National Guard and Reservists Debt Relief Extension Act of 2023

HR 3315, the National Guard and Reservists Debt Relief Extension Act of 2023, extends an existing bankruptcy protection for qualifying military reservists and National Guard members. It amends the 2008 National Guard and Reservists Debt Relief Act to extend the exemption period from 15 to 19 years, allowing those activated for at least 90 days after September 11, 2001, to avoid automatic rejection in Chapter 7 bankruptcy filings due to income thresholds. This provision directly affects service members called to active duty or homeland defense roles, providing them additional time to manage debt without facing the "means-test presumption of abuse." The bill makes no new policy changes beyond extending this specific relief period.