Bankruptcy Threshold Adjustment Act has passed both chambers, with cosponsors split almost evenly between the parties
IntroducedFeb 26, 2026
ReportedMar 26, 2026
Passed one chamberSep 16, 2026
Passed bothSep 28, 2026
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 92 words.
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.)
Context
- Committees
- House Judiciary Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 1 of 56 bills enacted since 2013
- Text versions
- 5, from enrolled bill to received in senate · 373 words
- Subjects
- BankruptcyDebt collectionSmall business
- Latest action
- Oct 14, 2026: Message on Senate action sent to the House.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th S. 3977 Bankruptcy Threshold Adjustment Act of 2026 R · Passed one chamber
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]