11 U.S.C. 330(b)(1)changedby S. 3424 Sec. 3(a)
(b)(1) There shall be paid from the filing fee in a case under chapter 7 of this title $45$105 to the trustee serving in such case, after such trustee's services are rendered.
The bill says: in subsection (b)(1) by striking "$45" and inserting "$105"; and
Bill text · Current law (11 U.S.C. 330)
11 U.S.C. 330removedby S. 3424 Sec. 3(a)
The bill says: by striking subsection (e).
Bill text · Current law (11 U.S.C. 330)
28 U.S.C. 589a(b)(1)(A)changedby S. 3424 Sec. 3(c)
(1)(A) 40.46 percent of the fees collected$51.49 of the fees collected in each case under section 1930(a)(1)(A); and
The bill says: in subsection (b)(1)(A), by striking "40.46 percent of the fees collected" and inserting "$51.49 of the fees collected in each case"; and
Bill text · Current law (28 U.S.C. 589a)
28 U.S.C. 589a(f)(1)(D)changedby S. 3424 Sec. 3(c)
(D) FourthSecond, any remaining amounts shall be deposited as discretionary offsetting collections to the "United States Trustee System Fund", to remain available until expended.
The bill says: in subparagraph (D) by striking "Fourth" and inserting "Second";
Bill text · Current law (28 U.S.C. 589a)
28 U.S.C. 589a(f)(1)removedby S. 3424 Sec. 3(c)
The bill says: by striking subparagraphs (B) and (C); and
Bill text · Current law (28 U.S.C. 589a)
28 U.S.C. 589a(f)(1)renumberedby S. 3424 Sec. 3(c)
The bill says: by redesignating subparagraph (D) as subparagraph (B).
Bill text · Current law (28 U.S.C. 589a)
28 U.S.C. 1930(a)(6)(B)(i)changedby S. 3424 Sec. 4(a)
(B)(i) During the 5-year10-year period beginning on January 1, 2021, in addition to the filing fee paid to the clerk, a quarterly fee shall be paid to the United States trustee, for deposit in the Treasury, in each open and reopened case under chapter 11 of title 11, other than under subchapter V, for each quarter (including any fraction thereof) until the case is closed, converted, or dismissed, whichever occurs first.
The bill says: in clause (i), by striking "5-year" and inserting "10-year"; and
Bill text · Current law (28 U.S.C. 1930)
28 U.S.C. 1930(a)(6)(B)(ii)(I)changedby S. 3424 Sec. 4(a)
(I) the greater of 0.4 percent of disbursements or $250 for each quarter in which disbursements total less than $1,000,000; and
The bill says: by inserting "the greater of" before "0.4"; and
Bill text · Current law (28 U.S.C. 1930)
28 U.S.C. 1930(a)(6)(B)(ii)(I)changedby S. 3424 Sec. 4(a)
(I) 0.4 percent of disbursements or $250 for each quarter in which disbursements total less than $1,000,000; andor
The bill says: by striking "and" at the end and inserting "or"; and
Bill text · Current law (28 U.S.C. 1930)
28 U.S.C. 1930(a)(6)(B)(ii)(II)changedby S. 3424 Sec. 4(a)
(II) 0.80.9 percent of disbursements but not more than $250,000 for each quarter in which disbursements total at least $1,000,000.
The bill says: in subclause (II), by striking "0.8" and inserting "0.9".
Bill text · Current law (28 U.S.C. 1930)
28 U.S.C. 589a(f)changedby S. 3424 Sec. 4(b)
(f)(1) During each of fiscal years 2021 through 20262031 and notwithstanding subsection (b)(5), the fees collected under section 1930(a)(6), less the amount specified in paragraph (2), shall be deposited as follows, in the following order: (A) First, the amounts needed to offset the amount specified in the Department of Justice appropriations for that fiscal year, shall be deposited as discretionary offsetting collections to the "United States Trustee System Fund", pursuant to subsection (a), to remain available until expended. (B) Second, the amounts determined annually by the Director of the Administrative Office of the United States Courts that are necessary to reimburse the judiciary for the costs of administering payments under section 330(e) of title 11, shall be deposited as mandatory offsetting collections to the "United States Trustee System Fund", and transferred and deposited into the special fund established under section 1931(a), and notwithstanding subsection (a), shall be available for expenditure without further appropriation. (C) Third, the amounts determined annually by the Director of the Administrative Office of the United States Courts that are necessary to pay trustee compensation authorized by section 330(e)(2) of title 11, shall be deposited as mandatory offsetting collections to the "United States Trustee System Fund", and transferred and deposited into the Chapter 7 Trustee Fund established under section 330(e) of title 11 for payment to trustees serving in cases under chapter 7 of title 11 (in addition to the amounts paid under section 330(b) of title 11), in accordance with that section, and notwithstanding subsection (a), shall be available for expenditure without further appropriation. (D) Fourth, any remaining amounts shall be deposited as discretionary offsetting collections to the "United States Trustee System Fund", to remain available until expended. (2) Notwithstanding subsection (b), for each of fiscal years 2021 through 20262031, $5,400,000 of the fees collected under section 1930(a)(6) shall be deposited in the general fund of the Treasury.
The bill says: Section 589a(f) of title 28, United States Code, as amended by section 3(c)(2), is amended by striking "2026" each place it appears and inserting "2031".
Bill text · Current law (28 U.S.C. 589a)
28 U.S.C. 152(a)(2)(A)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (A)(i), by striking "5 years" and inserting "10 years"; and
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(a)(2)(B)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (B)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(b)(2)(A)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (A)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(b)(2)(B)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (B)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(b)(2)(C)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (C)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(b)(2)(D)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (D)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(b)(2)(E)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (E)(i), by striking "5 years" and inserting "10 years"; and
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(b)(2)(F)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (F)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(c)(2)(A)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (A)(i), by striking "5 years" and inserting "10 years"; and
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(c)(2)(B)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (B)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(d)(2)(A)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (A)(i), by striking "5 years" and inserting "10 years"; and
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(d)(2)(B)(i)changedby S. 3424 Sec. 5(a)
The bill says: in subparagraph (B)(i), by striking "5 years" and inserting "10 years";
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(e)(2)(A)changedby S. 3424 Sec. 5(a)
The bill says: in subsection (e)(2)(A), by striking "5 years" and inserting "10 years"; and
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(f)(2)(A)changedby S. 3424 Sec. 5(a)
The bill says: in subsection (f)(2)(A), by striking "5 years" and inserting "10 years".
Bill text · Current law (28 U.S.C. 152)
28 U.S.C. 152(b)(2)(A)changedby S. 3424 Sec. 5(b)
The bill says: Section 1003(b)(2)(A) of the Bankruptcy Judgeship Act of 2017 (28 U.S.C. 152 note) is amended by striking ‘‘5 years’’ and inserting ‘‘10 years’’.
Bill text · Current law (28 U.S.C. 152)