Federal · 119th Congress
Bankruptcy Threshold Adjustment Act of 2026
Policy areaFinance and Financial Sector
Summary
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
Cosponsors5
Other titles2
A bill to amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.Official Title as Introduced
Bankruptcy Threshold Adjustment Act of 2026Short Title(s) as Passed SenateShort Title(s) from PCS (Placed on Senate Calendar) bill text
Legislative history6
Aug 10, 2026
House · FloorHeld at the desk.
Aug 10, 2026
House · FloorReceived in the House.
Aug 10, 2026
Senate · FloorMessage on Senate action sent to the House.
Aug 3, 2026
Senate · FloorPassed Senate without amendment by Unanimous Consent. (consideration: CR S4412; text: CR S4412)
Mar 4, 2026
SenateRead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
Mar 3, 2026
SenateIntroduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Documents3
Texts