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Bill · 119th Congress · HR 7730
Bankruptcy Threshold Adjustment Act
Refreshed 19 min ago
Introduced 2026-02-26Topic: economy jobsSummary
Summary by the Congressional Research ServiceBankruptcy Threshold Adjustment Act of 2026 This bill restores changes that expired in 2024 applicable to debt limits for Subchapter V (small business reorganization) and Chapter 13 (the wage earner's plan) bankruptcies. Specifically, the bill increases the debt limit under Subchapter V from approximately $3.4 million to $7.5 million and increases the cumulative debt limit under Chapter 13 from approximately $2.1 million to $2.75 million. The bill also applies both secured and unsecured debt towards the Chapter 13 limit. (Currently, separate limits apply to secured and unsecured debt under Chapter 13 bankruptcy.)
Sponsors
- Ben Cline Republican sponsor
- 6 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-10-14 | Senate | Message on Senate action sent to the House. | |
| 2026-09-28 | Senate | Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123) | |
| 2026-09-28 | Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123) | floor pass | |
| 2026-09-17 | Senate | Received in the Senate, read twice. | refer |
| 2026-09-16 | House | Motion to reconsider laid on the table Agreed to without objection. | |
| 2026-09-16 | House | On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940) | |
| 2026-09-16 | Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. | floor pass | |
| 2026-09-16 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 7730. | |
| 2026-09-16 | House | Considered under suspension of the rules. (consideration: CR H5939-5941) | |
| 2026-09-16 | House | Mr. Cline moved to suspend the rules and pass the bill, as amended. | |
| 2026-08-27 | House | Placed on the Union Calendar, Calendar No. 684. | |
| 2026-08-27 | House | Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783. | report |
| 2026-08-27 | Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783. | report | |
| 2026-03-26 | House | Ordered to be Reported (Amended) by Voice Vote. | refer |
| 2026-03-26 | House | Committee Consideration and Mark-up Session Held | refer |
| 2026-02-26 | House | Referred to the House Committee on the Judiciary. | refer |
| 2026-02-26 | Introduced in House | introduce | |
| 2026-02-26 | Introduced in House | introduce |