Page:United States Statutes at Large Volume 108 Part 5.djvu/651

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

PUBLIC LAW 103-394—OCT. 22, 1994 108 STAT. 4141 or a bankrupt or debtor under the Bankruptcy Act, or another person with whom the debtor or bankrupt has been associated, because the debtor or bankrupt is or has been a debtor under this title or a bankrupt or debtor under the Bankruptcy Act, has been insolvent before the commencement of a case under this title or during the pendency of the case but before the debtor is granted or denied a discharge, or has not paid a debt that is dischargeable in the case under this title or that was discharged under the Bankruptcy Act. "(2) In this section, 'student loan program' means the program operated under part B, D, or E of title IV of the Higher Education Act of 1965 or a similar program operated under State or local law.". TITLE IV—GOVERNMENTAL BANKRUPTCY ISSUES SEC. 401. EXCEPTION FROM AUTOMATIC STAY FOR POST-PETITION PROPERTY TAXES. Section 362(b) of title 11, United States Code, is amended by inserting after paragraph (16) the following: "(18) under subsection (a) of the creation or perfection of a statutory lien for an ad valorem property tax imposed by the District of Columbia, or a political subdivision of a State, if such tax comes due after the filing of the petition.". SEC. 402. MUNICIPAL BANKRUPTCY. Section 109(c)(2) of title 11, United States Code, is amended by striking "generally authorized" and inserting "specifically authorized, in its capacity as a municipality or by name,". TITLE V—TECHNICAL CORRECTIONS SEC. 501. AMENDMENTS TO BANKRUPTCY DEFINITIONS, NECES- SITATED BY ENACTMENT OF PUBLIC LAW 101-647. (a) ALPHABETIZING AND REDESIGNATING DEFINITIONS.— Section 101 of title 11 of the United States Code, as amended by sections 208, 217, 218, and 304, is amended— (1) by redesignating paragraph (3) as paragraph (2 IB) and transferring such paragraph so as to insert it after paragraph (2 LA), (2) by redesignating paragraph (39) as paragraph (51A) and transferring such paragraph so as to insert it after paragraph (51), (3) by redesignating paragraphs (54) through (57), as so redesignated by section 2522(e) of Public Law 101-647, as paragraphs (53A) through (53D), respectively, (4) by redesignating paragraph (56) as in effect immediately before the enactment of Public Law 101-647, as paragraph (35A) and transferring such paragraph so as to insert it after paragraph (35), and (5) by redesignating paragraph (57), as in effect immediately before the enactment of Public Law 101-647, as paragraph (39) and transferring such paragraph so as to insert it after paragraph (38).