3.0.0 3977 2026-08-26T21:48:11Z 2026-08-26T21:48:11Z Senate S S 2026-03-03 119 https://www.congress.gov/bill/119th-congress/senate-bill/3977 Bankruptcy Threshold Adjustment Act 119 7730 HR 2026-08-27 Placed on the Union Calendar, Calendar No. 684. Identical bill CRS Related bill House 2026-08-10 11:11:26 Held at the desk. Floor H15000 2 House floor actions 2026-08-10 11:02:30 Received in the House. Floor H14000 2 House floor actions 2026-08-10 Senate Message on Senate action sent to the House. Floor 2026-08-03 Senate Passed Senate without amendment by Unanimous Consent. (consideration: CR S4412; text: CR S4412) Floor 2026-08-03 Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. Floor 17000 9 Library of Congress 2026-03-04 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347. Calendars 2026-03-03 Senate Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2026-03-03 Introduced in Senate IntroReferral 10000 9 Library of Congress G000386 Sen. Grassley, Chuck [R-IA] Chuck Grassley R IA N D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2026-03-03 True C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2026-03-03 True W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2026-03-03 True G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2026-03-03 True C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2026-03-03 True Finance and Financial Sector Bankruptcy 2026-08-06T17:29:50Z Debt collection 2026-08-06T17:29:50Z Small business 2026-08-06T17:29:50Z Finance and Financial Sector 2026-08-07T18:55:56Z 55 2026-08-03 Passed Senate 2026-08-26T21:47:56Z 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.)

]]> Bankruptcy Threshold Adjustment Act of 2026 Display Title 45 Bankruptcy Threshold Adjustment Act of 2026 2026-08-11T11:03:19Z Short Title(s) as Passed Senate 105 Bankruptcy Threshold Adjustment Act of 2026 2026-08-04T06:23:31Z S Senate Engrossed in Senate ES Short Title(s) from PCS (Placed on Senate Calendar) bill text 152 Bankruptcy Threshold Adjustment Act of 2026 2026-03-06T03:53:21Z S Senate Placed on Calendar Senate PCS Official Title as Introduced 6 A bill to amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes. 2026-03-04T12:35:18Z Engrossed in Senate 2026-08-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119s3977es/xml/BILLS-119s3977es.xml Placed on Calendar Senate 2026-03-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119s3977pcs/xml/BILLS-119s3977pcs.xml 2026-08-10 Held at the desk. 11:11:26 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.