1、Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21276Updated September 19, 2002Two Key Provisions in the Bankruptcy ReformAct Conference Report: The HomesteadExemption and Dischargeability of Liabilityfor Violations of Laws Relati
2、ng to theProvision of “Lawful Goods and Services”Robin JewelerLegislative AttorneyAmerican Law DivisionSummaryThis report examines two key provisions in the Conference Report on theBankruptcy Abuse Prevention and Consumer Protection Act of 2002, H.Rept. 107-617,107th Cong., 2d Sess. (2002): the home
3、stead exemption and dischargeability of liabilityfor violation of laws relating to the provision of lawful goods and services (known asthe “Schumer Amendment”). Background. H.R. 333, 107th Cong., 1st Sess. (2001), the “Bankruptcy AbusePrevention and Consumer Protection Act of 2001” passed the House
4、on March 1, 2001.The Senate passed H.R. 333 with an amendment in the nature of a substitute on July 17,2001. Both chambers appointed conferees in July, 2001. Conferees met on May 22, 2002to mark up the bill. It was widely reported that consensus on the legislation was reachedwith the exception of tw
