Bankruptcy Threshold Adjustment Act
119-HR-7730119th CongressIntroduced Feb 26, 2026Finance and Financial Sector
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
Sponsor
Rep. Cline, Ben [R-VA-6](R-VA-6)6 cosponsors
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.)
Subjects
BankruptcyDebt collectionSmall business
Actions (17)
Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
Sep 28, 2026Senate
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
Sep 28, 2026Library of Congress
Received in the Senate, read twice.
Sep 17, 2026Senate
Motion to reconsider laid on the table Agreed to without objection.
Sep 16, 2026House floor actions
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940)
Sep 16, 2026House floor actions
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Sep 16, 2026Library of Congress
DEBATE - The House proceeded with forty minutes of debate on H.R. 7730.
Sep 16, 2026House floor actions
Considered under suspension of the rules. (consideration: CR H5939-5941)
Sep 16, 2026House floor actions
Mr. Cline moved to suspend the rules and pass the bill, as amended.
Sep 16, 2026House floor actions
Placed on the Union Calendar, Calendar No. 684.
Aug 27, 2026House floor actions
Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783.
Aug 27, 2026House floor actions
Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783.
Aug 27, 2026Library of Congress
Ordered to be Reported (Amended) by Voice Vote.
Mar 26, 2026House committee actions
Committee Consideration and Mark-up Session Held
Mar 26, 2026House committee actions
Referred to the House Committee on the Judiciary.
Feb 26, 2026House floor actions
Introduced in House
Feb 26, 2026Library of Congress
Introduced in House
Feb 26, 2026Library of Congress