Section 104: Adjustments of Dollar Amounts

Title 11 of the United States Code - Bankruptcy GENERAL PROVISIONS – CHAPTER 1

Adjustments of Dollar Amounts - Section 104

11 USCS § 104


(a) On April 1, 1998, and at each 3-year interval ending on April 1 thereafter, each dollar amount in effect under sections 101(3), 101(18), 101(19A), 101(51D), 109(e), 303(b), 507(a), 522(d), 522(f)(3) and 522(f)(4), 522(n), 522(p), 522(q), 523(a)(2)(C), 541(b), 547(c)(9), 707(b), 1322(d), 1325(b), and 1326(b)(3) of this title [11 USCS §§ 101(3), (18), (19A), (51D), 109(e), 303(b), 507(a), 522(d), (f)(3), (4), 522(n), (p), (q), 523(a)(2)(C), 541(b), 547(c)(9), 707(b), 1322(d), 1325(b), and 1326(b)(3)] and section 1409(b) of title 28 [28 USCS § 1409(b)] immediately before such April 1 shall be adjusted--

   (1) to reflect the change in the Consumer Price Index for All Urban Consumers, published by the Department of Labor, for the most recent 3-year period ending immediately before January 1 preceding such April 1, and

   (2) to round to the nearest $ 25 the dollar amount that represents such change.

(b) Not later than March 1, 1998, and at each 3-year interval ending on March 1 thereafter, the Judicial Conference of the United States shall publish in the Federal Register the dollar amounts that will become effective on such April 1 under sections 101(3), 101(18), 101(19A), 101(51D), 109(e), 303(b), 507(a), 522(d), 522(f)(3) and 522(f)(4), 522(n), 522(p), 522(q), 523(a)(2)(C), 541(b), 547(c)(9), 707(b), 1322(d), 1325(b), and 1326(b)(3) of this title [11 USCS §§ 101(3), (18), (19A), (51D), 109(e), 303(b), 507(a), 522(d), (f)(3), (4), 522(n), (p), (q), 523(a)(2)(C), 541(b), 547(c)(9), 707(b), 1322(d), 1325(b), and 1326(b)(3)] and section 1409(b) of title 28 [28 USCS § 1409(b)].

(c) Adjustments made in accordance with subsection (a) shall not apply with respect to cases commenced before the date of such adjustments.

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