Federal · 119th Congress
Bankruptcy Threshold Adjustment Act
Policy areaFinance and Financial Sector
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.)
Sponsor
Cosponsors6
J. Luis CorreaDU.S. Representative · 46th District · CA
Laurel M. LeeRU.S. Representative · 15th District · FL
Joe NeguseDU.S. Representative · 2nd District · CO
Lance GoodenRU.S. Representative · 5th District · TX
Zoe LofgrenDU.S. Representative · 18th District · CA
David J. TaylorRU.S. Representative · 2nd District · OHOther titles3
To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.Official Title as IntroducedOfficial Title from EH (Engrossed in House) bill text
Bankruptcy Threshold Adjustment Act of 2026Short Title(s) as Introduced
Bankruptcy Threshold Adjustment ActShort Title(s) as Reported to HouseShort Title(s) as Passed HouseShort Titles from ENR (Enrolled) bill text
Legislative history14
Oct 14, 2026
Senate · FloorMessage on Senate action sent to the House.
Sep 28, 2026
Senate · FloorPassed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
Sep 17, 2026
SenateReceived in the Senate, read twice.
Sep 16, 2026
House · FloorMotion to reconsider laid on the table Agreed to without objection.
Sep 16, 2026
House · FloorOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940)
Sep 16, 2026
House · FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 7730.
Sep 16, 2026
House · FloorConsidered under suspension of the rules. (consideration: CR H5939-5941)
Sep 16, 2026
House · FloorMr. Cline moved to suspend the rules and pass the bill, as amended.
Aug 27, 2026
HousePlaced on the Union Calendar, Calendar No. 684.
Aug 27, 2026
House · CommitteeReported (Amended) by the Committee on Judiciary. H. Rept. 119-783.
Mar 26, 2026
House · CommitteeOrdered to be Reported (Amended) by Voice Vote.
Mar 26, 2026
House · CommitteeCommittee Consideration and Mark-up Session Held
12 of 14
Documents7
Texts
The final text sent to the PresidentLatestEnrolled BillU.S. Government Publishing OfficeOct 9, 2026As received in the Senate from the HouseReceived in SenateU.S. Government Publishing OfficeSep 17, 2026As passed by the HouseEngrossed in HouseU.S. Government Publishing OfficeSep 16, 2026As reported by the House committeeReported in HouseU.S. Government Publishing OfficeAug 27, 2026As introduced in the HouseIntroduced in HouseU.S. Government Publishing OfficeFeb 26, 2026