Source
(Added and amended Pub. L. 99–554, title II, §§ 227,
255, title III, § 302(f),Oct. 27, 1986, 100 Stat. 3103, 3106, 3124; Pub. L. 103–65, § 1,Aug. 6, 1993, 107 Stat. 311; Pub. L. 105–277, div. C, title I, § 149(a),Oct. 21, 1998, 112 Stat. 2681–610; Pub. L. 106–5, § 1(1), (2),Mar. 30, 1999, 113 Stat. 9; Pub. L. 106–70, § 1,Oct. 9, 1999, 113 Stat. 1031; Pub. L. 107–8, § 1,May 11, 2001, 115 Stat. 10; Pub. L. 107–17, § 1,June 26, 2001, 115 Stat. 151; Pub. L. 107–170, § 1,May 7, 2002, 116 Stat. 133; Pub. L. 107–171, title X, § 10814(a),May 13, 2002, 116 Stat. 532; Pub. L. 107–377, § 2(a),Dec. 19, 2002, 116 Stat. 3115; Pub. L. 108–73, § 2(a),Aug. 15, 2003, 117 Stat. 891; Pub. L. 108–369, § 2(a),Oct. 25, 2004, 118 Stat. 1749; Pub. L. 109–8, title II, § 219(c), title X, § 1001(a)(1), (c),Apr. 20, 2005, 119 Stat. 57, 185, 186; Pub. L. 111–327, § 2(a)(38),Dec. 22, 2010, 124 Stat. 3561.)
References in Text
Sections 464 and 466 of the Social Security Act, referred to in subsec. (c)(1)(A)(i), are classified to sections
664 and
666, respectively, of Title
42, The Public Health and Welfare.
Codification
For repeal of section effective Oct. 1, 1998, and subsequent reenactment of section, see note set out preceding section
1201 of this title.
Amendments
2010—Subsec. (b)(1).
Pub. L. 111–327, § 2(a)(38)(A), substituted “704(a)(2), 704(a)(3), 704(a)(5), 704(a)(6), 704(a)(7), and 704(a)(9)” for “704(2), 704(3), 704(5), 704(6), 704(7), and 704(9)”.
Subsec. (b)(5).
Pub. L. 111–327, § 2(a)(38)(B), substituted “704(a)(8)” for “704(8)”.
2005—Subsec. (b)(6).
Pub. L. 109–8, § 219(c)(1), added par. (6).
Subsec. (c).
Pub. L. 109–8, § 219(c)(2), added subsec. (c).
1986—Subsecs. (c), (d).
Pub. L. 99–554, § 227, struck out subsecs. (c) and (d) which read as follows:
“(c) If the number of cases under this chapter commenced in a particular judicial district so warrants, the court may appoint one or more individuals to serve as standing trustee for such district in cases under this chapter.
“(d)(1) A court that has appointed an individual under subsection (a) of this section to serve as standing trustee in cases under this chapter shall set for such individual—
“(A) a maximum annual compensation not to exceed the lowest annual rate of basic pay in effect for grade GS–16 of the General Schedule prescribed under section
5332 of title
5; and
“(B) a percentage fee not to exceed the sum of—
“(i) not to exceed ten percent of the payments made under the plan of such debtor, with respect to payments in an aggregate amount not to exceed $450,000; and
“(ii) three percent of payments made under the plan of such debtor, with respect to payments made after the aggregate amount of payments made under the plan exceeds $450,000;
based on such maximum annual compensation and the actual, necessary expenses incurred by such individual as standing trustee.
“(2) Such individual shall collect such percentage fee from all payments under plans in the cases under this chapter for which such individual serves as standing trustee. Such individual shall pay annually to the Treasury—
“(A) any amount by which the actual compensation received by such individual exceeds five percent of all such payments made under plans in cases under this chapter for which such individual serves as standing trustee; and
“(B) any amount by which the percentage fee fixed under paragraph (1)(B) of this subsection for all such cases exceeds—
“(i) such individual’s actual compensation for such cases, as adjusted under subparagraph (A) of this paragraph; plus
“(ii) the actual, necessary expenses incurred by such individual as standing trustee in such cases.”
See section
586
(b) and (e) of Title
28, Judiciary and Judicial Procedure.
Effective Date of 2005 Amendment
Amendment by section 219(c) of
Pub. L. 109–8effective 180 days after Apr. 20, 2005, and not applicable with respect to cases commenced under this title before such effective date, except as otherwise provided, see section 1501 of
Pub. L. 109–8, set out as a note under section
101 of this title.
Effective Date
Section effective 30 days after Oct. 27, 1986, and before the amendment by section 227 of
Pub. L. 99–554, see section 302(c)(2) of
Pub. L. 99–554, set out as an Effective Date of 1986 Amendment note under section
581 of Title
28, Judiciary and Judicial Procedure.
Effective date and applicability of amendment by section 227 of
Pub. L. 99–554dependent upon the judicial district involved, see section 302(d), (e) of
Pub. L. 99–554.
References in Subsection (a) Temporarily Deemed To Be References to Other Provisions
Until the amendments made by subtitle A (§§ 201 to
231) of title II of
Pub. L. 99–554become effective in a district and apply to a case, in subsec. (a) of this section—
(1) the first two references to the United States trustee are deemed to be references to the court, and
(2) any reference to section
586
(b) of Title
28, Judiciary and Judicial Procedure, is deemed to be a reference to subsec. (c) of this section,
see section 302(c)(3)(B), (d), (e) ofPub. L. 99–554, set out as an Effective Date note under section
581 of Title
28.