Section 1 Short title
This Act may be cited as the “Enhancing United States Trustee Oversight Act of 2016”.
Enhancing United States Trustee Oversight Act of 2016
A BILL
To amend title 28 of the United States Code to authorize the United States trustees to perform investigations and audits of trusts established as part of a plan of reorganization confirmed under chapter 11 of title 11 of the United States Code.
Sec. 2 Amendment to title 28 of the United States Code
Section 586 of title 28 of the United States Code is amended by adding at the end the following:
“(g) The United States trustee for each region is authorized to perform investigations, and to contract with auditors to perform audits, of trusts established as part of a plan of reorganization confirmed under chapter 11 of title 11 of the United States Code, including trusts with respect to which an injunction is issued under subsection (g) of section 524 of such title.”
Sec. 3 Effective date; application of amendment
Effective date— Except as provided in subsection (b), this Act and the amendment made by this Act shall take effect on the date of the enactment of this Act.
Application of amendment— The amendment made by this Act shall apply with respect to trusts established before, on, or after the date of the enactment of this Act.