Lloyd Bentsen: “If I could, I would like to engage the chairman of the subcommittee in a colloquy with respect to sections 126 and 127…”

“If I could, I would like to engage the chairman of the subcommittee in a colloquy with respect to sections 126 and 127 of the conference report. First, if I might, in understanding, does the 2-year residency requirement mean that once residency is met the debtor enjoys the benefit of the State's homestead law for so long as he or she is a resident of that State even if they move from one homestead to another within that State? And, furthermore, does this same residency apply to military personnel and expatriates who maintain their residency within that State but may well be domiciled in another State or another country?”