1.This Act may be cited as the
Protecting Gun Owners in Bankruptcy
Act of 2010
.
2.Section 522 of title 11, the United States
Code, is amended—
(1)in subsection (d)
by adding at the end the following:
(13)The debtor’s
aggregate interest, not to exceed $3,000 in value, in a single rifle, shotgun,
or pistol, or any combination thereof.
;
and
(2)in subsection (f)(4)(A)—
(A)in clause (xiv),
by striking and
at the end;
(B)in clause (xv), by
striking the period at the end and inserting ; and
; and
(C)by adding at the
end the following:
(xvi)the debtor’s aggregate interest, not
to exceed $3,000 in value, in a single rifle, shotgun, or pistol, or any
combination
thereof.
.
3.Effective date;
application of amendments
(a)Except as provided in subsection (b), this Act and the
amendments made by this Act shall take effect on the date of the enactment of
this Act.
(b)Application of
amendmentsThe amendments made by this Act shall apply only with
respect to cases commenced under title 11, United States Code, on or after the
date of the enactment of this Act.