,,ii #aaf? ,,congress #a/ ,session ,s4 #afge ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #bc 7legislative day1 ,may #bb71 #bjai,mr4 ,m55dez 7= himself1 ,mr4 ,rubio1 ,mr4 ,blum5?al1 & ,mr4 ,k5n$y7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to impose requirem5ts on ! paym5t ( comp5sation to pr(essional p]sons employ$ 9 volunt>y cases comm5c$ "u title ,,iii ( ,,promesa4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,pu]to ,rico ,recov]y ,accuracy 9 ,disclosures ,act ( #bjai or ,,prrada4 #b4 ,disclosure by pr(essional p]sons seek+ approval ( comp5sation "u section #caf or #cag ( ,,promesa 7a7 ,requir$ disclosure 7#a7 ,9 g5]al ,9 a volunt>y case comm5c$ "u section #cjd ( ,,promesa 7#dh ,u4,s4,c4 #bafd71 no attorney1 acc\ntant1 apprais]1 auctione]1 ag5t1 consultant1 or o!r pr(essional p]son may be comp5sat$ "u section #caf or #cag ( t ,act 7#dh ,u4,s4,c4 #bagf1 #bagg7 unless prior to mak+ a reque/ = comp5sation1 ! pr(essional p]son has submitt$ a v]ifi$ /atem5t con=m+ to ! disclosure requirem5ts ( rule #bjad7;a7 ( ! ,f$]al ,rules ( ,bankruptcy ,proc$ure sett+ =? ! connection ( ! pr(essional p]son )-- 7,a7 ! debtor2 7,b7 any cr$itor2 7,c7 any o!r p>ty 9 int]e/1 includ+ any attorney or acc\ntant2 7,d7 ! ,f9ancial ,ov]sight & ,managem5t ,bo>d e/abli%$ 9 accordance ) section #aja ( ,,promesa 7#dh ,u4,s4,c4 #baba72 & 7,e7 any p]son employ$ by ! ,ov]sight ,bo>d describ$ 9 subp>agraph 7,d74 7#b7 ,o!r requirem5ts ,a pr(essional p]son t submits a /atem5t "u p>agraph 7#a7 %all-- 7,a7 supplem5t ! /atem5t ) any additional relevant in=mation t becomes kn[n to ! p]son2 & 7,b7 file annually a notice confirm+ ! accuracy ( ! /atem5t4 7b7 ,review 7#a7 ,9 g5]al ,! ,unit$ ,/ates ,tru/ee %all review ea* v]ifi$ /atem5t submitt$ pursuant to subsection 7a7 & may file ) ! c\rt comm5ts on su* v]ifi$ /atem5ts be=e ! pr(essionals fil+ su* /atem5ts seek comp5sation "u section #caf or #cag ( ,,promesa 7#dh ,u4,s4,c4 #bagf1 #bagg74 7#b7 ,objection ,! ,unit$ ,/ates ,tru/ee may object to comp5sation applications fil$ "u section #caf or #cag ( ,,promesa 7#dh ,u4,s4,c4 #bagf1 #bagg7 t fail to satisfy ! requirem5ts ( subsection 7e74 7#c7 ,"r to be he>d ,ea* p]son describ$ 9 section #aaji ( title #aa1 ,unit$ ,/ates ,code1 may appe> & be he>d on any issue 9 a case "u ?is section4 7c7 ,jurisdiction ,! di/rict c\rts ( ! ,unit$ ,/ates %all h jurisdiction ( all cases "u ?is section4 7d7 ,retroactivity 7#a7 ,9 g5]al ,if a c\rt has ent]$ an ord] approv+ comp5sation "u a case comm5c$ "u section #cjd ( ,,promesa 7#dh ,u4,s4,c4 #bafd71 ea* pr(essional p]son subject to ! ord] %all file a v]ifi$ /atem5t 9 accordance ) subsection 7a7 n lat] ?an #cj days aft] ! date ( enactm5t ( ?is ,act4 7#b7 ,no delay ,a c\rt may n delay any proce$+ 9 connection ) a case comm5c$ "u section #cjd ( ,,promesa 7#dh ,u4,s4,c4 #bafd7 p5d+ ! fil+ ( a v]ifi$ /atem5t "u p>agraph 7#a74 7e7 ,limitation on comp5sation 7#a7 ,9 g5]al ,9 a volunt>y case comm5c$ "u section #cjd ( ,,promesa 7#dh ,u4,s4,c4 #bafd71 9 connection ) ! review & approval ( pr(essional comp5sation "u section #caf or #cag ( ,,promesa 7#dh ,u4,s4,c4 #bagf1 #bagg71 ! c\rt may d5y all[ance ( comp5sation = s]vices & reimbursem5t ( exp5ses1 accru+ aft] ! date ( ! enactm5t ( ?is ,act ( a pr(essional p]son if ! pr(essional p]son-- 7,a7 has fail$ to file /atem5ts ( connections requir$ by subsection 7a7 or has fil$ inadequate /atem5ts ( connections2 7,b7 except z provid$ 9 p>agraph 7#c71 is on or aft] ! date ( enactm5t ( ?is ,act n a dis9t]e/$ p]son1 z def9$ 9 section #aja ( title #aa1 ,unit$ ,/ates ,code2 or 7,c7 except z provid$ 9 p>agraph 7#c71 repres5ts1 or holds an int]e/ adv]se to1 ! int]e/ ( ! e/ate ) respect to ! matt] on :i* su* pr(essional p]son is employ$4 7#b7 ,consid]ations ,9 mak+ a det]m9ation "u p>agraph 7#a71 ! c\rt may take into consid]ation :e!r ! s]vices & exp5ses are 9 ! be/ int]e/s ( cr$itors & ! e/ate4 7#c7 ,committee pr(essional /&>ds ,an attorney or acc\ntant describ$ 9 section #aajc7;b7 ( title #aa1 ,unit$ ,/ates ,code1 %all be deem$ to h violat$ p>agraph 7#a7 if ! attorney or acc\ntant violates section #aajc7;b7 ( title #aa1 ,unit$ ,/ates ,code4