The trustee payment in section 330(b)(1) rises from $45 to $105
To amend titles 11 and 28, United States Code, to modify the compensation payable to trustees serving in cases under chapter 7 of title 11, United States Code, to extend the term of certain temporary offices of bankruptcy judges, and for other purposes, section 3, Sec. 3.
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The trustee payment in section 330(b)(1) rises from $45 to $105
The document says “is amended”Who acts: CongressHow: statuteSec. 3 in the PDF
What the document says
“Section 330 of title 11, United States Code, is amended-- (1) in subsection (b)(1) by striking ``$45'' and inserting ``$105''; and”
The operative pay change. This Act amends section 330 of title 11, United States Code, replacing the figure $45 in subsection (b)(1) with $105. Section 2 of this Act states that the effect is to bring total trustee pay to $120 a case.
What the document actually says
“Section 330 of title 11, United States Code, is amended-- (1) in subsection (b)(1) by striking ``$45'' and inserting ``$105''; and”
That sentence, in plain words
One rule pays the case worker forty five dollars. This law changes that number. It becomes a hundred and five.
What this is about
That rule sits in an older law. The number is the only thing changed. Part six says when the change starts.
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quotation rather than replacing it.
