESS
2d Session
S. 2059
IN THE SENATE OF THE UNITED STATES
A BILL
S 2059 IS
September 9, 1996
Mr. GRASSLEY (for himself, Mr. HATCH, and Mr. HEFLIN) introduced the following bill; which was read twice and referred to the Committee on the Judiciary
- 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 `Non-Monetary Default and
Unexpired Lease in Bankruptcy Reform Act of 1996'.
SEC. 2. EXECUTORY CONTRACTS AND UNEXPIRED LEASES.
- Section 365(b)(2)(D) of title 11, United States Code, is
amended--
- (1) by inserting `with respect to an executory contract or
an unexpired lease of personal property,' before `the satisfaction';
and
- (2) by inserting `penalty' before `provision'.
Monday, September 9, 1996