Political Quotes

“Mr. Speaker, I move to suspend the rules and pass the bill (H.R. 5827) to amend title 11 of the United States Code to include firearms in the types of property allowable under the alternative provision for exempting property from the estate, as amended. The Clerk read the title of the bill. The text of the bill is as follows: H.R. 5827 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Protecting Gun Owners in Bankruptcy Act of 2010''. SEC. 2. EXEMPTIONS. 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.''. SEC. 3. EFFECTIVE DATE; APPLICATION OF AMENDMENTS. (a) Effective Date.--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.…”