Bookmarking and annotating the Code and Rules is a special benefit of ABI membership. Join ABI or take a Test Drive today, and start making the Code and Rules your own!
In this chapter—
(1) “property of the estate”, when used in a section that is made applicable in a case under this chapter by section 103(e) or 901 of this title, means property of the debtor;
(2) “special revenues” means—
(A) receipts derived from the ownership, operation, or disposition of projects or systems of the debtor that are primarily used or intended to be used primarily to provide transportation, utility, or other services, including the proceeds of borrowings to finance the projects or systems;
(B) special excise taxes imposed on particular activities or transactions;
(C) incremental tax receipts from the benefited area in the case of tax-increment financing;
(D) other revenues or receipts derived from particular functions of the debtor, whether or not the debtor has other functions; or
(E) taxes specifically levied to finance one or more projects or systems, excluding receipts from general property, sales, or income taxes (other than tax-increment financing) levied to finance the general purposes of the debtor;
(3) “special tax payer” means record owner or holder of legal or equitable title to real property against which a special assessment or special tax has been levied the proceeds of which are the sole source of payment of an obligation issued by the debtor to defray the cost of an improvement relating to such real property;
(4) “special tax payer affected by the plan” means special tax payer with respect to whose real property the plan proposes to increase the proportion of special assessments or special taxes referred to in paragraph (2) of this section assessed against such real property; and
ABI Related Resources
Thoughtful analyses of the day's business and consumer cases.
| Article | Date |
|---|---|
| First Circuit’s Traditional Approach to Section 552 Cuts Off Bondholders’ Liens | 02/03/2020 |
Your trusted source for original insolvency articles and legislative updates.
| Article | Date |
|---|---|
| Municipal Bonds in Chapter 9 A Primer | 06/30/2011 |
| Unfortunate Consequences of a Patchwork Chapter In Chapter 9 Cutting It Thin Doesnt Always Win | 11/30/2013 |
Bankruptcy-related opinion summaries provided by partner LexisNexis® Collier.
| Case | Decided |
|---|---|
| Fin. Oversight & Mgmt. Bd. for P.R., In re | 01/29/2020 |
Quality educational content from all ABI conferences.
| Article | Date |
|---|---|
| Recent Consumer Case Law Developments with Bill Rochelle | 02/18/2021 |
| Rochelle’s Rocky Mountain Case Law Update | 02/11/2021 |
| Hotcakes and Hot Topics: Judges’ Roundtable Q&A | 08/29/2018 |
| Municipal Bankruptcies | 05/17/2018 |
| A Unique Peek Inside Municipal Bankruptcy Cases | 07/24/2017 |
Learn more about Law.ABI.org
