President Trump on Thursday signed H.R. 2266, the “Additional Supplemental Appropriations for Disaster Relief Requirements Act, 2017,” into law as Public Law No 115-72. The first part of the law provides additional FY 2018 emergency supplemental funding for hurricane and wildfire relief and recovery efforts. The second part contains the Bankruptcy Judgeship Act of 2017 that:
- Extends the temporary judgeships by 5 years in certain districts;
- Amends chapter 12 of the Bankruptcy Code;
- Increases the quarterly fee payable to the U.S. trustee by chapter 11 (reorganization) debtors whose disbursements equal or exceed $1 million in a fiscal year unless the balance in the U.S. Trustee System Fund exceeds $200 million.
Click here to read the full text of Public Law No: 115-72.
