,,ii #aagth ,,congress #b;d ,session ,s4 #chbc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #ad1 #bjbb,mr4 ,grassley 7for himself1 ,mr4 ,durbin1 ,mr4 ,whitehouse1 and ,mr4 ,cornyn7 introduced the following bill2 which was read twice and referred to the ,committee on the ,judiciary ,a ,,bill ,to amend title #aa1 ,united ,states ,code1 to modify the eligibility requirements for a debtor under chapter #ac1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,bankruptcy ,threshold ,adjustment and ,technical ,corrections ,act4 #b4 ,bankruptcy amendments 7a7 ,,cares ,act amendment ,section #aaac7;a7 of the ,,cares ,act 7,public ,law #aaf-acf2 #acd ,stat4 #caj7 is amended by striking paragraph 7#e74 7b7 ,definition of small business debtor ,section #aja7ea;,d77,b77iii7 of title #aa1 ,united ,states ,code1 is amended by striking an issuer and all that follows and inserting a corporation described in clause 7ii744 7c7 ,adjustments for inflation 7#a7 ,in general ,section #ajd of title #aa1 ,united ,states ,code1 is amended-- 7,a7 in subsection 7a71 by inserting #aahb7a71 after #gjg7;b712 and 7,b7 in subsection 7b71 by inserting #aahb7a71 after #gjg7;b714 7#b7 ,no adjustments in #bjbb ,with respect to the adjustment of dollar amounts required on ,april #a1 #bjbb1 under section #ajd of title #aa1 ,united ,states ,code1 as amended by paragraph 7#a71 the ,judicial ,conference of the ,united ,states shall not adjust the dollar amount in effect under section #aji7;e7 or #aahb7a7 of title #aa1 ,united ,states ,code4 7d7 ,who may be a debtor under chapter #ac ,section #aji of title #aa1 ,united ,states ,code is amended by striking subsection 7e7 and inserting the following3 7e7 ,only an individual with regular income that owes1 on the date of the filing of the petition1 noncontingent1 liquidated debts of less than #b1gej1jjj or an individual with regular income and such individual's spouse1 except a stockbroker or a commodity broker1 that owe1 on the date of the filing of the petition1 noncontingent1 liquidated debts that aggregate less than #b1gej1jjj may be a debtor under chapter #ac of this title4 4 7e7 ,definition of debtor ,section #aahb7a77;,b7 of title #aa1 ,united ,states ,code1 is amended-- 7#a7 in clause 7i71 by inserting under this title after affiliated debtors2 and 7#b7 in clause 7iii71 by striking an issuer and all that follows and inserting a corporation described in clause 7ii744 7f7 ,trustee ,section #aahc7;b77#e7 of title #aa1 ,united ,states ,code1 is amended-- 7#a7 by striking possession1 perform and inserting 8possession-- 7,a7 perform 2 7#b7 in subparagraph 7,a71 as so designated-- 7,a7 by striking 1 including operating the business of the debtor2 and 7,b7 by adding and at the end2 and 7#c7 by adding at the end the following3 7,b7 be authorized to operate the business of the debtor2 4 7g7 ,confirmation of plan ,section #aaia7;c7 of title #aa1 ,united ,states ,code1 is amended by striking paragraph 7#c7 and inserting the following3 7#c7 7,a7 ,the debtor will be able to make all payments under the plan2 or 7,b7 7i7 there is a reasonable likelihood that the debtor will be able to make all payments under the plan2 and 7ii7 the plan provides appropriate remedies1 which may include the liquidation of nonexempt assets1 to protect the holders of claims or interests in the event that the payments are not made4 4 7h7 ,technical corrections to the ,bankruptcy ,administration ,improvement ,act ,section #ehi;a of title #bh1 ,united ,states ,code is amended-- 7#a7 in subsection 7c7 by striking subsection 7a7 and inserting subsections 7a7 and 7f72 and 7#b7 in subsection 7f77#a7-- 7,a7 in the matter preceding subparagraph 7,a71 by striking subsections 7b7 and 7c7 and inserting subsection 7b77#e72 and 7,b7 in subparagraph 7,a71 by inserting needed to offset the amount after amounts4