Bankruptcy Threshold Adjustment Act of 2026
Latest action · Aug 10, 2026 Held at the desk.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 3, 2026
- Passed SenateAug 3, 2026
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Bankruptcy 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.)
Cosponsors 5
Members who signed on, in the order they did. All signed on Mar 3, 2026.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-DE | Christopher A. Coons | Original | Mar 3, 2026 |
| R-TX | John Cornyn | Original | Mar 3, 2026 |
| R-SC | Lindsey Graham | Original | Mar 3, 2026 |
| D-IL | Richard J. Durbin | Original | Mar 3, 2026 |
| D-RI | Sheldon Whitehouse | Original | Mar 3, 2026 |
Actions 7
Everything that happened, newest first.
- Aug 10, 2026Message on Senate action sent to the House.
- Aug 10, 2026Received in the House.
- Aug 10, 2026Held at the desk.
- Aug 3, 2026Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S4412; text: CR S4412)
- Mar 4, 2026Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
- Mar 3, 2026Introduced in Senate
- Mar 3, 2026Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
In the Congressional Record 3
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S4412Text printed S4412 | Jerry Moran R-KS | Aug 3, 2026 |
| Senate | Debate and remarks S769 | John Thune R-SD | Mar 4, 2026 |
| Senate | Debate and remarks S766 | Joni Ernst R-IA | Mar 3, 2026 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 7730 | Bankruptcy Threshold Adjustment Act | Related bill | Nov 10, 2026 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
- Short Title(s) as Passed Senate
- Bankruptcy Threshold Adjustment Act of 2026
- Short Title(s) from PCS (Placed on Senate Calendar) bill text
- Bankruptcy Threshold Adjustment Act of 2026
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Aug 3, 2026Engrossed in Senate
- Mar 4, 2026Placed on Calendar Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
