{"bill":{"id":"119-hr-7730","congress":119,"type":"HR","number":7730,"title":"Bankruptcy Threshold Adjustment Act","originChamber":"House","introducedDate":"2026-02-26","sponsors":[{"bioguideId":"C001118","fullName":"Rep. Cline, Ben [R-VA-6]","party":"R","state":"VA","district":6}],"cosponsorsCount":6,"latestAction":{"actionDate":"2026-09-28","text":"Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)"},"policyArea":"Finance and Financial Sector","subjects":["Bankruptcy","Debt collection","Small business"],"actions":[{"date":"2026-09-28","text":"Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)","type":"Floor","chamber":"Senate","hasVote":false},{"date":"2026-09-28","text":"Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)","type":"Floor","chamber":"Library of Congress","hasVote":false},{"date":"2026-09-17","text":"Received in the Senate, read twice.","type":"IntroReferral","chamber":"Senate","hasVote":false},{"date":"2026-09-16","text":"Motion to reconsider laid on the table Agreed to without objection.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-09-16","text":"On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-09-16","text":"Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.","type":"Floor","chamber":"Library of Congress","hasVote":false},{"date":"2026-09-16","text":"DEBATE - The House proceeded with forty minutes of debate on H.R. 7730.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-09-16","text":"Considered under suspension of the rules. (consideration: CR H5939-5941)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-09-16","text":"Mr. Cline moved to suspend the rules and pass the bill, as amended.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2026-08-27","text":"Placed on the Union Calendar, Calendar No. 684.","type":"Calendars","chamber":"House floor actions","hasVote":false},{"date":"2026-08-27","text":"Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783.","type":"Committee","chamber":"House floor actions","hasVote":false},{"date":"2026-08-27","text":"Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2026-03-26","text":"Ordered to be Reported (Amended) by Voice Vote.","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2026-03-26","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2026-02-26","text":"Referred to the House Committee on the Judiciary.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2026-02-26","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2026-02-26","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>Bankruptcy Threshold Adjustment Act of 2026</strong></p><p>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.</p><p>Specifically, the bill increases the debt limit under Subchapter&nbsp;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.</p><p>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.)</p>","updateDate":"2026-10-09T03:38:25Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":207,"ts":"2026-10-13T06:36:12.470Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"https://simplefunctions.dev/api/public/query-gov?q=Bankruptcy%20Threshold%20Adjustment%20Act"}]}}